Author Archive
1st Metropolitan Mortgage - Net Branch opportunities
Real Estate Finance Entrpreneurs, listen up. I came across a great company that is built upon excellent management and has found shelter during the sub prime fallout.
If you’re a mortgage broker or mortgage banker who has dreamed of running a business, controlling your career or achieving financial freedom, you’re in the right place. [...]
Local Focus: San Diego, California
San Diego Reverse Mortgage
The principle behind reverse mortgage is practically the same all over the world. There are however, slight variations in miscellaneous details per country, per state and even per county. A good example of variation would be the interest rates as mandated by law per country. There [...]
Local Focus: Brooklyn, New York Reverse Mortgage
Brooklyn Reverse Mortgage
According to recent studies conducted in the Brooklyn area, an ever growing population of people is looking into reverse mortgage. Reverse mortgage, as we know, is a very unique type of home equity loan where lending companies actually pay the home owners a certain amount for subsistence, with the [...]
Reverse Mortgage Data: New York 2008 (Jan-June)
The reverse mortgage market is on fire, and no where is that more apparent than in New York state. Below you will find a list of the top originating lenders for the first half of the year. (Source: HUDUSER.org)
Top New York HECM Lenders
HECM
Loans
2008
WELLS FARGO BANK NA
239
M AND T BANK
191
WORLD ALLIANCE FINANCIAL CORP
140
FINANCIAL FREEDOM SENIOR [...]
Local Focus: Queens, New York Reverse Mortgage
Queens, New York Reverse Mortgage
The reverse mortgage has always been a particularly attractive lending option with which many home owners in their twilight years have found favorable. All over the US, there is an increase of reverse mortgage applications. According to the National Reverse Mortgage Lenders Association or NRMLA, the [...]
Lender Lead Solutions Adapts HECM Code of Ethics
MELVILLE, N.Y., June 3 /PRNewswire/ — Lender Lead Solutions, the wholesale division of World Alliance Financial Corp., an industry leader in reverse mortgages, announced today that it has begun adopting the National Reverse Mortgage Lender Association’s (NRMLA) formal Code of Ethics and Ethics Advisory Opinion 2008-1 and 2008-2 for its members. Together these policies [...]