In The News
Reverse Mortgage quitter
April 14, 2011 by PaulMGrogan · Leave a Comment
As of March 31, Financial Freedom will no longer be accepting reverse mortgage applications, becoming the third major reverse mortgage company to exit the business this year. Seattle Mortgage and Bank of America recently announced they were shutting their reverse operations, while Wells Fargo said it would halt its wholesale broker program. Financial Freedom intends to continue servicing the reverse mortgages it now holds, according to a company statement.
