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IndyMac launches commercial lending program

Sep 27, 2007

Financial Freedom launches fixed-rate HECMMortgagePress.comHECM reverse mortgages Financial Freedom has announced the introduction of its HECM Fixed Rate Product, its first government-insured, fixed-rate, closed-ended reverse mortgage. Because the closed-ended structure offers the investor more predictability as to cash flow, Financial Freedom expects the reverse mortgage to appeal to the secondary market. Irvine, Calif.-based Financial Freedom is a subsidiary of Pasadena, Calif.-based savings and loan IndyMac Bank FSB. For more information, call (888) 738-3773 or visit
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Sep 27, 2007
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