Florida industry appointments update - 10/1/2007 – NMP Skip to main content

Florida industry appointments update - 10/1/2007

National Mortgage Professional
Sep 30, 2007

Lender Lead Solutions announces LIBOR-based HECMMortgagePress.comHECM Lender Lead Solutions has introduced a home equity conversion mortgage (HECM) based on the London Interbank Offered Rate (LIBOR) index. The company is the first lender in the reverse mortgage industry to announce a product based on the LIBOR index instead of the Constant Mature Treasury. This will keep brokers from being exposed to market volatility and allow them to increase flexibility and profitability. "The LIBOR-based HECM provides brokers added margin, while giving them the flexibility to structure rates and loan closing costs to meet the individual needs of borrowers," said David Peskin, CEO of Lender Lead Solutions. Melville, N.Y.-based Lender Lead Solutions, a division of Vertical Lend, is a reverse mortgage services company. For more information, call (888) 775-3631 or visit www.lenderleadsolutions.com.
Published
Sep 30, 2007
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021