Indiana industry appointments update - 3/2/2007

Mar 01, 2007

Generation Mortgage introduces jumbo reverse loanMortgagePress.comReverse mortgages Generation Mortgage Company (GMC) has introduced Generation Plus, a jumbo reverse mortgage loan. "We're pleased to announce the launch of the Generation Plus, as it delivers on our goal to provide significant savings to our senior customers, while answering a growing demand for more competitive loan products," said Joe Morris, GMC CEO. "With this offering, a typical 75-year-old borrower whose home is valued at $750,000 will gain approximately $25,000 in additional funds, compared to other jumbo loan products." GMC is a provider of reverse mortgage products and services based in Atlanta. For more information, call (866) 733-6090 or visit www.generationmortgage.com.

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Mar 01, 2007

People On The Move

Ginnie Mae President Alanna McCargo Announces Resignation

McCargo was first woman and first woman of color at the helm of Ginnie Mae.

The U.S. Department of Housing and Urban Development (HUD) today announced that Alanna McCargo, president of the Government National Mortgage Association (Ginnie Mae), will resign, effective May 3, 2024. McCargo has served in the Biden-Harris Administration since January ...

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...