Skip to main content

National industry appointments update - 5/31/2007

National Mortgage Professional
Jun 03, 2007

Value Financial closes first U.S. fixed-rate reverse mortgageMortgagePress.comFixed-rate reverse mortgage Value Financial Mortgage Services Inc. has closed the first fixed-rate reverse mortgage issued in the United States, at a rate below 7 percent. According to CEO Nelson A. Locke, the borrower received more than $70,000 in cash benefits and has more equity to draw from in the future. Value Financial Mortgage Services Inc. is a reverse mortgage lender based in North Miami, Fla. For more information, call (800) 760-5363 or visit www.valuefinancial.net.
Published
Jun 03, 2007
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Industry News
Jan 26, 2023
There’s Good & Bad News On The Horizon

There will be a real estate slump, but the big cities are coming out much better

Industry News
Jan 26, 2023
Housing Prices Across Texas Likely Hobbled In 2023

But you’re getting a lot less for $1 million

Industry News
Jan 23, 2023
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
Former Employees Sue Rocket Mortgage Over OT Pay

Claim company failed to properly calculate & pay OT for working beyond 40 hours a week.

Operations
Jan 09, 2023