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Melissa DATA releases online foreclosure database

National Mortgage Professional
Aug 07, 2007

Senior Financial to acquire Liberty Reverse MortgageMortgagePress.comReverse mortgage companies Senior Financial Inc. has agreed to purchase Liberty Reverse Mortgage Inc. Under the terms of the agreement, Senior Financial will pay $50 million for Liberty Reverse at closing, as well as possible performance-based compensation. Pending government approval, the transaction is expected to be finalized during the fourth quarter of 2007. Senior Financial Inc. is a subsidiary of Genworth Financial Inc., a financial security company based in Richmond, Va. For more information, call (888) 436-9678 or visit www.genworth.com. Liberty Reverse Mortgage Inc. is a reverse mortgage lender based in Rancho Cordova, Calif. For more information, call (800) 218-1415 or visit www.libertyreverse.com.
Published
Aug 07, 2007
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