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.