Silver Hill names Jacqueline Weed vice president

Nov 18, 2007

Liberty Reverse Mortgage releases jumbo reverse mortgageMortgagePress.comJumbo reverse mortgages Liberty Reverse Mortgage has announced the release of its proprietary jumbo reverse mortgage product, the Liberty Preferred loan. Features of the loan include a home purchase option, no mortgage insurance premium, loans on homes up to $4 million in value and aggressive premium pricing allowing brokers to offset borrowers' closing costs. 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.

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Nov 18, 2007

Analysis and Data

High Home Prices Not Translating To Higher Seller Profits

Average profit margins decline for second year in a row, with Florida sellers hit hardest

According to ATTOM’s Year-End Home Sales report, 2024 marked the second consecutive year of declining home sale profits, falling to 53.8% in 2024 from 56.9% in 2023. Median seller profit for 2024 was $122,500 per home sale. Although an average of $122,500 is nothing to s...

People On The Move

Andy Ward Joins Guaranteed Rate Affinity As Originating Manager

Ward touts the company's access to more than 2,000 mortgage programs

Guaranteed Rate Affinity, exclusive partner to Coldwell Banker, today announced that Andy Ward has joined the company as an Originating Manager in Cottleville, Missouri. Ward brings 25 years of experience in the mortgage business to the role. "Andy is a great addition to ...