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Feb 03, 2008

Vertical Lend Inc. announces name changeMortgagePress.comWorld Alliance Financial Corporation, KBC Financial Products Vertical Lend Inc. announced that it has changed its company name to World Alliance Financial Corporation. The purpose of the name change is to better align the company's identity with its expanded product and service offerings, correlating with its recent acquisition by KBC Financial Products. World Alliance Financial Corporation is a provider of reverse mortgages based in Melville, N.Y. For more information, call (800) 562-6755 or visit www.worldalliancefinancial.com. KBC Financial Products is a wholly-owned subsidiary of KBC Bank NV. For more information, call (212) 845-2000 or visit www.kbcfp.com.

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Feb 03, 2008

Industry News

UWM, UMortgage Under Attack For Alleged Shell Scheme

A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.

Just weeks after allegations against United Wholesale Mortgage (UWM) were published in an exposé-style report and a class action lawsuit, Hunterbrook Media is once again putting the Michigan lender under the spotlight. On Thursday, the hedge-funded media company published...

Analysis and Data

Homebuying Excitement Is Up Among Veterans

Survey results indicate optimism about housing market among U.S. veterans and service members

Our nation’s heroes are increasingly optimistic about buying homes, new research indicates. The amount of veterans and service members who plan to purchase a home in the next six months was up by 15 percentage points year-over-year, according to the Veterans Homebuying Re...