FCI Lender Services, Anaheim Hills, Calif., the largest servicer of “private money” loans, said it is adding a new private money lender to its servicing base about every two days or so. “Private money continues to move into the area left open by the institutional lenders who aren’t lending,” said FCI executive vice president Gordon Albrecht.
Nation’s largest ‘private money’ servicer showing strong growth
Most Popular Articles
Latest Articles
Reverse mortgage professionals react to H4P rule changes
Reverse mortgage professionals and AARP offered responses to recent changes handed down by HUD to the HECM for Purchase program.