An article by Michael Lyster at the Orange County Business Journal suggests that Bear Stearns’ purchase of ECC was driven by a margin call from the Wall Street firm that ECC did not have the liquidity to cover.
Startling Bear Stearns/Encore Credit deal details emerge
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With a potential new rate environment coming, how will reverse mortgage lenders pivot?
RMI President John Lunde sits down to talk about the potential impacts of a rate cut on the reverse mortgage industry.