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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Kristen Sieffert leads the reverse mortgage presence at The Gathering
FOA’s president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona.