LoanWell Financial Corp.

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Reinvention in the reverse mortgage market

May 01, 2008By

We’ve heard stories that more than a few former wholesale and correspondent originators have decided to dip their toes into reverse mortgages, thanks to the utter and complete failure of much of the former mortgage lending industry. We’ve also heard from some reverse mortgage experts, that more than a few of these attempts fail — the differences between origination reverses and traditional “forward” mortgages, we’re told, is often just too great.

3d rendering of a row of luxury townhouses along a street

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