Reverse Lender Starting Wholesale

Reverse Mortgage Solutions, a Houston-based originator and servicer of FHA Home Equity Conversion Mortgages, is starting a wholesale production channel for these loans.
The company is an approved Ginnie Mae HMBS issuer and for the past two years has been aggregating closed loans for securitization, noted chairman and chief executive Robert Yeary. It also operates a call center to originate HECMS as well. …

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