The recent exit of Wells Fargo from the reverse mortgage industry will become a critical point in time for lenders and mortgage companies with plans to service the financial needs of seniors. Wells Fargo, the nation?s largest reverse mortgage lender, was the kingpin in the industry in more ways than one. It had 26.2 percent market share, according to the latest data from Reverse Market Insight ...
Fate of reverse mortgages depends on compromise - Sun, 03 Jul 2011 PST
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