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As the mortgage industry continues to reshape and redefine itself, Residential Finance Corp. , a nationwide mortgage lender, announced the growth of its retail branching division.

ONE REVERSE MORTGAGE ENJOYING RAPID GROWTH

Posted by mortgage 69 days ago (Editorial)
The country?s biggest reverse-only mortgage lender, headquartered in San Diego, has nearly doubled its office space to accommodate for growth and expects to hire more workers this year.
SEOUL, June 18 (Reuters) - A top South Korean regulator said on Thursday that recent mortgage lending growth in the country had been "rapid" and that the regulator was closely monitoring the trend. Financial Supervisory Service (FSS) Governor Kim Jong-chang told a news conference that home-backed loans had expanded at an average 3 trillion won ($2.4 billion) a month recently, a faster rate than .

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