Two former reverse mortgage industry leaders have recently announced securing a significant amount of financing for their new home equity-tapping venture. The funding, totaling close to $300 million, is expected to support the growth and expansion of their innovative venture in the mortgage industry.
Key points:
– Two former leaders in the reverse mortgage industry have secured financing for a new home equity-tapping venture.
– The financing amount is close to $300 million.
– The funding is aimed at supporting the growth and expansion of their new venture in the mortgage industry.
– The former industry leaders are set to bring their expertise and experience to this new venture, potentially shaking up the home equity-tapping market.
You can read this full article at: https://www.housingwire.com/articles/reverse-mortgage-alums-secure-financing-for-alternative-equity-tapping-product/(subscription required)
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