A second former Republican presidential candidate has become a spokesman for a reverse mortgage originator. Former Sen. Fred Thompson, who represented Tennessee from 1994 through 2003, and who ran for the Republican nomination for president in 2008, is the new spokesman for American Advisors Group, Irvine, Calif. Thompson is also well known for his acting, with roles in a number of movies and most notably playing Manhattan District Attorney Arthur Branch in the NBC television series "Law & Order." He is also an attorney and radio show host. Among other politicians who have become reverse mortgage company spokesmen is Jack Kemp, who was secretary for Housing and Urban Development in the George H.W. Bush administration. Kemp became a spokesman in 2008 for Generation Mortgage Co., Atlanta. A former pro football player, Kemp sought the Republican nomination for president in 1988 and was the vice presidential candidate in 1996.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
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Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
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The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
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The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
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The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
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HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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