More Charter Members of NRMLA Wholesale Group

There are two more lenders that have joined the National Reverse Mortgage Lenders Association's new Wholesale Lenders Program. The companies are Live Well Financial Inc., Richmond, Va., and Generation Mortgage Co., Atlanta. Both are being treated as charter members of the group along with Bank of America Home Loans, Metlife Home Loans and Genworth Financial Home Equity Access Inc. Senior Lending Network is also listed as a participant, but the company said its Belgium-based parent is no longer making funds available for reverse mortgages. Sherry Apanay, senior vice president of wholesale lending at Generation, said "Wholesale lenders working together for the good of the reverse mortgage industry should make us all stronger."

Processing Content

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS
Load More