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Loan Modification

: The Truth About Mortgage.com

OneWest Bank Halts Reverse Mortgage Lending

By scot184

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In another blow to reverse mortgage lending, OneWest Bank announced this week that it is exiting the under-fire business. The Southern California-based bank and mortgage lender, formerly known as IndyMac Federal, is shutting down its reverse mortgage unit Freedom Financial entirely. Freedom Financial had been a heavy hitter in the space before being acquired by [...]

Full post as published by The Truth About Mortgage.com on March 23, 2011 (boomark / email).

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