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Two Florida-based reverse mortgage firms have merged in a move they say will better serve customers in a changing market environment. access reverse mortgage announced that it has merged with Reverse Mortgage Advisors.. Reverse Mortgage Advisors owner Robert Wyatt and his team will join Access Reverse Mortgage, which was founded by Malcolm Tennant and has served the Tampa Bay area since 2005.
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Reverse mortgages are a unique financial product with some interesting features.. The other two posts this week aren't really a “Pro/Con” series, since Josh and I have somewhat.. PMI is supposed to protect lenders from the borrower defaulting on her payments.. The real change is in the target market.
Last month, the reverse mortgage industry closed just over 2,500 loans, a mark it was Mortgages Two florida reverse mortgage companies adjust to changing market with merger | 2019-04-30