Tag : Federal Housing Administration

Loangevity Mortgage Provides Overview of FHA Reverse Mortgage Insurance and HECM Program Benefits
InsurTech Mortgage News

Loangevity Mortgage Provides Overview of FHA Reverse Mortgage Insurance and HECM Program Benefits

EIN Presswire
by EIN Presswire0
FHA Reverse Mortgages Gain Attention in Retirement Planning Strategies Loangevity Mortgage has released new information outlining how Federal Housing Administration (FHA)-insured reverse mortgages function, with a focus on borrower protections and their potential role in retirement planning strategies. The insurance component is a fundamental part of how the HECM reverse......
Velocity Financial Acquires Majority Interest in Century Health & Housing Capital
Lending Mortgage News

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

Fintech News Desk
by Fintech News Desk0
Velocity Financial, Inc., a leading provider of small balance investor loans, announced it has acquired a majority stake in Century Health & Housing Capital. “Velocity’s national footprint and operational capabilities will significantly expand our ability to grow customer relationships and origination volume.” Founded in 1992, Century is a licensed “Ginnie......
Lument Securities Advises Philadelphia-Area Continuing Care Retirement Community on Sale
Finance News

Lument Securities Advises Philadelphia-Area Continuing Care Retirement Community on Sale

Fintech News Desk
by Fintech News Desk0
Lument Securities (Lument) recently advised the board of directors of Bryn Mawr Terrace, a continuing care retirement community (CCRC) located in Bryn Mawr, Pennsylvania, on its sale to a private operator. Laca Wong-Hammond and Dominic Porretta led the transaction for Lument Securities. Located roughly 10-miles from downtown Philadelphia in the Main Line and operated by Main Line......
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