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Loan Modification

: Mortgage Lender Implode-o-Meter

Security One Lending, a Leading Reverse Mortgage Lender, Acquires OMNI Reverse

By Implode-Explode Heavy Industries

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"Security One Lending has acquired OMNI Reverse in a stock transaction, pending State and Regulatory approvals. The combination of the two organizations will bring together "best of breed" origination forces, mortgage banking expertise, and marketing and fulfillment systems. The mortgage banking operation, which is based in San Diego, will continue to handle all underwriting, document, and funding/insuring responsibilities."

Full post as published by Mortgage Lender Implode-o-Meter on July 04, 2009 (boomark / email).

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