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Quicken Halts One Reverse Mortgage Operations, Shifts Focus to Rocket Home Loan

Quicken Halts One Reverse Mortgage Operations, Shifts Focus to Rocket Home Loan

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Top-10 reverse mortgage company One Reverse home loan is “pausing” its operations, beneath the way of their moms and dad business Quicken Loans. The San Diego-based One Reverse apparently informed its workers that their jobs will be transitioned to roles within Quicken Loans in order to refocus their operations on conventional lending monday.

One Reverse will finish its pipeline of reverse mortgage loans in procedure, it is maybe maybe maybe not likely to originate any reverse that is new loans, sources told RMD. Weiterlesen