An existing reverse mortgage-backed securities issuer and wholesale lender is making a new play for the retail space, according to a new announcement.

GoodLife Home Loans, dba of Bellevue, Wash.-based Traditional Mortgage Acceptance Corporation (TMAC), announced this week that it has launched a new retail reverse mortgage division to add to its existing efforts in the wholesale space.

GoodLife is one of the leading Home Equity Conversion Mortgage (HECM) lenders on the wholesale side, as well as a major issuer of Ginnie Mae HECM-backed Securities details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com