The reverse mortgage division of Rate, formerly known as Guaranteed Rate, has been on a mission to bolster its market presence for the past few years. According to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), the company grew its endorsement volume by roughly 870% year to date through July.
Keeping that momentum going is a priority for Jesse Allen, who was recently announced as the president for Rate’s reverse lending division. Allen sat down with details ⇒
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