General World News

One year after expansion, Guaranteed Rate remains bullish on reverse mortgages

Just about a year ago, Chicago-based multichannel mortgage lender Guaranteed Rate announced its plans to expand its reverse mortgage division — including around the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) product.

Roughly five months after that announcement, the company named Ryan Ogata as the division’s new executive vice president. Ogata joined the reverse industry for the first time and said in a subsequent RMD interview that he sought to take advantage of a “market creation” opportunity and fulfill the company’s goals in the space.

This week, RMD spoke with Ogata and Guaranteed Rate details ⇒

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