FAQ  |  Search  |  Memberlist  |  Usergroups   |  Register  |  Profile  |  Log in to check your private messages  |  Log in 

 Senior Lending Network Says No More Reverse Mtg. Apps View next topic
View previous topic



Post new topicReply to topic
Author Message
Exmtgguy
Nitroglycerin


Joined: 18 Mar 2008
Posts: 530
Location: Tampa, FL

Senior Lending Network Says No More Reverse Mtg. Apps
PostPosted: Wed Jul 08, 2009 7:04 pm Reply with quoteBack to top

Effective July 7, 2009, World Alliance Financial Corp., d/b/a Senior Lending Network will no longer accept new loan applications. World Alliance's parent company, KBC Group based in Belgium has been conducting a company-wide review of its operations and deployment of capital, and as part of that process has decided to no longer make funding available for new reverse mortgages.

Both the KBC Group and World Alliance management are working diligently to find a buyer or capital partner for the business. As a result, we will no longer accept any new loan submissions. If your loan has been issued one of the following dispositions then the loan will be closed by the Senior Lending Network:
• "approved with conditions"
• "clear to close"
• "closing docs out"
• "closing scheduled"
• "closed"

You will be able to manage your leads and loan pipeline from the member Dashboard.

We will continue to service outstanding loans, as well as fulfill all of our other obligations. Your partnership is deeply appreciated and we apologize for the inconvenience. For assistance in your transition planning, please call 1-888-775-3631.

Thank you,
Senior Lending Network

Click the link for more details

http://www.lenderleadsolutions.....090707.pdf

_________________
"Judge not lest ye be judged" - Somewhere in the Bible.
View user's profileSend private message
Display posts from previous:      
Post new topicReply to topic


 Jump to:   


Merge topics 

View next topic
View previous topic
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum




Powered by phpBB 2.0.22-2 (Debian) © 2001, 2002 phpBB Group :: FI Theme :: All times are GMT