Next Generation Financial Services Offers ‘Industry First’ Discounts Combined with a New Loan Settlement Guarantee on Reverse Mortgages 
(February 15, 2008, Baltimore, MD) Next Generation Financial Services, a Division of 1st Mariner Bank announces new discounts and a settlement guarantee on Reverse Mortgage loans.
“As the Reverse Mortgage industry becomes more competitive, we want to show our [...]

Lenders targeting older homeowners
WASHINGTON - Now that the subprime mortgage business has crashed, many lenders are reviving their incomes by persuading older homeowners to take out reverse mortgages.
Many retirees report being pleased with their reverse mortgages, but consumer advocates say Congress should be moving more quickly to protect the elderly from unscrupulous lenders who push [...]