Remove 2002 Remove Marketing Remove Real Property
article thumbnail

What it’s like originating reverse mortgages in Montana

Housing Wire

Varying property types Larson grew up in Big Sandy, a small town north of Great Falls. He joined the mortgage industry in 1990 and transitioned to the reverse channel in 2002. Montana never had the population, market or labor force for that. Getting comparables or appraisals for these properties can be a challenge.

Mortgage 435
article thumbnail

GSEs still shun the low end of manufactured housing

Housing Wire

million Americans who live in homes financed with chattel — about 42% of the manufactured housing market — don’t enjoy the consumer protections that long-established legislative bulwarks afford those with a traditional mortgage. But the government sponsored enterprises may now be on the cusp of entering the chattel market.

Finance 448