Home Point Financial

Longbridge Issues First Reverse Mortgage Securities 

Just about two months after receiving the official approval from Ginnie Mae, Longbridge Financial, LLC issued its first Home Equity Conversion Mortgage-backed securities (HMBS). The Mahwah, N.J.-based firm made its initial pool offering on July 28, the company announced in a press release issued Wednesday. “The successful securitizations are the latest step in the growth […]