Quontic Bank: Proprietary products are key to reverse mortgage success

Quontic Bank: Proprietary products are key to reverse mortgage success
As the FHA’s reverse mortgage product continues to see its volume decline, some lenders – like New York-based Quontic Bank – are setting their sights on the non-agency proprietary reverses to recapture market share. “I really think that’s where the future of this product is,” said Quontic CEO and Chairman Steven Schnall. “Keep the federal government out of it and let the free market do its thing.”
Source: https://www.housingwire.com/rss