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Article: AMSE Announces Third Reverse Mortgage Alliance.
- Article from:
- Business Wire
- Article date:
- June 9, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
JUPITER, Fla.--(BUSINESS WIRE)--June 9, 2003
America's Senior Financial Services, Inc. (OTCBB:AMSE) announced today it has entered into a Reverse Mortgage alliance with a local multi-unit Federal Thrift. Continuing to execute its growth plan as discussed in prior releases AMSE will provide access to reverse mortgage products and back office support to the Bank's branch offices. Initial training has been completed. Management considers the potential of this alliance to be "significant" and has previously reported that in the coming twelve months the Company expects to increase its Reverse Mortgage business by 400% or more.
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