Following on the heels of August's first-of-its-kind $317 million reverse-mortgage securitization issued by Financial Freedom Senior Lending Corp., last week America's Senior Financial Services announced that it had engaged Coast Partners Securities, Inc. to assist with the securitization of the Miami Lakes, Fla.-based company's reverse mortgage loans.

"We are looking forward to working with Coast Partners as we continue to build our reverse mortgage product," said Nelson Locke, chairman of America's Senior Financial Services. "Our alliance with this well-respected firm will allow us to expand our underwriting criteria as well as our correspondent network across the country."

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.