Belgian bank to buy Melville mortgage co. Vertical Lend -

Aug 6, 2007 Read more: Newsday 6
Melville-based Vertical Lend, doing business as Mortgage Warehouse on Long Island, announced Monday that it has been bought by Belgian bank KBC. Read more
The NExt

Stamford, CT

#1 Aug 7, 2007
reverse Mortgages, the next financial fiasco
Good for Long Island

Dobbs Ferry, NY

#2 Aug 7, 2007
The NExt wrote:
reverse Mortgages, the next financial fiasco
Who the hell are you to make a statement like that? Shut the f@ck up!
It Is next

Rhinebeck, NY

#3 Aug 7, 2007
The NExt wrote: reverse Mortgages, the next financial fiasco

Good for Long Island wrote: Who the hell are you to make a statement like that? Shut the f@ck up!

Good for Long Island did you just get laid off? I am happy if you did :)
Innocent Observer

AOL

#4 Aug 7, 2007
Why would a reverse mortgage be a financial fiasco? You're borrowing against yourself.
Satisfied Customer

Riverhead, NY

#5 Aug 9, 2007
I have a reverse mortgage and I don't know if it is good for Long Island, but it is good for me AND let me stay on Long Island
ReadsNews

AOL

#6 Aug 15, 2007
"Vertical Lend has been a highly innovative company," Bell said. "That's a very big investment that required a lot of foresight for such a fledgly industry."
----------
Fledgly industry alright! Looks like ya haven't read the
article on April 4 re: Vertical in The Boston Globe.....Story appeared in several Mass. papers, but never in NY !
__________

State tells mortgage broker to halt

Officials: Firm forged signatures, faked files

By Kimberly Blanton, Globe Staff | April 4, 2007

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