champion mortgage inc

Founded in 1987, Champion Mortgage established itself as a significant player in the U.S. reverse mortgage market. The company provided mortgage products primarily to senior homeowners, allowing them to convert home equity into cash. In 2012, its parent company, Champion Enterprises, sold the mortgage division to Nationstar Mortgage Holdings (now Mr. Cooper Group). Following the acquisition, the Champion brand was integrated into the parent company's operations, focusing on servicing a large portfolio of reverse mortgages.