FOA posts robust Q3 earnings as company touts product, platform changes
Finance of America reported $15 million in adjusted net income for Q3 2024, marking a successful recovery and improved operating performance.
Strategic initiatives over the past year have led to positive metrics across the board for Finance of America.
Reverse mortgage pros sound off on 2025 HECM limit
FHA increase in HECM limit enhances borrowing options for homeowners, though opinions on its impact amid high interest rates vary.
Dave Ramsey gives his brutally honest takedown on reverse mortgages - and he's spot on
Dave Ramsey warns against reverse mortgages due to high fees and risk of losing home.
Rate announces revamp of reverse mortgage division with industry veterans
Rate strengthens leadership in its reverse mortgage division to cater to older borrowers.
Jesse Allen and Greg Pahel appointed to enhance consumer-directed reverse mortgage strategies.
FOA lowers rate, expands HomeSafe Second reverse mortgage into new states
Finance of America reduces interest rate on HomeSafe Second reverse mortgage and expands its availability, indicating a shift towards more accessible home equity solutions.
Reverse mortgage analysts weigh in on 2025 HECM limit
FHA's HECM limit for 2025 is set at $1,209,750, but its impact on the market remains uncertain.
FOA posts robust Q3 earnings as company touts product, platform changes
Finance of America reported $15 million in adjusted net income for Q3 2024, marking a successful recovery and improved operating performance.
Strategic initiatives over the past year have led to positive metrics across the board for Finance of America.
Reverse mortgage pros sound off on 2025 HECM limit
FHA increase in HECM limit enhances borrowing options for homeowners, though opinions on its impact amid high interest rates vary.
Dave Ramsey gives his brutally honest takedown on reverse mortgages - and he's spot on
Dave Ramsey warns against reverse mortgages due to high fees and risk of losing home.
Rate announces revamp of reverse mortgage division with industry veterans
Rate strengthens leadership in its reverse mortgage division to cater to older borrowers.
Jesse Allen and Greg Pahel appointed to enhance consumer-directed reverse mortgage strategies.
FOA lowers rate, expands HomeSafe Second reverse mortgage into new states
Finance of America reduces interest rate on HomeSafe Second reverse mortgage and expands its availability, indicating a shift towards more accessible home equity solutions.
Reverse mortgage analysts weigh in on 2025 HECM limit
FHA's HECM limit for 2025 is set at $1,209,750, but its impact on the market remains uncertain.
Could Trump's transition delay reverse mortgage policy decisions?
The reverse mortgage industry may experience delays in the implementation of HMBS 2.0 following the political transition post-2024 presidential election.
Rate's Jesse Allen on pushing the reverse division to the next level
Rate's reverse mortgage division has significantly expanded, growing endorsement volume by approximately 870% year-to-date and focusing on the 55-plus demographic.
2024 MMI report: HECM remains in the black
The FHA's reverse mortgage program has maintained a positive capital ratio for four consecutive years, showing improved financial stability.
Key reverse mortgage metrics saw an uptick in October even as business remains lukewarm
HECM endorsements rose by 11.1% in October, signaling optimism in the reverse mortgage market.
Positive interest rates and FHA case number assignments are boosting industry performance.
The yo-yo ride for reverse mortgage volume continued in August
The reverse mortgage industry is experiencing a fluctuating performance but remains optimistic about potential lower interest rates.
Longbridge parent lauds reverse lender's contribution in Q2
Longbridge Financial turnaround praised by Ellington executive team in Q2 earnings report.
Could Trump's transition delay reverse mortgage policy decisions?
The reverse mortgage industry may experience delays in the implementation of HMBS 2.0 following the political transition post-2024 presidential election.
Rate's Jesse Allen on pushing the reverse division to the next level
Rate's reverse mortgage division has significantly expanded, growing endorsement volume by approximately 870% year-to-date and focusing on the 55-plus demographic.
2024 MMI report: HECM remains in the black
The FHA's reverse mortgage program has maintained a positive capital ratio for four consecutive years, showing improved financial stability.
Key reverse mortgage metrics saw an uptick in October even as business remains lukewarm
HECM endorsements rose by 11.1% in October, signaling optimism in the reverse mortgage market.
Positive interest rates and FHA case number assignments are boosting industry performance.
The yo-yo ride for reverse mortgage volume continued in August
The reverse mortgage industry is experiencing a fluctuating performance but remains optimistic about potential lower interest rates.
Longbridge parent lauds reverse lender's contribution in Q2
Longbridge Financial turnaround praised by Ellington executive team in Q2 earnings report.
Misconceptions about reverse mortgage credit line impacts exist, especially regarding partial prepayments.
Rules of the Game' presentation returns to tackle reverse pros' misconceptions
Definitive statements in reverse mortgage presentations can lead to misunderstandings and legal issues, highlighting the need for nuanced communication.
NRMLA conference provides a new energy,' spawns hope for industry growth
The NRMLA's 2024 Annual Meeting and Expo energized the reverse mortgage industry with networking and educational opportunities, indicating potential growth ahead.
NRMLA honors longtime service as CEO announces retirement
Peter Bell's retirement marks a pivotal change for NRMLA, initiating a new era in leadership and operations.
NRMLA elects new board members, officers for 2025 term
NRMLA has elected new board officers and co-chairs for 2024-2025, marking a significant transition in leadership for the reverse mortgage industry.
Reverse-centric Ibis Software appoints Sivori to board of directors
Robert Sivori appointed to Ibis Software's board of directors with extensive reverse mortgage industry experience.
Ibis Software provides solutions to HUD-approved HECM loan counselors and NRMLA with its online reverse mortgage calculator.
Misconceptions about reverse mortgage credit line impacts exist, especially regarding partial prepayments.
Rules of the Game' presentation returns to tackle reverse pros' misconceptions
Definitive statements in reverse mortgage presentations can lead to misunderstandings and legal issues, highlighting the need for nuanced communication.
NRMLA conference provides a new energy,' spawns hope for industry growth
The NRMLA's 2024 Annual Meeting and Expo energized the reverse mortgage industry with networking and educational opportunities, indicating potential growth ahead.
NRMLA honors longtime service as CEO announces retirement
Peter Bell's retirement marks a pivotal change for NRMLA, initiating a new era in leadership and operations.
NRMLA elects new board members, officers for 2025 term
NRMLA has elected new board officers and co-chairs for 2024-2025, marking a significant transition in leadership for the reverse mortgage industry.
Reverse-centric Ibis Software appoints Sivori to board of directors
Robert Sivori appointed to Ibis Software's board of directors with extensive reverse mortgage industry experience.
Ibis Software provides solutions to HUD-approved HECM loan counselors and NRMLA with its online reverse mortgage calculator.
I own a $5 million house in Miami - should I do a reverse mortgage for more income?
A financially stable retiree faces a dilemma maintaining a $35,000/month lifestyle due to insufficient income.
He contemplates a reverse mortgage on his Miami home for additional cash flow.
Guild's Jim Cory on the company's ambitious reverse mortgage rebrand
Guild Mortgage launched the Flex Payment Mortgage suite to modernize its reverse mortgage offerings, emphasizing flexibility and a unified branding strategy to attract consumers.
With a potential new rate environment coming, how will reverse mortgage lenders pivot?
Federal Reserve Chair Jerome Powell signaled a potential rate cut, which could lower mortgage rates and benefit the reverse mortgage industry.
D.C. relaunches program for delinquent reverse mortgage tax, insurance payments
DCHFA relaunched the ReMIT program to provide financial assistance for seniors at risk of foreclosure in Washington, D.C.
Waterfall: Reverse MSR deal with Onity showcases commitment to reverse mortgages
Onity Group to acquire reverse mortgage assets from Mortgage Assets Management, LLC, showcasing Waterfall's commitment to the reverse mortgage space.
The biggest reverse mortgage marketing moves from the first half of 2024
A unified Finance of America brand post-acquisition aims to lead the retirement conversation and showcase home equity's positive impact on customers' lives.
RMI's Lunde: Data is important but only shows part of the reverse mortgage picture
RMI data shows industry decline in activity from June 2023 to June 2024.