Lenders See Big Opportunities for Reverse Mortgages February 5, 2026 James Dohnert After a fall in interest, reverse mortgages are gaining popularity.Read More
HECM Lending Flat in 3Q, Down 12% YTD December 23, 2024 Brandon Ivey Among the top 50 producers, all but one are nonbanks.Read More
FHA Aims to Shore Up HECM Program November 8, 2024 Monica Hogan FHA and Ginnie Mae officials are working to ensure HECMs are available by implementing various reforms.Read More
Ginnie Plans to Launch New HMBS Product This Year May 30, 2024 Monica Hogan Ginnie Mae plans to release a term sheet next month on a new securitization product backed by home equity conversion mortgages.Read More
Ginnie Eyes Launch of HMBS 2.0 by Year’s End May 30, 2024 Monica Hogan Dubbed HMBS 2.0, the securitization product would give Ginnie MBS issuers a new funding mechanism to buy back loans with balances over 98%.Read More
Revenues Plunge at Reverse Lender Finance of America May 7, 2024 Paul Muolo Total revenues fell to $74.6 million in the first quarter of 2024 from $275.7 million in 4Q23.Read More
A Change in FoA’s Borrowing Facility February 5, 2024 Paul Muolo In a few months, Finance of America will be paying 15% on one of its borrowing lines...Read More
Another Hurdle for Finance of America: A Possible Delisting December 21, 2023 Paul Muolo The publicly traded reverse mortgage lender faces NYSE delisting, while surviving on covenant waivers granted by its warehouse financiers.Read More
BTIG on FoA: Negative Tangible Net Worth an Issue November 13, 2023 Paul Muolo CEO Graham Fleming called the lender the "preeminent provider of modern retirement solutions focused on the home."Read More
HECM Lending Has Its Best Showing Since 2009 March 27, 2023 Monica Hogan The top three HECM lenders in 2022: American Advisors, Mutual of Omaha Mortgage and Finance of America...Read More