Onity Group will sell $9.6 billion in reverse mortgage servicing rights to Finance of America and exit the reverse ...

The latest announcement is out from Finance of America Companies ( ($FOA) ). On November 17, 2025, Finance of America Reverse LLC entered into an ...

PHH Mortgage to sell reverse mortgage assets and enter into subservicing agreement, repositioning its participation in the reverse market ...

Finance of America agreed to acquire the home-equity conversion mortgage servicing portfolio and certain reverse-mortgage assets from PHH Mortgage.

Proprietary reverse mortgages are gaining traction and represented 40% of the market in September, just before HECM endorsements were paused.

In connection with the transaction, Finance of America will also acquire PHH's pipeline of reverse mortgage loans, bring select members of PHH's experienced origination team into its platform and ...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) today announced the closing of a $243 million securitization backed by a pool of proprietary reverse mortgage loans, all of ...

Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. A reverse mortgage is withdrawn from what is likely your most important ...

The mandatory start date for evaluating a borrower’s ability to handle ongoing costs required to keep a reverse mortgage in place has been extended until April 27, 2015, according to a letter sent to ...

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...