Coinciding with the effective date for a previously announced reverse stock split, the price for shares…
Tag: Finance of America
The biggest reverse mortgage marketing moves from the first half of 2024
Finance of America brand consolidation When Finance of America announced its intention to acquire then-industry leader…
NYSE moves to delist FOA warrants from the exchange
The New York Stock Exchange (NYSE) on Wednesday announced that the warrants of Finance of America,…
Reverse mortgage volume, securities issuance decline in June
HECM volume: Some major lenders buck trend Despite the industrywide drop in volume, four of the…
Finance of America takes action in move to raise stock price
Finance of America (FOA), the leading U.S. reverse mortgage lender, has received shareholder approval upon recommendation…
Two major reverse mortgage lenders to sponsor financial planner conference
The Alliance of Comprehensive Planners (ACP), a trade association for financial planners, will be holding its…
Acting Ginnie Mae president comments on ’HMBS 2.0’
Ginnie Mae, which manages the government-guaranteed portfolio of forward and reverse mortgage-backed securities (MBS), announced this…
Jonathan Scarpati joins NRMLA board of directors
The National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan Scarpati, senior vice president…
Steve Resch talks about financial planner relationships for reverse lenders
Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America,…
Reverse mortgage volume and HMBS issuance improve in April
The refi market continues to be anemic as higher rates are persisting, with refi volume dropping…