San Diego-based Smartfi Home Loans, which is primarily active as a wholesale lender in the reverse…
Tag: Finance of America
Reverse mortgage lenders are ready for lower interest rates
Like the traditional forward space, the reverse mortgage industry has been operating in an elevated interest…
The yo-yo ride for reverse mortgage volume continued in August
The reverse mortgage industry is pressing ahead with a chance at lower interest rates later this…
How reverse mortgage lenders are planning for potentially lower rates
With elevated mortgage rates having persisted over the past two years, Federal Reserve Chair Jerome Powell…
Why a reverse mortgage could be viable in a ‘gray divorce’ situation
“Gray divorce” — referring to the decision of a married couple over the age of 50…
Smartfi hires industry vet Fiore to lead newly created retail reverse division
San Diego-based Smartfi Home Loans, which primarily is active as a wholesale lender in the reverse…
FOA reverse stock split goes into effect, appears to have intended impact
Coinciding with the effective date for a previously announced reverse stock split, the price for shares…
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…