Reverse

The U.S. Department of Justice has announced that Austin-based Financial Freedom has agreed to a settlement of more than $89 million to resolve charged that it violated the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) in connection with its... Keep Reading....
American Advisors Group (AAG) has announced the launch of a new, 120-second television spot
American Advisors Group (AAG) has announced the launch of a new, 120-second television spot, depicting the reverse mortgage as a viable retirement planning tool. The commercial is airing now and scheduled to run over the next quarter of 2016. The ad will run across cable and national networks,... more
The National Reverse Mortgage Lenders Association (NRMLA) reports that an estimated $147 billion increase in the aggregate value of homes owned by seniors drove their share of home equity to $5.76 trillion and rocketed the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) to an all-time high in... more
NewDay USA has named Paul “Tim” Thompson III as its new chief financial officer
NewDay USA has named Paul “Tim” Thompson III as its new chief financial officer. Thompson, a Wall Street veteran, is the former chairman and chief executive officer of The Darby Creek Company, an investment banking consulting firm. Prior to that, he served as managing director and chief executive... more
Urban Financial of America LLC has announced that it has changed its name to Finance of America Reverse LLC
Urban Financial of America LLC has announced that it has changed its name to Finance of America Reverse LLC. The name change reflects adoption of the branding of parent company Finance of America Holdings LLC. As a result of the ownership of Finance of America Reverse and the recent acquisition of... more