Reverse

American Advisors Group (AAG) has announced its designation as an approved reverse mortgage lender for United Real Estate. As an approved lender, AAG will educate United agents on reverse mortgage loans to present senior clientele an additional financing solution for home purchase.   “We’re proud... Keep Reading....
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
On the same day the Secretary of the U.S. Department of Housing & Urban Development (HUD) announced that the Federal Housing Administration's (FHFA) Mutual Mortgage Insurance Fund is in the black for the first time since 2008, the official who oversees daily operations of FHA's federally... more
Home values are rising and equity held by senior homeowners is growing, two positive signs that retirees are on steadier footing today than they were after the bubble burst. However, too many older adults are leaving the workforce underprepared to fund their longevity, and reverse mortgage... more
New American Funding has announced the appointment of Ellen Skaggs as national reverse production manager
New American Funding has announced the appointment of Ellen Skaggs as national reverse production manager, where she plans to expand the company's Reverse Mortgage Division nationwide. Skaggs is a seasoned professional in the mortgage industry and has closed more than 3,800 loans over the last 31... more