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Combining the two property preservation firms brings specialized technology and capabilities that Five Brothers has to MCS and broadens the operations of both.
March 15 -
Reverse mortgage lender Finance of America posted a quarterly profit to end 2023, as it completed post-merger integrations and faced warnings of delisting from the New York Stock Exchange.
March 6 -
While a Fannie Mae study confirms that the vast majority want to age in place, people 60 and older don't want to use their residence as a piggy bank.
March 1 -
The company, which has paired down its operations to concentrate on reverse mortgages, got a similar notice in December.
February 16 -
Separately, the agency said it could develop a new type of reverse mortgage securitization, and another RMF development that could affect the bank emerged.
January 16 -
The outstanding amount that people ages 62 and up hold represented a nearly $15.4 billion gain in property value offset by a record $2.32 billion in borrowing.
December 19 -
The warning follows a period in which its stock traded below a certain threshold. The company can stay listed and plans to ask for time to regain compliance.
December 18 -
The Department of Housing and Urban Development proposal, which would modernize client meetings necessary for some mortgages, is similar to an FHA move.
December 13 -
The judge also sealed a document in the lawsuit the AARP Foundation joined but the defendants still must produce fee codes in the proposed class action.
December 11 -
The incentives are part of a broader set of Federal Housing Administration servicing changes for Home Equity Conversion Mortgages that also offers some new options for procedures.
December 1