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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 -
Financing costs have risen and consolidation has reduced the number of active players. Will policy changes shift the market's course?
November 27 -
The former investment type added to net earnings, but a tough market hurt some sectors of it during a quarter in which the company experienced mixed success with M&A attempts.
November 8 -
As the leading player in a specialized niche within the consolidating mortgage market, Finance of America is being watched closely.
November 8 -
The seizure of servicing from Reverse Mortgage Funding's bankruptcy has had ripple effects ranging from a private legal challenge to broader policy changes.
November 2 -
If the Federal Housing Administration's rulemaking on home equity conversion mortgages were to go into effect as written, borrower contributions would be reduced by thousands of dollars.
October 25 -
The loan, dubbed Homesafe Second, will allow borrowers 55 and older to tap their home equity via a second mortgage.
October 23 -
While the company's long-term issuer default rating has slipped a little, affiliates of Blackstone that have a higher one back the reverse mortgage player.
October 20 -
More than one securitization per month resulting from multiple disbursements of a single loan will be permitted beginning Oct. 1, the guarantor said.
September 22