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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 -
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