AAG has also developed a new information pack and DVD for seniors, their adult children and caregivers. The materials incorporate the most recent Home Equity Conversion Mortgage (HECM) loan program ...
U.S. Census Bureau data shows an average married couple aged 65 years old has nearly 68 percent of their wealth tied up in their home equity. To this point, Jamie Hopkins, associate professor of ...
When news came down about the acquisition of American Advisors Group (AAG) by Finance of America (FOA), reactions across the reverse mortgage industry were largely optimistic. Now that some time has ...
Finance of America Companies (FOA), parent company of industry-leading reverse mortgage lender Finance of America Reverse (FAR), released a new “investor update” this week to update shareholders and ...
As retirement approaches, many homeowners find themselves asset-rich but cash-poor, with significant equity tied up in their homes while facing reduced income streams. And, that's especially true in ...
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