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Government requests more time in Ginnie Mae/TCB lawsuit

The government claims it needs more time to comply with discovery in the case, citing confidentiality concerns and an ongoing OIG inquiry.

New Zealand mayor slammed for recommending reverse mortgages

A New Zealand mayor has faced backlash for suggesting that reverse mortgages could be used to fund rising rates akin to U.S. property taxes.

Liberty Reverse parent completes rebrand to Onity Group

The parent company of a top 10 reverse mortgage lender just completed a rebranding initiative that includes a new NYSE ticker symbol.

Moody's reaffirms 'above-average' quality rating for reverse mortgage servicer Celink

Finance of America hit with layoffs; chief retail sales officer steps down

FOA is "refining" its expenses and eliminated some corporate and retail lending roles, company president Kristen Sieffert said.