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Finance of America reduces losses in Q3, offers update on AAG integration

As the leading reverse mortgage industry lender, FOA is facing headwinds that contributed to another quarterly loss. Still, it has big plans. ....

New York , United States , Matt Engel , Kristen Sieffert , Graham Fleming , Johan Gericke , Patti Cook , Michael Fant , America Companies , American Advisors Group , America Reverse , America Home Improvement , Homesafe Second , Safe Second ,

Credit/CRA and Verification, Flood, CRM, Renovation, LOS, Warehouse Control Products; Non-Agency and Reverse News

I was very excited last Saturday when I rode my bike by a garage sale and saw, “The Holy Bible” for sale, with a “signed edition” sticker on it. Of course I bought it. How cool is that? Trains are pretty cool too. “A railroad conductor needs to make sure he doesn’t go down the wrong track and lose his train of thought.” This morning I head to Milwaukee by train. While in Chicago I spent some time hearing how LOs must get back to the basics, including clear routines and discipline. They must provide education and guidance since LOs are in the “people business.” Technology is a great tool, but not the end-all in the loan process: AI may not take your job but somebody who can use AI might. Lenders, and real estate agents, are asking, “How are companies training a new generation of LOs and other residential mortgage workers?” (Today’s podcast can be found here, sponsored by Visio Lending and its top notch b ....

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FAR expands availability for 'HomeSafe Second' proprietary product

HomeSafe Second will be available through FAR's AAG retail channel, and its wholesale channel through ReverseVision. ....

United States , South Carolina , Kristen Sieffert , America Companies , America Reverse , Safe Second , Home Equity Line , Homesafe Second ,

Finance of America Expands Reach of Second Lien Reverse Mortgage to Allow More Homeowners 55 and Older to Access Home Equity

HomeSafe Second serves as an attractive alternative to HELOCs and home equity loans

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United States , South Carolina , Paul Fiore , Kristen Sieffert , America Companies , National Reverse Mortgage Lenders Association , America Companies Inc , Homesafe Second , Safe Second , Wholesale Partner , Reverse Vision , Chief Retail Sales Officer , America Reverse , Licensed Loan Officers , Home Equity Conversion Mortgages , Private Securities Litigation Reform Act ,

Finance of America expands second lien reverse mortgage for older homeowners (NYSE:FOA)

Finance of America expands second lien reverse mortgage for older homeowners (NYSE:FOA)
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