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 ...

In the wake of PHH’s exit from reverse mortgages, FOA outlines its strategy to absorb PHH’s $9.6B HECM portfolio and prepare ...

Onity Group will sell $9.6 billion in reverse mortgage servicing rights to Finance of America and exit the reverse origination business.

PHH Mortgage to sell reverse mortgage assets and enter into subservicing agreement, repositioning its participation in the reverse market ...

Finance of America is buying Onity's MSRs and loan pipeline in this niche as PHH retains its role as a subservicer and ...

For older homeowners, a reverse mortgage can sound like a perfect solution. After all, this borrowing tool allows you to turn home equity into cash without having to sell your property or factor ...