American Homeowners Grapple with Rising Financial Anxiety. Yet, Many Overlook Vast Home Equity Potential As A Financial Cushion Finance of America Reverse LLC (FAR) has issued a new survey and it says American homeowners are freaking out. The survey shows that nearly 80% of American homeowners grapple emotionally about the state of the U.S. economy. […]
Finance of America Companies Expected To Close On The Acquisition Of AAG In The First Half of 2023 Finance of America Companies expected to wrap up acquiring the assets of HECM competitor, AAG in the first half of 2023. FOA officials said the transaction underscores its commitment to strong growth and demographic tailwinds. AAG officials […]
Finance Of America Posted It’s 4th Straight Quarterly Loss. Is The Slowly Imploding Finance of America Going The Way Of The Dinosaurs? Finance of America posted its fourth consecutive quarterly loss on Wednesday. The company had already announced it was working toward closing its forward mortgage origination business. Finance of America posted a net loss […]
Finance of America Companies Pulls The Plug On Finance Of America Mortgage After Being Unable To Sell Its Forward Mortgage Unit Finance of America Companies has decided to shut down Finance of America Mortgage. The board of directors made the decision following the demise of a deal to sell its retail mortgage division. The company […]
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