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

Longbridge cuts its proprietary reverse mortgage rate to 7.99% and raises the principal limit factor to help seniors tap more ...

Onity Group ( ($ONIT) ) just unveiled an announcement. On November 17, 2025, Onity Group Inc.’s subsidiary, PHH Mortgage Corporation, announced a ...

Missouri and Tennessee are tied for bordering the most states: eight. This week I head to Missouri, the jumping off point for thousands of wagon trains heading west in the mid-1800s. Back then, land ...

Finance of America agreed to acquire the home-equity conversion mortgage servicing portfolio and certain reverse-mortgage assets from PHH Mortgage.

These loans allow older homeowners to borrow against their home equity. But unlike a traditional loan, you don’t have to make a monthly mortgage payment when you take out a reverse mortgage. Instead, ...

Oh, hi again. In today’s edition, we’re talking about a new reverse mortgage that promises rate stability for life, a ...

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The reasons some homeowners would consider alternative financing offered by these companies is that homeowners might have low ...

The reverse mortgage (typically a Home Equity Conversion Mortgage, or HECM) is an interesting financial tool that retirees can utilize to extract cash from their home. Real estate is consistently a ...

Mechanics Bancorp (MCHB) is a West Coast regional bank that recently expanded via a reverse merger with HomeStreet, boosting ...