Cash-strapped American seniors are turning to reverse mortgages, a controversial type of loan that soared during the financial crisis, as a tightening economy drives ageing homeowners to find ways to ...

While a reverse mortgage may be the ideal financial tool for some, for others, it's important to know there are alternatives worth exploring. Costs: One-time, up-front costs include origination fees, ...

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

The latest announcement is out from Finance of America Companies ( ($FOA) ). On November 17, 2025, Finance of America Reverse LLC entered into an ...

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

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

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. A reverse mortgage is withdrawn from what is likely your most important ...

Sometimes the path to a better retirement isn’t about working more or saving harder. It’s about unlocking the resources you ...

In connection with the transaction, Finance of America will also acquire PHH's pipeline of reverse mortgage loans, bring select members of PHH's experienced origination team into its platform and ...