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Expenses increased to $95 million (GAAP), up 14% year over year. These costs outpaced revenue growth over the past two quarters. This expense trend, while in line with scaling a growing business, put ...
FOA continued its recent streak of growth in Q2 2025, funding $602 million in mortgages and producing $80 million in net income.
Q2 2025 Management View Graham A. Fleming, Chief Executive Officer, opened by stating, "The second quarter of 2025 marked another period of steady progress at Finance of America. Our performance ...
Prior to the earnings release, Finance of America announced it was buying out Blackstone's equity stake in the mortgage ...
The company’s Reverse Mortgage Solutions subsidiary logged revenues of $18 million for the first quarter, a dip of $4.5 million from the same time last year. Ditech’s Home Equity Conversion ...
When to consider a reverse mortgage Unlike a HELOC, a reverse mortgage serves as a longer-term solution. You can pull money from your home, often in a single lump sum or a series of payments.
Ocwen Financial Corporation (NYSE: OCN) is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH ...
As loan originators, our ability to overcome objection is the key to successful transaction completion. In the formative years of the reverse mortgage industry, it became very apparent that the ...
Reverse Mortgage Solutions, Inc. v. Held Joe Reilly, Sr. purchased property in San Antonio. May 13, 2024 at 12:00 AM ...
TAMPA, FL, UNITED STATES, February 19, 2025 / EINPresswire.com / -- Florida’s Best Reverse Mortgage Company is excited to announce that Diane Borden has been named its 2024 Employee of the Year ...
Reverse Mortgage Solutions Inc. v. Christine MiglucciFull Case Digest Text Phillips Lytle LLP, Albany (Adelyn G. Burns of counsel), for appellant. Legal Aid Society of Northeastern New York ...
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