May 2026

Finance of America returns back to profit in first quarter

Finance of America turned a profit in the first quarter following two consecutive periods of losses.  Processing Content The Texas-based reverse mortgage company posted a net income of $35 million last quarter, a significant jump from the $21 million loss recorded in the fourth quarter, but still well below the $80 million it made in […]

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Reverse Mastermind Summit kicks off with practical advice, choice words

Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by surrounding them with knowledge from industry veterans. The event opened Wednesday with remarks from three leaders behind the event — Loren Riddick of NEXA Lending, Shannon

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Compass posts strong Q1 following Anywhere acquisition

Compass, Inc. reported strong first-quarter 2026 financial results Tuesday — reflecting its first full quarter as a combined company following its acquisition of Anywhere in January. Year-over-year comparisons reflect combined results of Compass and Anywhere for 2025, providing a like-for-like comparison with the newly merged company. The firm posted $2.7 billion in revenue for the

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