The volatile mortgage rate environment in the fourth quarter last year did not impact the quality of closed applications, with critical defects falling to their second lowest level on record, Aces Quality Management found. “Lenders made meaningful progress in loan quality in 2024, closing the year with one of the lowest quarterly critical defect rates […]
Loan defect share improved even as mortgage rates rose in 4Q Read More »
One of the nation’s leading reverse mortgage lenders, Finance of America (FOA), posted strong first-quarter 2025 earnings results. The company beat its estimates for funded loan volume, posted a profit and maintains a bullish outlook for the quarter ahead. Drilling down deeper into the marketing and product landscape for the company, FOA President Kristen Sieffert
FOA president talks business progress amid strong Q1 earnings Read More »
While on its face it represents positive momentum for health in the U.S., rising life expectancy also comes with a key financial concern — longevity risk, or the potential for someone to outlive their retirement savings. This is a key challenge that many prospective retirees may not be ready for. This is according to research
Americans are living longer — but they aren’t prepared for retirement impacts Read More »