Finance of America Companies Inc. (FOA) grew its reverse mortgage and home equity funding volume 21% year over year in the second quarter of 2026, even as non-cash fair value marks in its portfolio business drove a net loss of $29 million from April through June. The Texas-based lender on Tuesday reported $730 million in […]
Finance of America grows reverse mortgage volume despite Q2 net loss of $29M Read More »
loanDepot reported a sharply narrower net loss in the second quarter as the lender expanded its home equity business, increased loan production and improved operating leverage. The company posted a net loss of $6.6 million for the second quarter ended June 30, compared with a loss of $54.9 million in the first quarter. Revenue increased
loanDepot narrows Q2 net loss as home equity lifts margins Read More »
Florida’s new push to accelerate homebuilding is hitting up a familiar wall of resistance in the Naples area: local resistance. Instead of fighting over zoning, the battle is about permitting. Private-provider inspectors say Collier County officials have thwarted third-party inspections required under state law. State lawmakers strengthened that law last year. It took effect July
Collier County private inspections fray sparks Florida turf war Read More »