Apply Online
Schedule a Call

Finance of America

Finance of America partners with Better to expand into home equity lending

Better, Finance of America, HELOCs, Home Equity, HWmember, LendingLife, Mortgage, Partnerships, Reverse /

Finance of America (FOA) will begin offering home equity lines of credit (HELOCs) and home equity loans for homeowners ages 55 and older through the Tinman AI Platform that’s owned by Better Home & Finance Holding Co. At the same time, FOA will become Better’s partner for reverse mortgages, the companies announced Tuesday. “Our partnership […]

Finance of America partners with Better to expand into home equity lending Read More »

Reverse mortgage AI tools set to transform senior borrower experience

Artificial Intelligence, Finance of America, Longbridge Financial, Mortgage, Reverse, Reverse Mortgage Daily, Technology /

Top U.S. reverse mortgage lenders are entering a new phase in their artificial intelligence (AI) strategy: deploying customer-facing tools to engage more directly with seniors. After achieving operational efficiencies by using AI internally, lenders now plan to roll out chatbots, voice agents and digital prequalification tools to a broader base of borrowers starting in the

Reverse mortgage AI tools set to transform senior borrower experience Read More »

Reverse mortgage production metrics took a tumble in August

Finance of America, HECM, HMBS, HWmember, Longbridge Financial, Mortgage, Mutual of Omaha, New View Advisors, Reverse, Reverse Mortgage Daily /

Home Equity Conversion Mortgage (HECM) endorsements fell sharply in August, even as a handful of reverse mortgage lenders continued to dominate the market. The Federal Housing Administration (FHA) insured 2,062 HECMs in August, according to data compiled by New View Advisors that was released on Wednesday. That marked a 13% decline from July and the

Reverse mortgage production metrics took a tumble in August Read More »

Reverse mortgage lenders log Q2 profits amid home equity, AI push

Artificial Intelligence, Earnings, Ellington Financial, Finance of America, Home Equity, HWmember, LendingLife, Mortgage, Onity Group, Reverse, Reverse Mortgage Daily /

The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop.  As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to stronger demand for home equity products among seniors, as

Reverse mortgage lenders log Q2 profits amid home equity, AI push Read More »

Finance of America reports $80M profit, buys out Blackstone

Blackstone Group, Earnings, Finance of America, Graham Fleming, HWmember, Marketing, Reverse, Reverse Mortgage Daily, Technology /

Finance of America (FOA) continued its recent streak of growth in the second quarter of 2025, funding $602 million in mortgages and producing $80 million in net income. FOA, one of the nation’s leading reverse mortgage lenders, exceeded the top end of its stated quarterly guidance for investors as the $602 million in volume from

Finance of America reports $80M profit, buys out Blackstone Read More »

The top 10 reverse mortgage LOs in the country

Finance of America, HECM, HWmember, Loan Officer, Mortgage, Movement Mortgage, Mutual of Omaha Mortgage, PHH Mortgage Corp, Reverse /

On Wednesday, Reverse Mortgage Daily (RMD) brought you a ranking of the top five reverse mortgage loan originators in America. Today, we’ll round out the rest of the top 10 based on data from mortgage recruiting software provider Modex. #6: Jacob Flax, Caliver Beach Mortgage, $76.17 million The third member of the Caliver Beach Mortgage

The top 10 reverse mortgage LOs in the country Read More »

Meet the top 5 reverse mortgage originators in America

California, Finance of America, HECM, HWmember, Loan Officer, Nationwide Equities, Origination, Reverse /

Over the past 12 months, Jason Stultz of Caliver Beach Mortgage has been on quite a hot streak. The Maryland-based mortgage broker has originated roughly $193 million in reverse mortgages in that time — easily the most production of any LO in the industry, according to mortgage data platform Modex. Per Modex, a significant chunk

Meet the top 5 reverse mortgage originators in America Read More »

The proprietary reverse mortgage landscape is getting crowded

Finance of America, HWmember, Liberty Reverse Mortgage, Longbridge Financial, Mutual of Omaha Mortgage, Onity Group, PHH Mortgage Corp, Reverse /

The broader mortgage industry and the reverse mortgage subset have worked through a period of elevated interest rates for longer than anyone may have been expecting. Following a post-pandemic boom in volume fueled by Home Equity Conversion Mortgage (HECM) refinances, higher rates have served to restrict HECM volume, according to industry professionals and analysts. In

The proprietary reverse mortgage landscape is getting crowded Read More »

FOA president talks business progress amid strong Q1 earnings

Earnings, Finance of America, Finance of America Reverse, HWmember, Marketing, Reverse /

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 »