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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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Donna Schmidt on leadership, longevity and navigating change in mortgage servicing

As part of HousingWire’s Editor’s Choice awards spotlight series, we’re spotlighting past Women of Influence honorees whose careers, leadership and insights continue to influence the industry. This series offers a closer look at the experiences and decisions that have shaped their paths. HousingWire reached out to Donna Schmidt, President and CEO of DLS Servicing and

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