Virginia widow alleges wrongful reverse mortgage foreclosure

Virginia widow alleges wrongful reverse mortgage foreclosure

The complaint stems from a Home Equity Conversion Mortgage (HECM) that Cleveland Mayo obtained in June 2011 after being diagnosed with kidney failure. According to the lawsuit, Mayo believed the loan would... Read more »
Finance of America 2025 profit jumps 175% on loan volume

Finance of America 2025 profit jumps 175% on loan volume

Adjusted EBITDA totaled $143 million, a 138% increase from 202. This was a reflection of improved earnings quality and the benefits of scale across the company’s platform, CEO Graham Fleming said during... Read more »