Ginnie Mae report touts commitment to reverse mortgage space

Ginnie Mae report touts commitment to reverse mortgage space

Ginnie Mae this week released its fiscal year 2024 financial report, which describes how the company has aimed to provide liquidity to the mortgage industry, accessibility to affordable housing and value to... Read more »
FOA posts robust Q3 earnings as company touts product, platform changes

FOA posts robust Q3 earnings as company touts product, platform changes

Finance of America (FOA), the reverse mortgage industry’s leading lender, announced its third-quarter 2024 earnings results on Wednesday evening. It delivered adjusted net income of $15 million, or $0.67 per share. The... Read more »
Liberty Reverse parent Onity touts higher profitability, solid servicing performance

Liberty Reverse parent Onity touts higher profitability, solid servicing performance

Onity Group, the recently rebranded parent company of top-10 lender Liberty Reverse Mortgage, posted improved earnings results in the third quarter of the year — with particular attention given to the profitability... Read more »