Breaking out retail and wholesale reverse mortgage endorsement volume from May 2021, it’s clear that the retail side was dominant in a new data release from Reverse Market Insight (RMI).
Finance of America Reverse
FAR has been certified by Great Place to Work based solely on a series of positive reviews from active employees.
The Texas state legislature is in the process of debating two bills that will have an impact on reverse mortgages in the state, specifically on issues related to deceptive advertising and foreclosures.
FAR has added a new Senior Director of Marketing Intelligence, who comes from prior experience at the National Council on Aging (NCOA) and a fellowship at NASA.
A government relations expert within the reverse mortgage industry describes the importance to the business of engaging with legislators at the state and federal levels, and how industry players can get involved.
The reverse mortgage industry’s trade association has announced efforts to increase diversity, equity and inclusion efforts in the reverse mortgage business and its customer base through broad conversations and a new association committee.
Finance of America Companies reported strong results in its Q1 2021 earnings, citing the reverse mortgage business – Finance of America Reverse (FAR) – as a particularly strong performer.
The reverse mortgage industry has made several recent efforts to appeal to the financial planner community, and RMD updates the industry on those from FAR, Fairway, CrossCountry Mortgage and the Academy for Home Equity in Financial Planning.
As FAR’s parent company begins its trading week on Wall Street, the reverse mortgage lender remains confident in its new position, while early share price values have fallen.
FAR VP of Retirement Strategies and financial planner Stephen Resch helps describe how reverse mortgage professionals may best approach people in his profession for referral partnerships.
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