FOA announces the promotion of two executive leaders, on the heels of the firm’s acquisition of American Advisors Group, one of the largest reverse mortgage lenders in the U.S.
Read More »Finance of America to Acquire AAG
Acquisition of nationwide reverse lender by Finance of America marks the company’s expansion into the direct-to-consumer retail channel.
Read More »Senior Home Wealth Grew by Billions in Q3
In the third quarter of 2021, senior citizens collectively gained $396.1 billion in equity, a 3.7% rise.
Read More »AAG Appoints Kristina Larese as CCO
Financial veteran with more than 20 years of experience in federal and state consumer financial services added to AAG leadership team.
Read More »Seniors Overwhelmingly Want to Stay in Their Homes
Over half of America's seniors have now paid off their home, are living without a mortgage, and view their home as the best financial decision they ever made.
Read More »Most Seniors Are Choosing to Remain in Their Home
Even with tight inventory and sellers netting record profits, a new poll has found that seniors are choosing to stay in their homes, citing sentimental value over monetary worth.
Read More »Senior Housing Wealth Surpasses Record $8 Trillion Mark
Housing wealth for Americans 62 and older continues to rise and set records as found by a new report.
Read More »Pandemic Threatening the Financial Future of Seniors
COVID-19 not only threatened the physical health of the nation’s senior population, but harmed the retirement plans of U.S. seniors as well, with one-third noting they were negatively impacted financially over the past year.
Read More »