March 15, 2025

Reverse mortgages

Mortgage

Restoration of historic Frank Lloyd Wright home complicated by reverse mortgage

The J. J. Walser Jr. residence in Chicago. Photo by Zol87 via Wikimedia Commons. An historic home in Chicago’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. This is according to

Read More
Mortgage

Finance of America to sunset American Advisors Group name

Finance of America Cos. narrowed losses in the first quarter and addressed a branding pivot to fully fold its acquisition of American Advisors Group into a single reverse-mortgage business under the parent name.  The Plano, Texas-based company saw a net loss of $20.3 million, of which $15.8 came from continuing operations. Changes in fair value

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline