May 16, 2024
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

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Property

Reverse mortgage vs loan against property: Which is the best option for leveraging home equity?

Reverse mortgages are better suited for senior citizens who need a regular source of income, while Loan Against Property is a secured loan and can fund a wide range of requirements. Are you looking to access additional funds by leveraging your home equity? Reverse Mortgage and Loan Against Property (LAP) are two standard options to

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