FOA maps next steps after PHH reverse asset acquisition
In the wake of PHH’s exit from reverse mortgages, FOA outlines its strategy to absorb PHH’s $9.6B HECM portfolio and prepare for changes.
Onity Group
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PHH Mortgage will halt reverse originations, sell MSRs to Finance of America
Onity Group will sell $9.6 billion in reverse mortgage servicing rights to Finance of America and exit the reverse origination business.
Reverse mortgage lenders log Q2 profits amid home equity, AI push
The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop.
As seniors gain comfort with AI, how should reverse mortgage lenders respond?
The implications of AI for the reverse mortgage industry are still being debated. But lenders that are able to provide these tools to clients in a thoughtful, purpose-driven manner are poised to gain a leg up.
The proprietary reverse mortgage landscape is getting crowded
As more private-label reverse mortgage products are introduced, we asked some key providers if they see issues in being able to stand out.
Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage
While sharing a brand name with the previously introduced product, Kent said there are differences in features and opportunities to stand out.
Liberty Reverse parent Onity praises Q1 earnings performance, proprietary product launch
Onity Group, the parent of PHH Mortgage Corp. and its subsidiary, Liberty Reverse Mortgage, posted solid financial results for the first quarter of 2025 and again praised Liberty’s reverse mortgage performance.
PHH’s Liberty Reverse Mortgage relaunches EquityIQ proprietary product
Liberty is reentering the proprietary reverse mortgage landscape in a more crowded field than when it introduced EquityIQ in 2019.
Onity leaders talk reverse channel profitability, tease proprietary product development
Onity Group executives tout the profitability of their reverse mortgage business and tease the development of a new private-label offering.
CFPB received fewer reverse mortgage complaints in 2024
The share of reverse mortgage complaints to the CFPB last year accounted for roughly 1.4% of the total number of mortgage complaints submitted to the bureau.