Update on COVID-19

Finance of America Reverse LLC (“FAR”) understands you may be facing unique hardships during this difficult time. Many borrowers who are currently experiencing financial distress related to COVID-19 may be eligible for some type of assistance. Please contact us for information regarding options that may be available to you. If you are impacted by COVID-19, please call 866-654-0020 and have your loan number ready for the Customer Service representative.

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Dallas Morning News: Reverse mortgages are becoming a financial planning tool
Dallas, TX, July 16, 2014 -- In his syndicated column in DallasNews.com, personal finance and investments writer Scott Burns writes, “new research indicates that a reverse mortgage can be what they were hoped to be — another tool for managing retirement income and spending.” Read more.        ...
Denver a test market for reverse mortgage rebranding
By Aldo Svaldi The Denver Post, 07/19/2014 Tighter rules on reverse mortgages have reduced their popularity with seniors, something the industry hopes a new ad campaign can change. Denver is one of three markets, along with Philadelphia and Seattle, where the National Reverse Mortgage Lenders Association is testing a new...
CBS News: Reverse mortgages may be ready for a revival
CBS MoneyWatch reports that, “reverse mortgages can provide a way for many Americans to fund a comfortable retirement and may grow in popularity as millions of baby boomers enter their golden years.” According to a June 2 article by CBS News writer Aimee Picchi, Bankrate chief financial analyst Greg McBride...
Roundup: What Researchers and the Media Are Saying About Reverse Mortgages
Recent changes to the reverse mortgage product and borrowing guidelines have prompted academic researchers, financial advisors and members of the media to look at reverse mortgages in a new light. And increasingly, those in the know are recommending reverse mortgages as a tool that can extend the life of your...