Florida-based Atlantic Avenue Mortgage became the top reverse brokerage firm in the U.S. in 2025, less than four years after its founding, and it sees more room for growth in 2026. “We just had our best month ever. We’ve done over $90 million in loan volume in Q1. We expect to certainly be at the […]
How Atlantic Avenue became the top reverse mortgage broker Read More »
Maine Gov. Janet Mills this week signed LD 1901, making Maine the first state to enact comprehensive consumer protections for home equity investments (HEIs), which the new law defines as “shared appreciation mortgage loans.” The bill, titled “An Act to Regulate Shared Appreciation Agreements Relating to Residential Property,” establishes guardrails around a growing class of
Maine enacts first state law to regulate home equity investments Read More »
A borrower’s age should shape every financing recommendation, yet it is often treated as a secondary detail when a senior wants, or needs, access to a portion of their equity. Consider that most mortgage advice is built on the assumptions that the borrower will continue working and has time and resources to recover from financial
Age matters in home equity decisions Read More »
A newly filed class-action lawsuit accuses home equity investment (HEI) company Unison of misleading homeowners and structuring its products in ways that leave customers with far less equity than expected. The complaint, filed April 6 in the U.S. District Court for the District of Colorado by plaintiffs Katharine and Charles Kane, alleges that Unison and
Unison faces more legal trouble over allegedly deceptive home equity agreements Read More »
loanDepot announced Thursday that it has formed a strategic partnership with Figure Technology Solutions to power a new “express-path” home loan product through loanDepot’s mello platform. Under the agreement, loanDepot will integrate Figure’s proprietary credit and loan underwriting engine into its mello technology stack and point-of-sale system. The integration is designed to allow loanDepot to
loanDepot, Figure team up on streamlined home loan and equity products Read More »
Older Americans now hold as much real estate wealth as middle-aged homeowners, illustrating the widening gaps in homeownership access and long-term home price gains. An analysis from Redfin, based on data from the Federal Reserve Board, found that Americans ages 70 and older controlled roughly 26% of the nation’s $48 trillion in real estate wealth
Older Americans maintain record share of housing wealth Read More »
Finance of America (FOA) has expanded access to its HomeSafe Second product into Indiana, Ohio and Michigan, giving senior homeowners more options for tapping record levels of home equity without giving up their low post-pandemic mortgage rates, the company announced Tuesday. Reintroduced in 2023 as what the company called the industry’s first second-lien reverse mortgage,
Finance of America expands HomeSafe Second reverse mortgage to three more states Read More »
Fairway Home Mortgage on Tuesday announced a partnership with the National Association of Insurance and Financial Advisors (NAIFA) to unveil a new educational credential for NAIFA members. The Certified Home Equity Advisor (CHEA) credential aims to help financial and insurance professionals “responsibly integrate home equity into comprehensive retirement planning,” Fairway explained in a press release.
More than one-third of working-age Americans lack access to an employer-sponsored retirement plan, and those who do have median balances of just $40,000, according to a new study from the National Institute on Retirement Security (NIRS). The analysis of U.S. Census Bureau data from December 2022 paints a stark picture of retirement preparedness for the
Home equity props up retirees as savings fall short Read More »
Older U.S. homeowners held a record level of housing wealth in the third quarter of 2025, driven by rising home values and continued equity accumulation, according to the latest Reverse Mortgage Market Index (RMMI). Housing wealth among homeowners ages 62 and older rose 1.9% in the third quarter of 2025 to $14.66 trillion, surpassing the
Senior home equity surges to record $14.7T Read More »