The largest reverse mortgage lender in the country, Mutual of Omaha accounted for over 22% of the market in 2024. It offers both FHA-backed Home Equity Conversion Mortgages (HECMs) and a proprietary ...

Reverse mortgages let homeowners over 62 convert home equity into cash with no monthly repayments. Owners must pay house-related expenses, risking foreclosure if unable to maintain payments. In early ...

Onity Group is selling its reverse mortgage business to Finance of America. This strategic move allows Onity to concentrate on growth in core areas like forward mortgages, while FOA expands its ...

A common fear among drivers is accidentally shifting to reverse while on the move, which many assume could be catastrophic for the vehicle. But can you really hurt your gearbox if you — or some nosey ...

Proprietary reverse mortgages are gaining traction and represented 40% of the market in September. This shift comes as HECM endorsements were paused due to a government shutdown, highlighting the ...

When people think about automation, the focus is almost always on what it takes away. They see it as machines taking over tasks, making jobs disappear. But there’s another side to the story that’s ...

For years, Google Maps has been the default platform. Still, its pricing structure has prompted many tech teams, from Seattle’s thriving startups to emerging hubs across the Pacific Northwest, to seek ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages allow seniors to borrow without adding to ...

It’s not uncommon for large companies to acquire startups primarily for their talent rather than their product. Acquihires, as they are called, allow big companies to gain talented employees, while ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But like most financial tools, there are also complexities and potential ...

Typically, reverse stock splits are done by companies in financial distress. Lucid has no immediate threat of being delisted. EV maker Lucid announced Thursday that it filed a preliminary proxy ...