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Exclusive: Finance Of America CEO Talks SPAC Deal, Diversification, Growth Ahead
Friday, February 12, 2021 - 3:58pm | 667Finance of America CEO Patti Cook joined the SPACs Attack show on Benzinga to discuss the company’s SPAC merger and what’s ahead for the company. SPAC Deal: Finance of America is set to merge with Replay Acquisition Corp (NYSE: RPLA). “It was always our intention to take Finance...
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9 Alternatives To A Reverse Mortgage
Wednesday, October 24, 2018 - 3:44pm | 790A reverse mortgage allows you to convert the equity in your home to cash that you can use for other purposes. Essentially, you're selling your home back to a lender in increments. It's a popular method for seniors to supplement living expenses. So long as the home is maintained and...
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Why Are Baby Boomers Increasingly Attracted To Reverse Mortgages?
Tuesday, March 18, 2014 - 11:37am | 673U.S. baby boomers have found themselves in a bit of a squeeze. Not enough savings to fund retirement, but a desire to slow down and either work less -- or not at all. The answer, for an increasing number of boomers, is a vehicle known as a reverse mortgage. This trend is predicated on the...