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 ...
When larger banks stepped out of the reverse mortgage market in the 2010s, Finance of America gobbled up much of the demand and became the second-largest reverse mortgage provider after Mutual of ...
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