Finance of America Closing FHA Origination Unit And Acquire American Advisors Group for $15 million

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In: Realtor News

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Finance of America (FOA), which recently announced the closure of its troubled origination unit, has closed an agreement to acquire American Advisors Group (AAG), the nation’s largest provider of FHA. In an SEC filing released Wednesday, FOA said it hadContinue Reading

Finance Of America To Exit Wholesale Mortgage Market Post Guaranteed Rate Declined Acquisition Deal

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In: Mortgage News

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The Guaranteed Rate this week was dropped from negotiations to acquire a leading US mortgage finance channel, which could lead to the closure of the FoA division, a source with direct knowledge of the talks told Housingwire. In addition, FoAContinue Reading