December 13, 2025 - 11:30

Finance of America has announced a significant $2.5 billion partnership with funds managed by Blue Owl, aimed at advancing its home equity lending initiatives. This collaboration underscores the company's commitment to delivering comprehensive financial solutions tailored for retirement. By leveraging this substantial investment, Finance of America seeks to broaden its offerings beyond traditional reverse mortgages, positioning itself as a leading full-spectrum home equity lending platform in the United States.
The partnership is expected to facilitate innovative products and services that cater to the evolving needs of homeowners, particularly those approaching retirement. With a focus on enhancing accessibility to home equity, Finance of America aims to empower individuals to utilize their home assets effectively. As the demand for flexible financial solutions continues to grow, this strategic alliance marks a pivotal step in the company's mission to redefine the landscape of home equity lending, ensuring that more Americans can benefit from their home investments.
August 4, 2026 - 11:41
Mayor Brandon Johnson’s budget director Annette Guzman resigns amid finance team shakeup ahead of tough budgetAnnette Guzman, who has served as Chicago`s budget director since Mayor Brandon Johnson took office, is leaving her post. Her departure marks a significant shift in the city`s financial leadership...
August 3, 2026 - 18:20
Which Financial Stock Would Hold Up Better in a Recession: PayPal or American Express?Investors are starting to ask which payments company can weather a downturn, and the answer is becoming clearer. Between PayPal and American Express, the traditional card issuer looks like the...
August 3, 2026 - 03:13
Bereavement charity at 'financial crisis point'A Birmingham-based charity that supports bereaved families says it is at a `financial crisis point` and could be forced to shut its doors within months. Edward`s Trust, which has helped children...
August 2, 2026 - 01:54
AbraSilver Resource (TSX:ABRA) Could Be 62% Undervalued On Its $45 Million FinancingAbraSilver Resource (TSX:ABRA) is back in the spotlight after closing a follow on equity offering that brought in CA$45.0 million. The company sold 3,062,000 common shares at CA$14.70 each through...