While the company’s long-term issuer default rating has slipped a little, affiliates of Blackstone that have a higher one back the reverse mortgage player.
https://www.nationalmortgagenews.com/news/fitch-downgrades-finance-of-america-on-losses-in-strategic-shift
FSOC finalizes nonbank designation rule, reversing Trump-era move
The Financial Stability Oversight Council enhanced its powers to designate non-bank financial...
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