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
Mortgage applicants see surging rejection rates
Rejections for mortgage credit outpaced almost every other borrowing category, according to the...
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