10/22/2022
https://nationalmortgageprofessional.com/news/finance-america-mortgage-shut-down?utm_source=Originator+Connect+Network&utm_campaign=28197da774-EMAIL_CAMPAIGN_2022_10_22_04_30&utm_medium=email&utm_term=0_1467c11507-28197da774-71311426
The market adjusting is an excellent opportunity to pivot a degree or two and become more competitive. If you're in the mortgage industry read carefully.
Following the demise of a deal to sell its retail mortgage division, Finance of America Companies Inc. has decided instead to shut it down. In a notice filed with the Securities and Exchange Commission dated Oct. 20, the company said its board of directors has authorized a plan to “discontinue the...