A proprietary reverse mortgage product first made available prior to the COVID-19 pandemic and before its discontinuation is now making a return, according to an announcement this week by Onity Group.

The broader mortgage industry and the reverse mortgage subset have worked through a period of elevated interest rates for longer than anyone may have been expecting. Following a post-pandemic boom in ...

Jackson stated, "As we look ahead, based on our performance during the first half of the year and the expected contribution from our expanded sales efforts, we are on track to deliver record revenues ...

CEO Jeff Andreson highlighted that Q1 revenues were up 5% sequentially and 21% year-over-year, reaching $244.5 million, aligning with expectations. Gross margin challenges were noted, attributed to ...

Management expects Q3 2025 revenue in excess of $41 million. No full-year guidance is provided due to tariff and regulatory uncertainties. Lampert said, “We remain focused on gross margin expansion, ...

New York, June 28, 2023 (GLOBE NEWSWIRE) -- PHI Group, Inc. (n/k/a Philux Global Group Inc., www.philuxglobal.com, PHIL), is pleased to announce that the Company has signed a Business Cooperation ...