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AAG Receives CFPB “Non-Objection” Letter

ORANGE, Calif. (Aug. 8, 2017)—American Advisors Group (AAG), the nation’s leading reverse mortgage lender, today announced that it has received a “non-objection” letter from the Consumer Financial Protection Bureau (CFPB) related to a Consent Order (CO) entered into on December 7, 2016.  The CO required AAG to submit for review and determination of non-objection a comprehensive […]

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6 Consumer Protections for Reverse Mortgage Loan Borrowers

Pursuing a Home Equity Conversion Mortgage (HECM, commonly referred to as a reverse mortgage loan) is a big decision. While it allows you to convert your home’s equity into non-taxable cash that you can use to supplement your retirement income, “borrowers must continue to pay for property taxes”, you may be wondering what types of […]

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FORBES: This Man Has the Answer To America’s Retirement Crisis

AAG’s CEO and founder, Reza Jahangiri, is featured in the June 29, 2017 issue of Forbes.  In it, Lauren Gensler, Forbes staff writer, covers AAG’s history starting with when Jahangiri became convinced 13 years ago of the big potential for “a congressionally blessed product known as a Home Equity Conversion Mortgage, insured by the Federal Housing Administration.”  Gensler […]

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Chicago Tribune: Reverse Mortgage Loans: A Personal Look

Investment advisor and best-selling author, Terry Savage, “puts her money where her mouth is” and shares a personal story about why she’s a fan of reverse mortgages. Savage explains how she helped her father get a reverse mortgage 15 years ago.  He lived in that same home until his passing at the age of 95. […]

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6 Simple Ways to Cut Costs & Save During Retirement

A safe and comfortable retirement is a goal for most retirees, but living on a fixed income can make it seem impossible. Since there is no safety of a steady paycheck, many are left feeling overwhelmed, looking for options to accommodate their growing needs. So how do you make sure that you spend your retirement […]

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AAG Leadership Recognized by Industry Influencers

AAG in the News American Advisors Group (AAG), is proud of the hard work our leadership has done to make our company the number one reverse mortgage lender in the nation. Our executives have worked tirelessly to educate older Americans about the advantages of using home equity in retirement and as a result have been […]

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Join NRMLA and Next Avenue on a Live Q&A on Reverse Mortgages

The National Reverse Mortgage Lenders Association and Next Avenue, public media’s first and only national journalism service for America’s booming older population, are partnering together to answer consumer questions about reverse mortgage loans. During a live web interview on April 25, 2017, Next Avenue Managing Editor Richard Eisenberg posed reader questions to NRMLA leaders and industry […]

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AAG Celebrates Reverse Mortgage Education Week, April 24 to 28

Between April 24 to 28, American Advisors Group (AAG) will join NRMLA to celebrate Reverse Mortgage Education Week and bring education to mortgage industry professionals and consumers about this innovative retirement planning tool. Over the course of Reverse Mortgage Education Week, NRMLA will be hosting a series of online webinars for professionals who work with […]

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Steve Vernon of CBS MoneyWatch touts reverse mortgage loans

The article dispels many of the misconceptions about reverse mortgage loans including fees, legacies and policy while also explaining how the product offers an opportunity to tap home equity without selling the home – an option often overlooked based on the research. Read the full article here: https://cbsnews.com/news/reverse-mortgages-rodney-dangerfield-of-retirement-planning/

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CBS MoneyWatch: A smart way for seniors to tap home equity

Well-known financial writer, Kathy Kristoff (CBS MoneyWatch, Kiplinger’s Personal Finance, and author of Investing 101) published an article recently about the smart ways older Americans can use a reverse mortgage in retirement. For this article, Kathy interviewed Executive Vice President of Retail Sales, Paul Fiore, to discuss various retirement planning strategies associated with the reverse mortgage loan including the […]

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