New York, July 21, 2016 -- Moody's Investors Services has assessed Finance of America Reverse LLC ('FAR') as an 'Average' originator of jumbo reverse mortgage loans, based on several underlying components. As part of our assessment, Moody's reviewed FAR's loan performance and originator ability, which among other aspects included analyzing FAR's ability to accurately assess borrowers' willingness and ability to meet their reverse-mortgage payment obligations (for example, reverse mortgage borrowers are required to make timely tax and insurance payments on their properties). Moody's also assessed FAR's ability to accurately and objectively assess property value and FAR's ability to originate loans closed in accordance with applicable laws and regulations. Finally, the assessment also took into account FAR's financial strength and support functions to determine its originator stability. This is Moody's first assessment of a reverse mortgage originator.

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