Company News Archives - Page 5 of 7

American Advisors Group Continues Growth

Posted - November 5, 2014

American Advisors Group is a company that is growing as fast as the number of retiring baby boomers, and when there is a need like the one it is filling, it comes as no surprise. Catering to its demographic of homeowners ages 62 years and older, American Advisors Group offers reverse mortgage loans that help clients access the equity sitting in their homes and convert it into cash to be used in retirement.

“Our country is facing a serious issue with a lack of retirement savings for

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Kwagala This Month: November 2014

Posted - November 3, 2014

This month, American Advisors Group is happy to learn of an exciting new move for our girls at the two Kwagala houses! They will be moving both locations into one new spacious compound in Kampala, which will be able to accommodate Kwagala’s entire vocational training center and a new beauty school. There will be enough room to house over thirty girls.

This is a very exciting occasion for all the girls. With the new compound in Kampala comes more job opportunities once the girls graduate,

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Memories from the 1960’s

Posted - October 22, 2014

Thanks to all the loyal AAG Facebook followers for sharing their wonderful memories of the 1960’s with us. We loved reading through the comments and hearing your stories. In case you missed the sweepstakes on our Facebook page, you can read through all the incredible comments here.

 

“Coming home from school to find my dog had her puppies in my bed.  Best memory ever <3” – Mary C.

“Having my first nighttime house party.  Man, talk about great, clean fun.” – Maythelyn

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Kwagala: October 2014

Posted - October 14, 2014

Kwagala This Month: October 2014

This month American Advisors Group is excited to learn about one of our girls named Promise. Last month, the girls were given the chance to attend a business training and leadership conference in the western part of Uganda. This conference aimed to teach ethical and practical business strategies. The girls developed their leadership skills and learned about the strategy of marketplace research.

Promise, who had expressed her interest in becoming a business woman, was the youngest girl to

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American Advisors Group Launches New Reverse Mortgage Commercial

Posted - October 13, 2014

Orange, Calif. (October 13, 2014) – American Advisors Group (AAG), a leader in the reverse mortgage industry, today announced the launch of a television commercial featuring former Senator and national spokesperson Fred Thompson.

The commercial, “Trust in the Best,” is a 1:20 spot, part of the company’s newest advertising campaign that speaks directly to American seniors. It focuses on American Advisors Group’s position as the industry leader and most trusted reverse mortgage

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Featured Article: HECM Update – Non-Borrowing Spouse

Posted - September 2, 2014

Mortgagee Letter 2014-07:
In April 2014, the U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2014-07 announcing new changes to the Home Equity Conversion Mortgage (HECM) loan, specifically for the non-borrowing spouses of reverse mortgage borrowers.

Prior to this change, and under HECM rules, the loan would be due after the departure or death of the last-named HECM borrower, or if the home is sold, or if the borrower fails to pay taxes and insurance or

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Kwagala This Month: September 2014

Posted - September 2, 2014

In 2011, American Advisors Group became inspired by an organization in Uganda dedicated to rescuing, restoring, and empowering women who have been victimized by trafficking, violence, and poverty.  This organization is called the Kwagala Project.  Since then, American Advisors Group has made the Kwagala Project the anchor program for our AAGives Back campaign.  Every month, American Advisors Group raises money through different fundraisers to help support the house in Gulu where the girls

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HECM Program Update – New Principal Limit Factors

Posted - August 18, 2014

Mortgagee Letter 2014-12
In June 2014, the U.S. Department of Housing and Urban Development (HUD) released a letter announcing new changes to the Home Equity Conversion Mortgage (HECM) program, specifically regarding reverse mortgage borrowers with non-borrowing spouses.

Effective August 4, 2014, new Principal Limit Factors will be in place for the HECM, which will allow borrowers with spouses under the age of 62 to still qualify for a reverse mortgage. This may give borrowers access to

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Kwagala This Month: August 2014

Posted - August 18, 2014

In 2011, American Advisors Group became inspired by an organization in Uganda dedicated to rescuing, restoring, and empowering women who have been victimized by trafficking, violence, and poverty. This organization is called the Kwagala Project. Since then, AAG has made the Kwagala Project the anchor program for our AAGives Back campaign. Every month, AAG raises money through different fundraisers to help support the house in Gulu where the girls live and to give the girls an opportunity to

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