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American Advisors Group history
American Advisors Group company history timeline
In 2004, the FHA implements rules of HECM refinancing.
The group was founded in 2004 by Reza Jahangiri, president and chief executive officer.
In 2005, the First HECM refinances are made.
In 2006, the national loan limit of $417,000 is established.
In 2008, the first baby boomers turn 62, which results in a surge of loans which exceed past records.
In 2009, The HECM for Purchase is introduced.
2010 proves to be a busy year for the reverse mortgage.
In 2013, HUD releases new HECM policies that make the product safer, stronger, and less risky for the borrower.
In 2017, the loan limit for HECM reverse mortgage loans increased from $625,500 to $636,150.
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American Advisors Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Charles Schwab | 1971 | $1.6B | 32,000 | 626 |
| National Association of REALTORS | 1908 | $207.2M | 2,461 | - |
| American Financial Network | 1988 | $177.5M | 200 | - |
| Alterra Home Loans | 2006 | $7.4M | 750 | - |
| Metropolitan Home Mortgage | 1993 | $25.0M | 50 | - |
| Union Home Mortgage | 1970 | $5.4M | 30 | 57 |
| Capital Mortgage Services of Texas | 1986 | $4.1M | 50 | - |
| Primary Residential Mortgage | 1998 | $730.0M | 1,953 | - |
| Mortgage Access | - | $290,000 | 24 | - |
| FEMBi Mortgage | 1997 | $1.7M | 10 | - |
American Advisors Group history FAQs
Zippia gives an in-depth look into the details of American Advisors Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about American Advisors Group. The employee data is based on information from people who have self-reported their past or current employments at American Advisors Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by American Advisors Group. The data presented on this page does not represent the view of American Advisors Group and its employees or that of Zippia.
American Advisors Group may also be known as or be related to American Advisors Group, American Advisors Group Inc and American Advisors Group, Inc. (aag Reverse Mortgage).