The ratings of FAMLI
primarily recognize its strong risk-adjusted capitalization and modest increase in its credit life and credit accident and health insurance sales, offset by expected challenges to profitability associated with increased surplus strain from new business production and a lack of scale.
In addition to these actions, the ratings of FAMPAC and FAMLI
will remain under review with negative implications pending the planned divestiture (spin-off) of Financial American Holdings Corporation (FAMHO) from Warranty Topco, Inc.
Consumers can save substantially over traditional mortgage companies when closing a loan with FAMLI
because of FAMLI
's ability to find and compare interest rates and programs from numerous national lenders.
In an era where "confusion" is the best advantage in mortgage lending, Rick Osborne and the principals at FAMLI
offer you, the borrower, any information you need at your fingertips.