Finance of America reports Q4 loss, full-year profit for 2024Finance of America reported a quarterly loss but achieved a full-year profit, reflecting strategic achievements and market potential for its products.
FOA enlists new marketing agency in renewed pushThe initiative seeks to redefine the reverse mortgage perception and educate homeowners aged 55+ on home equity's role in retirement.
FOA's good' reverse originator ranking reaffirmed by Morningstar DBRSMorningstar reaffirmed Finance of America's MOR RVO2 rating, highlighting their growth and strategic focus on reverse mortgage products.
Reverse mortgage stocks: A closer look at investor attitudesFinance of America reports strong earnings driven by proprietary loan products; Ellington remains optimistic despite softer results.Industry leaders focus on integration and financial health for growth in the reverse mortgage market.
Finance of America reports Q4 loss, full-year profit for 2024Finance of America reported a quarterly loss but achieved a full-year profit, reflecting strategic achievements and market potential for its products.
FOA enlists new marketing agency in renewed pushThe initiative seeks to redefine the reverse mortgage perception and educate homeowners aged 55+ on home equity's role in retirement.
FOA's good' reverse originator ranking reaffirmed by Morningstar DBRSMorningstar reaffirmed Finance of America's MOR RVO2 rating, highlighting their growth and strategic focus on reverse mortgage products.
Reverse mortgage stocks: A closer look at investor attitudesFinance of America reports strong earnings driven by proprietary loan products; Ellington remains optimistic despite softer results.Industry leaders focus on integration and financial health for growth in the reverse mortgage market.
FOA posts robust Q3 earnings as company touts product, platform changesFinance of America reported $15 million in adjusted net income for Q3 2024, marking a successful recovery and improved operating performance.Strategic initiatives over the past year have led to positive metrics across the board for Finance of America.
FOA promotes Jonathan Scarpati to chief production officerJonathan Scarpati has been promoted to oversee wholesale and retail production at FOA to enhance performance in multichannel operations.
The biggest reverse mortgage marketing moves from the first half of 2024A unified Finance of America brand post-acquisition aims to lead the retirement conversation and showcase home equity's positive impact on customers' lives.
FOA posts robust Q3 earnings as company touts product, platform changesFinance of America reported $15 million in adjusted net income for Q3 2024, marking a successful recovery and improved operating performance.Strategic initiatives over the past year have led to positive metrics across the board for Finance of America.
FOA promotes Jonathan Scarpati to chief production officerJonathan Scarpati has been promoted to oversee wholesale and retail production at FOA to enhance performance in multichannel operations.
The biggest reverse mortgage marketing moves from the first half of 2024A unified Finance of America brand post-acquisition aims to lead the retirement conversation and showcase home equity's positive impact on customers' lives.
FOA's Graham Fleming says HMBS 2.0 is making progressGinnie Mae is making progress on HMBS 2.0 implementation, but lacks a timeline for launch.
FOA's James Mittleman looks ahead at 2025 after AAG integrationFinance of America is optimistic about future success following successful workforce and technology integration.
Finance of America hit with layoffs; chief retail sales officer steps downFinance of America, a leading reverse mortgage lender, has undergone layoffs affecting retail and corporate levels due to company reevaluation and focus on long-term growth.
FOA given good' reverse mortgage originator rating by DBRS MorningstarDBRS Morningstar assigns good rating (MOR RVO2) to Finance of America in the reverse mortgage industry, highlighting stable senior leadership and reliable performance.
Finance of America hit with layoffs; chief retail sales officer steps downFinance of America, a leading reverse mortgage lender, has undergone layoffs affecting retail and corporate levels due to company reevaluation and focus on long-term growth.
FOA given good' reverse mortgage originator rating by DBRS MorningstarDBRS Morningstar assigns good rating (MOR RVO2) to Finance of America in the reverse mortgage industry, highlighting stable senior leadership and reliable performance.
FOA reports loss in Q2 but notes improved performanceFinance of America (FOA) moves closer to profitability with increased loan volume and revenue amidst reduced losses.
FOA reverse stock split goes into effect, appears to have intended impactFinance of America (FOA) successfully implemented a 10:1 reverse stock split, boosting share prices above the NYSE threshold.
NYSE moves to delist FOA warrants from the exchangeThe NYSE delisted Finance of America's warrants but will continue trading its class A common stock.
FOA reverse stock split goes into effect, appears to have intended impactFinance of America (FOA) successfully implemented a 10:1 reverse stock split, boosting share prices above the NYSE threshold.
NYSE moves to delist FOA warrants from the exchangeThe NYSE delisted Finance of America's warrants but will continue trading its class A common stock.
Finance of America takes action in move to raise stock price - HousingWireFOA plans a 10-to-1 reverse stock split to boost stock price and prevent delisting from NYSE.