Here are the top reverse mortgage securities issuers for 2024Finance of America (FOA) leads the reverse mortgage market in 2024 with 31% share despite issuing fewer pools than in 2023.
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.
FAR, AAG to unify under Finance of America brand - HousingWireFOA will consolidate FAR and AAG under the Finance of America brand in the third quarter of 2024.
Finance of America announces debt restructuring, staving off 2025 maturity riskFOA secured debt to stave off 2025 maturity event, with 90% agreement from noteholders, aiming for sustainable growth and complying with NYSE price criteria.