Continuing its streak at the top of the list is Finance of America (FOA), with 31% market share and issuance of 315 pools for a total of more than $1.8 billion. FOA issued 83 fewer HMBS pools than it did in 2023, according to the data. Company leaders highlighted both its HMBS market position and the elevated levels of home equity held by older Americans as indications of its market presence in the reverse mortgage space.