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06:35:04 PM

FOA Stock News

FOA - Finance of America Companies Inc

03/14/23 2:53 PM

NYSE : FAO, FOA

acquisition

Roc360 Expands its Leading Portfolio of Brands with Acquisition of Finance of America Commercial Through Asset Sale

Roc Capital Holdings LLC, a vertically integrated platform for residential real estate investors and a leading originator of business purpose loans nationwide, today announced it has closed on the previously announced transaction for Finance of America Commercial assets. Founded in 2014, Roc360 has funded in excess of $14 billion in loans through its...

RHEA-AI

neutral

03/13/23 4:15 PM

NYSE : FOA

Finance of America Reports Fourth Quarter and Full Year 2022 Results

Finance of America Companies Inc.,, a leading specialty finance and solutions platform, reported financial results for the quarter and year ended December 31, 2022. For the full year 2022, the Company recognized a net loss of $716 million or $3.06 basic loss per share. The transaction has received regulatory approval, is scheduled to close on March 31, 2023 and...

RHEA-AI

negative

02/28/23 8:30 AM

NYSE : FOA

earnings

Finance of America Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call on March 13, 2023

Finance of America Companies Inc., a leading specialty finance solutions platform, today announced that it will release results for the fourth quarter and full year ended December 31, 2022 after market closing on Monday, March 13, 2023. Management will host a webcast and conference call on the same day at 5:00 pm Eastern Time to discuss the Company’ s results...

RHEA-AI

neutral

02/21/23 6:45 AM

NYSE : FOA

Finance of America Issues Statement on the Proposed Sale of Commercial Lending Business

Finance of America Companies Inc., a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for the sale of operational assets of Finance of America Commercial, a division of an FOA subsidiary that offers residential real estate...

RHEA-AI

neutral

02/02/23 6:30 AM

NYSE : FOA, ESNT

Finance of America Issues Statement on the Proposed Sale of Incenter’s Title Insurance Business

Finance of America Companies Inc., a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for the sale of the title insurance business of Incenter, an FOA subsidiary, to a wholly owned subsidiary of Essent Group Ltd.:.

RHEA-AI

neutral

02/02/23 6:30 AM

NYSE : ESNT, FOA

acquisition

Essent Enters into Agreement to Acquire Title Insurance Operations

Essent Group Ltd. announced today that it has entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Title Holding Company and Boston National Holdings LLC from Incenter LLC, a subsidiary of Finance of America Companies Inc. for $100 million. “Title insurance is a natural complement to our MI business with...

RHEA-AI

neutral

02/01/23 7:00 AM

NYSE : FOA

FAR Launches HomeSafe Second: The Only Second-Lien Reverse Mortgage Product Empowering Older Americans to Tap Home Equity Without Making Monthly Payments

Recognizing this growing, largely unmet need for pre-retirees and retirees seeking flexibility, leading retirement mortgage solutions innovator Finance of America Reverse today announced the launch of an enhanced version of HomeSafe Second. “More than 21 million homeowners aged 55 or older had a mortgage in 2021, according to data from the U.S. Census...

RHEA-AI

neutral

12/07/22 7:00 AM

NYSE : FOA

acquisition

Finance of America to Acquire Assets of Reverse Mortgage Lender AAG

Finance of America Companies Inc., a leading specialty finance and solutions platform, today announced it will acquire assets of American Advisors Group, a leading direct-to-consumer reverse mortgage lender, in exchange for a combination of cash and equity. Upon completion of the deal, which is expected to be accretive to both Tangible Book Value and...

RHEA-AI

positive

11/09/22 6:00 AM

NYSE : FOA

Finance of America Reports Third Quarter 2022 Results

Finance of America Companies Inc.,, a customer focused, consumer and specialty lending business, reported financial results for the quarter ended September 30, 2022. The components of which are: Specialty Finance and Services adjusted net income* of $7 million or $0.04 per fully diluted share and Mortgage Originations adjusted net loss* of $27 million or $0.14...

RHEA-AI

negative

10/26/22 4:05 PM

NYSE : FOA

earnings

Finance of America Announces Third Quarter 2022 Earnings Release and Conference Call on November 9, 2022

Finance of America Companies Inc., a leading specialty finance solutions platform, today announced that it will release results for the third quarter ended September 30, 2022 before market opening on Wednesday, November 9, 2022. Management will host a webcast and conference call on Wednesday, November 9, 2022 at 8:00 am Eastern Time to discuss the Company’ s...

RHEA-AI

neutral