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Finance of America Companies Inc - FOA STOCK NEWS

Welcome to our dedicated news page for Finance of America Companies (Ticker: FOA), a resource for investors and traders seeking the latest updates and insights on Finance of America Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Finance of America Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Finance of America Companies's position in the market.

Rhea-AI Summary
Finance of America (FOA) announces its first-quarter 2024 earnings release and conference call scheduled for May 6, 2024. The Company will discuss its financial results for the quarter ended March 31, 2024, through a webcast and conference call.
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Finance of America Companies Inc. reports a net income of $171 million for the quarter and a 20% improvement in adjusted net basis. The company maintained a 37% share of the HECM Reverse market, positioning itself as a leading retirement solutions platform.
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-1.61%
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Finance of America Companies Inc. (NYSE: FOA) will release Q4 and full-year 2023 results on March 6, 2024. A webcast and conference call will discuss the financial performance.
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-2.3%
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Finance of America Companies Inc. (FOA) received a notice from the NYSE stating non-compliance with the average closing price requirement. The company has a six-month cure period to meet the $1.00 per share threshold. FOA plans to notify the NYSE of its intention to regain compliance and explore available options.
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Finance of America Companies Inc. (NYSE: FOA) received a notice from the NYSE indicating non-compliance with the average closing price requirement of $1.00 over a consecutive 30 trading-day period. The company plans to notify the NYSE of its intention to bring the company into compliance within the six-month cure period.
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Finance of America Companies Inc. (NYSE: FOA) reported a 15% increase in funded volumes in Reverse, a 17% reduction in corporate overhead expenses, and a 37% share of the HECM Reverse market in Q3 2023.
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-28.22%
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Finance of America Companies Inc. will release financial results for Q3 2023 on November 7, 2023, followed by a webcast and conference call to discuss the results.
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-1.9%
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Finance of America expands the launch of its HomeSafe Second loan, allowing homeowners 55 and older to access their home equity without new monthly payments or changing their first mortgage rate. The wider rollout aims to increase availability of this second-lien reverse mortgage product. HomeSafe Second is designed to address barriers faced by older homeowners in accessing home equity financing.
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-1.96%
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Persistent financial anxiety among US homeowners revealed in survey
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-2.53%
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Finance of America Companies Inc

NYSE:FOA

FOA Rankings

FOA Stock Data

60.82M
30.62M
34.36%
57.95%
1.04%
Savings Institutions
Finance and Insurance
Link
United States
Plano

About FOA

finance of america mortgage is a national, full service mortgage banker, offering a diverse portfolio of home loan products. we have a dedication to be consistently expanding our product offerings and develop new services for our customers and partners. our knowledgeable and seasoned mortgage specialists are committed to delivering an innovative, high-touch, high-tech lending experience for consumers, brokers, and our industry partners across the country. at finance of america mortgage we do everything we can to put more knowledge, initiative, and power back into the borrower’s hands – where it belongs. our mission: our mission is to be america’s preferred choice for home financing options by being the industry leader in responsible lending. ©2016 finance of america mortgage llc is licensed nationwide | equal housing lender | nmls id # 1071 (www.nmlsconsumeraccess.org) | az mortgage banker license #0910184 | licensed by the department of business oversight under the california resident