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Finance of America Companies Inc. provides home equity-based financing solutions for modern retirement through reverse mortgage and related retirement products. News about FOA commonly covers quarterly operating results, funded loan volume, origination gains, fair value changes and adjusted profitability in its Retirement Solutions and Portfolio Management activities.
Company updates also include product expansion for the HomeSafe line, including second-lien reverse mortgage and line-of-credit offerings, as well as capital markets activity used to distribute originated loans to investors. Other recurring developments include strategic financing relationships, leadership appointments and investor communications around earnings releases.
Finance of America (NYSE: FOA) announced that Finance of America Reverse has earned 2026 Great Place To Work Certification™, based entirely on employee feedback. According to the company, 90% of FOA employees said it is a great place to work, versus 57% at a typical U.S. company. Great Place To Work, described as a global authority on workplace culture, noted that the certification reflects consistent, intentional focus on the employee experience.
Employees highlighted leadership’s genuine care, remote and flexible work options, work-life balance, and a collaborative, supportive culture. The certification follows FOA’s earlier inclusion on TIME’s America’s Best Companies list, underscoring its emphasis on workplace quality alongside value for customers and communities.
Finance of America (NYSE: FOA) reported Q2 2026 funded volume of $730 million, up 21% year over year, and total revenues of $62 million, down sharply from both Q1 2026 and Q2 2025. The quarter showed $0.10 basic EPS and $1 million net income attributable to Class A holders, but a $29 million net loss from continuing operations, or $(1.28) diluted loss per share.
Adjusted metrics were stronger, with $0.84 adjusted EPS, $19 million adjusted net income, and $35 million Adjusted EBITDA. Year-to-date 2026 adjusted EPS reached $1.94, up 81% versus 2025. Cash and cash equivalents rose to $85 million, up 85% year over year. Total equity was $407 million and tangible equity $246 million. The company also completed the acquisition of the Onity HECM servicing portfolio, lifting securitized loans and total assets by 19% or more versus Q1 2026.
Finance of America (NYSE: FOA) announced two senior appointments at Finance of America Reverse to support its next phase of growth. Maury Pipkin has been named Chief Information Security Officer, reporting to Chief Information Officer Brian Conneen, and Bryan Summerhays has been appointed Senior Vice President, Revenue Growth and Channel Strategy, reporting to President Kristen Sieffert.
According to Finance of America, Summerhays will lead initiatives in customer engagement, sales productivity and channel performance as the company scales its retail platform. Pipkin will oversee enterprise cybersecurity strategy, focusing on strengthening the company’s security posture while enabling continued technology innovation. The company describes these moves as part of a broader strategy to enhance technology, cybersecurity and commercial capabilities to support long-term, customer-centric growth in home equity-based retirement solutions.
Finance of America (NYSE: FOA) will release its second quarter 2026 financial results, for the period ended June 30, 2026, after market close on Tuesday, August 4, 2026. Management will host a webcast and conference call at 5:00 p.m. Eastern Time to discuss the results.
Finance of America (NYSE: FOA) announced it was named to TIME’s America’s Best Companies 2026 list. The ranking, created with Statista, evaluates employee satisfaction, financial performance and responsible practices.
The recognition highlights FOA’s focus on employees and its home equity-based retirement solutions for older homeowners.
Finance of America (NYSE:FOA) expanded its HomeSafe Second second-lien reverse mortgage into Louisiana, Rhode Island, Missouri and Washington, D.C., bringing availability to 18 states plus D.C. The product targets homeowners 55+ seeking to access equity without refinancing or adding required monthly payments.
FOA also highlighted its AI-powered platform, built on its Joy AI system, which integrates data and workflows to guide borrowers through the home equity process and create a faster, more seamless customer experience for the 55+ demographic.
Finance of America (NYSE: FOA), through Finance of America Reverse, completed an all-cash acquisition of reverse mortgage servicing rights from Onity Mortgage Corporation, a subsidiary of Onity Group.
The deal adds about 20,000 Ginnie Mae HECM loans with $5.2 billion unpaid principal balance and includes a three-year subservicing agreement with Onity Mortgage.
Finance of America (NYSE:FOA) appointed three senior leaders to support growth in home equity-based retirement financing. Colm Murphy becomes Chief Brand Officer, Jordan Baucum SVP of Communications, and Mike Urban Chief Product Officer.
The roles focus on integrating brand, communications, and product to expand access to home equity solutions, strengthen FOA’s position in retirement planning, and accelerate innovation across its retirement solutions platform.
Finance of America (NYSE: FOA) reported Q1 2026 results for the quarter ended March 31, 2026. Key metrics: $1.93 basic EPS ($35M net income), $1.10 adjusted EPS ($26M adjusted net income), $44M Adjusted EBITDA, and $596M funded volume (6% YoY).
Balance sheet highlights: cash $108M (+108% YoY), total equity $438M, tangible equity $268M (+43% YoY). Completed repurchase of Blackstone's equity interest in February 2026.
Finance of America (NYSE: FOA) will release first quarter 2026 results for the period ended March 31, 2026 after market close on Tuesday, May 5, 2026. Management will host a webcast and conference call the same day at 5:00 PM ET. Materials and replay will be posted on the company's investor website.