Finance of America Companies Inc
financeofamerica.comWhat Do They Do?
Originates reverse mortgages and traditional home equity loans for homeowners, then sells or securitizes those loans to investors.
10-K for FY2025, filed Mar 13, 2026
How Do They Make Money?
Borrowers pay upfront fees for processing reverse-mortgage applications when a loan is funded. FOA also earns interest on loans it holds and income from changes in loan values, then sells or securitizes loans to investors.
10-K for FY2025, filed Mar 13, 2026Loan origination fees are the primary component of Fee income in the Consolidated Statements of Operations. These origination fees…View ↗
Our Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and…View ↗
Our Portfolio Management segment provides structuring and product development expertise as well as broker/dealer and institutional asset…View ↗
$497.4M
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10-K for FY2025, filed Mar 13, 2026
$497.4M ↗
Who Are Their Customers?
Homeowners seeking retirement financing borrow through FOA’s retail channel or mortgage brokers; traditional home equity loans also originate through Better’s platform. Investors buy loans through securitizations or whole-loan sales.
10-K for FY2025, filed Mar 13, 2026We are a leading provider of home equity-based financing solutions for a modern retirement, offering innovative financing tools to help…View ↗
We originate reverse mortgage loans through a retail channel (consisting primarily of a centralized retail platform) and a third-party…View ↗
Our Portfolio Management segment provides structuring and product development expertise as well as broker/dealer and institutional asset…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 9 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 13, 2026
10-K for FY2025, filed Mar 13, 2026
$45.2MView ↗
How Are They Changing?
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Jul 1, 2026
Completed purchase of Onity reverse mortgage servicing assets
FAR closed its purchase of Onity’s reverse mortgage servicing portfolio and certain origination assets, including a loan pipeline; the parties also entered a subservicing arrangement.
Sources
8-K, filed Jul 1, 2026
On June 30, 2026, Finance of America Reverse LLC (“FAR”), an indirect subsidiary of the Company, closed the previously announced purchase…View ↗
A narrower lending focus
The older report described a platform spanning reverse mortgages, home improvement, residential and commercial lending, and lender services. The latest report centers on reverse mortgages and traditional home equity loans.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 13, 2026Finance of America Companies Inc. is a specialty finance consumer lending platform that provides customers with access to an innovative…View ↗
As of December 31, 2022, we conducted our business through five distinct segments: Mortgage Originations, Reverse Originations, Commercial…View ↗
Our Mortgage Originations segment originates residential mortgage loans through our FAM subsidiary. This segment generates revenue through…View ↗
Our Commercial Originations segment originates or acquires commercial mortgage loans through our Finance of America Commercial ("FACo")…View ↗
Our Lender Services segment provides complementary business services around the residential mortgage, student lending, and commercial…View ↗
We are a leading provider of home equity-based financing solutions for a modern retirement, offering innovative financing tools to help…View ↗
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