Stock events for Finance of America Cos., Inc. (FOA)
Finance of America's stock experienced strong financial results with increased funded volume in the first and second quarters of 2025. The company repurchased Blackstone's equity stake, repaid its working capital facility, and secured a new convertible debt facility. FOA announced a dual listing on NYSE Texas and partnered with Better.com to expand its home equity offerings. The stock price increased significantly, with Leon Cooperman buying FOA stock.
Demand Seasonality affecting Finance of America Cos., Inc.’s stock price
The demand for Finance of America's products and services is subject to seasonal trends, with peak seasons in spring and summer and slower periods in the fall and winter. Interest rate changes significantly influence loan demand, and mortgage rates can exhibit seasonality. Seasonality in the mortgage market can also vary by geographic region.
Overview of Finance of America Cos., Inc.’s business
Finance of America Companies Inc. (FOA) operates as a modern retirement solutions platform, offering home equity-based financing solutions within the financial services sector. The company originates, distributes, and manages loans, focusing on home equity and retirement solutions. Its products and services include reverse mortgages, commercial lending, home improvement loans, traditional mortgage products, and capital markets and portfolio management.
FOA’s Geographic footprint
Finance of America Companies Inc. is headquartered in Plano, Texas, and operates across the United States. Its subsidiary, Incenter, has a foreign branch in the Philippines for fulfillment transactional support.
FOA Corporate Image Assessment
Finance of America has maintained a positive brand reputation, particularly in the reverse mortgage sector. The company received industry recognition as a "Best Reverse Mortgage Lender" and was listed among the "Best Reverse Mortgage Companies". Positive customer feedback highlights professionalism and a straightforward loan process. FOA launched a new marketing strategy and partnered with Better.com to enhance its reputation for digital innovation.
Ownership
Finance of America Companies Inc. has a mixed ownership structure including institutional, individual, and insider holdings. Major institutional owners include Blackstone Group Inc, Cooperman Leon G, Jane Street Group, Llc, Beach Point Capital Management LP, Vanguard Group Inc, Susquehanna International Group, Llp, BlackRock, Inc., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Omega Advisors, Inc., and Bloom Retirement Holdings, Inc.. Significant individual owners include Blackstone Holdings III LP, Blackstone Tactical Opportunities Associates Nq LLC, and Stephen A. Schwarzman.
Ask Our Expert AI Analyst
Price Chart
$22.00
