Finance of America Cos., Inc. Class A (FOA)

Over the past six months, Finance of America's stock has experienced fluctuations, including an 8.09% decline over 10 days as of February 5, 2026. In August 2025, the company agreed to repurchase Blackstone's equity stake. In Q3 2025, Finance of America reported an adjusted net income of $33 million but a GAAP net loss of $29 million. The company completed sizable securitizations and partnered with Better.com. By the end of October 2025, the company had funded $1.97 billion in reverse mortgages. In November 2025, Finance of America announced its intent to acquire reverse mortgage assets from Onity Group subsidiary PHH Mortgage. In December 2025, Finance of America announced a $2.5 billion strategic partnership with funds managed by Blue Owl. Insider selling was reported in late 2025 and early 2026.

The volume of reverse mortgage loan originations for Finance of America Companies Inc. is influenced by consumer demand, the residential real estate market, and the national economy. The company's business is subject to seasonal trends, with activity generally decreasing during the winter months. The lowest revenue and net income levels have typically been observed in the first quarter. The aging U.S. population presents a significant long-term growth driver for the reverse mortgage market.

Finance of America Companies Inc. (FOA) operates a vertically integrated lending and services platform, connecting borrowers with investors and focusing on originating, securitizing, and servicing reverse mortgage loans. The company operates through Retirement Solutions and Portfolio Management segments, with a strategic focus on the reverse mortgage market, holding an estimated 40% market share. FOA also offers complementary lending services such as lender services, title services, secondary markets advisory, mortgage trade brokerage, appraisal, and capital management services.

Finance of America Companies Inc. is headquartered in Plano, Texas, primarily serving the United States market. Its subsidiary, Incenter, operates a foreign branch in the Philippines for fulfillment transactional support.

Finance of America has maintained a positive brand reputation, particularly in the reverse mortgage sector, being recognized as a "Best Reverse Mortgage Lender" by Bankrate and holding an A+ rating from the Better Business Bureau®. Customer testimonials highlight positive experiences, and the company has launched a brand campaign, "A Better Way with FOA," to mainstream reverse mortgages.

Finance of America Companies Inc. has significant institutional ownership, with 145 institutional owners holding 7,183,265 shares as of February 3, 2026. Major institutional owners include Blackstone Group Inc., Omega Advisors, Inc., The Vanguard Group, Inc., and BlackRock, Inc. As of November 2025, institutional investors held 65.38% of the company's ownership, while insiders held 27.42%, and retail investors held 7.20%. Key individual owners include Brian Libman, Graham Fleming, and Kristen Sieffert.