F

Finance of America Companies
D

FOA

24.130
USD
2.40
(11.04%)
Post Trading·23.450USD-0.680(-2.82%)
Volume
5,737
EPS
4
Div Yield
-
P/E
11
Market Cap
214,558,555
Overview

Title: Finance of America Companies

Sector: Financial Services
Industry: Credit Services
Finance of America Companies Inc provides home equity-based financing solutions for modern retirement and offers capital markets and portfolio management capabilities to optimize loan distribution to investors. The Company operates throughtwo segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment handles loan origination, including HECM and non-agency reverse mortgage loans, generating revenue from origination fees and initial gains, with loans transferred to the Portfolio Management segment. The Portfolio Management segment, which generates the majority of revenue, provides securitization, loan sales, risk management, and asset management services, and earns revenue from net interest income, fair value changes, and servicing-related income.
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