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Recent Updates — FOA

July 1, 2026View Source ↗

Finance of America Reverse LLC closed a purchase of a reverse mortgage servicing portfolio and certain reverse originations assets from Onity Mortgage Corporation. The transaction included mortgage servicing rights for approximately 20,000 HECM loans with an unpaid principal balance of $5.2 billion, along with OMC's reverse mortgage loan pipeline and a three-year subservicing arrangement. Finance of America Companies Inc. operates in the mortgage and financial services industry.

June 30, 2026View Source ↗

On June 26, 2026, stockholders of Finance of America Companies Inc. approved via written consent to amend and restate its Amended and Restated Certificate of Incorporation. The changes include reclassifying Class B Common Stock to align with LLC Units in an Up-C structure, providing one vote per share of Class B, and allowing for executive officer exculpation. Finance of America Companies Inc. is a financial services company providing mortgage and real estate related services.