Finance of America Companies Inc. Logo

Finance of America Companies Inc.

Offers reverse mortgages to homeowners 55+ to convert home equity into retirement funds.

FOA | US

Overview

Corporate Details

ISIN(s):
US31738L1070
LEI:
Country:
United States of America
Address:
5830 GRANITE PARKWAY, 75024 PLANO
Sector:
Financial and insurance activities
Industry:
Other financial service activities, except insurance and pension funding activities

Description

Finance of America Companies Inc. is a financial services firm specializing in home equity-based financing solutions for retirement. The company's primary focus is providing a range of reverse mortgage products that enable homeowners, typically aged 55 or older, to convert their home equity into funds without incurring monthly mortgage payments. Its offerings include both government-insured Home Equity Conversion Mortgages (HECMs) and proprietary non-agency loans. The firm's business model also encompasses activities such as product development, loan securitization, and risk management to support its lending platform.

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Insider Transactions

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