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Finance of America Companies Inc FOA

Alternate Symbol(s):  FOACW

Finance of America Companies Inc. offers retirement solutions platform that provides customers with access to a range of retirement offerings centered on the home. In addition, it offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. It has two segments: Retirement Solutions and Portfolio Management. Retirement Solutions segment includes all loan origination activity for the Company, including the origination of home equity conversion mortgages, proprietary reverse mortgage loans, and hybrid mortgage loans through both the retail and wholesale/ third-party originator channels. Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for the Company. It uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications and domain names.


NYSE:FOA - Post by User

Finance of America Companies Inc
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Post by whytestockson May 06, 2024 4:30pm
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Post# 36025718

Finance of America Reports First Quarter 2024 Results

Finance of America Reports First Quarter 2024 Results
News; $FOA Finance of America Reports First Quarter 2024 Results– Net loss from continuing operations of $16 million or $0.06 basic loss per share for the quarter – – Third consecutive quarter of improved operating results on an adjusted net basis – – Adjusted EBITDA for the quarter was near break-even at a l...FOA - Finance of America Reports First Quarter 2024 Results

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