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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 Jul 15, 2024 8:48pm
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Post# 36133922

Finance of America Announces Expected Effective Date of July

Finance of America Announces Expected Effective Date of July
BREAKING NEWS: $FOA Finance of America Announces Expected Effective Date of July 25, 2024 for Reverse Stock SplitFinance of America Companies Inc. (&#x201C;Finance of America&#x201D; or the &#x201C;Company&#x201D;) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that it expects its intended 1-for-10 reverse stock split of its outstanding shar...FOA - Finance of America Announces Expected Effective Date of July 25, 2024 for Reverse Stock Split

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