FINANCE OF AMERICA COS INC-A (FOA)

Company Profile

Finance of America Cos. Inc. engages in the provision of mortgage loans, reverse mortgage loans, and business purpose loans to residential real estate investors. The company is headquartered in Plano, Texas and currently employs 2,312 full-time employees. The company went IPO on 2019-04-18. The firm's segments include Retirement Solutions, Portfolio Management, and Corporate and Other. Its Retirement Solutions segment helps older homeowners achieve their financial goals in retirement. This segment includes all loan origination activity for the Company, including reverse mortgage and home improvement loans. The company originates or acquires reverse mortgage loans through its Finance of America Reverse LLC (FAR) operating subsidiary. Additionally, the segment originates home improvement loans through its Finance of America Mortgage LLC (FAM) subsidiary. Its Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services to the enterprise and third-party funds.

Company Info

FINANCE OF AMERICA COS INC-A

5830 Granite Parkway, Suite 400

Plano TEXAS 10153

P: 18772022666

CEO: Gregorio Werthein

Employees: 2312

Website: https://www.financeofamerica.com/