tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Finance of America Acquires Reverse Mortgage Assets

Story Highlights
  • Finance of America Reverse LLC will acquire reverse mortgage assets from PHH Mortgage Corporation.
  • The acquisition aims to expand Finance of America’s servicing platform and distribution channel for its HomeSafe Second product.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Finance of America Acquires Reverse Mortgage Assets

TipRanks Black Friday Sale

The latest announcement is out from Finance of America Companies ( (FOA) ).

On November 17, 2025, Finance of America Reverse LLC entered into an agreement to acquire reverse mortgage assets from PHH Mortgage Corporation, a subsidiary of Onity Group Inc. This strategic acquisition, expected to close in the first quarter of 2026, aims to enhance Finance of America’s market leadership and expand its servicing platform. The transaction will also facilitate a new distribution channel for Finance of America’s HomeSafe Second product, broadening its reach to PHH’s forward mortgage customers and supporting the company’s growth strategy.

The most recent analyst rating on (FOA) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Finance of America Companies stock, see the FOA Stock Forecast page.

Spark’s Take on FOA Stock

According to Spark, TipRanks’ AI Analyst, FOA is a Neutral.

Finance of America Companies’ overall stock score is primarily impacted by its financial performance challenges, including declining revenues and negative profitability. While the earnings call provided some positive insights with improved adjusted net income and strategic partnerships, the technical analysis and valuation remain weak. The company’s ability to address these financial issues and capitalize on strategic initiatives will be crucial for future performance.

To see Spark’s full report on FOA stock, click here.

More about Finance of America Companies

Finance of America Reverse LLC, operating under the brand Finance of America, is a leading provider of home equity-based retirement solutions. It is a subsidiary of Finance of America Companies Inc., which offers a range of retirement offerings centered on the home, as well as capital markets and portfolio management capabilities.

Average Trading Volume: 125,484

Technical Sentiment Signal: Buy

Current Market Cap: $447.4M

Learn more about FOA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1