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Finance of America Companies ( (FOA) ) has shared an announcement.
On April 30, 2026, Finance of America Reverse amended its agreements with Onity Mortgage Corporation to expand a previously announced transaction for OMC’s reverse mortgage servicing portfolio and originations assets. FAR agreed to purchase mortgage servicing rights on about 20,000 government-backed home equity conversion mortgage loans with an unpaid principal balance of $5.1 billion as of March 31, 2026, as well as OMC’s pipeline of reverse mortgage loans at closing.
FAR also plans to assume certain of OMC’s U.S.-based reverse originations employees in May and July 2026, while OMC will exit new reverse originations upon closing except for limited recapture activities. OMC will remain subservicer of the transferred HECM servicing rights under a three-year agreement with renewal options, and the deal, which may be terminated if not closed by August 1, 2026, is subject to customary conditions including consent from Ginnie Mae to the MSR transfer.
The most recent analyst rating on (FOA) stock is a Buy with a $22.50 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.
The score is held back primarily by high leverage and negative recent cash flow, despite improving profitability. Offsetting this, management’s 2026 growth and adjusted EPS guidance is constructive and the stock’s trend is strong, though overbought technical readings and limited valuation support temper the outlook.
To see Spark’s full report on FOA stock, click here.
More about Finance of America Companies
Finance of America Companies, through its indirect subsidiary Finance of America Reverse LLC, operates in the mortgage finance industry with a focus on reverse mortgages and related servicing. The company’s activities include acquiring and managing mortgage servicing rights for home equity conversion mortgages and originating reverse mortgage loans in the U.S. market.
Average Trading Volume: 87,647
Technical Sentiment Signal: Sell
Current Market Cap: $342.1M
Learn more about FOA stock on TipRanks’ Stock Analysis page.