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FOA News and Press, Finance of America Companies Inc. Class A From 02/02/23

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Company Name: Finance of America Companies Inc. Class A
Stock Symbol: FOA
Market: NYSE
Website: financeofamerica.com

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FOA - Finance of America Issues Statement on the Proposed Sale of Incenter's Title Insurance Business

Finance of America Companies Inc. (NYSE: FOA ) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for th...

FOA - FAR Launches HomeSafe Second: The Only Second-Lien Reverse Mortgage Product Empowering Older Americans to Tap Home Equity Without Making Monthly Payments

Innovative reverse mortgage product provides flexible financing solution, gives homeowners access to cash while preserving their low-interest-rate first mortgage Millions of older Americans have, in recent years, secured or refinanced their mortgages into record-low interest rates compa...

FOA - Rocket Companies: In 2023, Mortgage Stocks May Be A Contrarian Buy

Summary Mortgage Origination is a cyclical business, dependent on stable interest rates. In 2022, the Federal Reserve hiked rates at a pace never seen before. Many mortgage companies are hovering near 52-week lows. Companies making NonQM mortgages during 2022 lost millions due t...

FOA - Voxtur Announces Changes to Board of Directors

TORONTO and TAMPA, Fla., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce the appointment of Nichola...

FOA - Finance of America surges after deal to acquire assets of American Advisors

Finance of America Cos. ( NYSE: FOA ) jumped 19% after the company agreed to acquire all the assets of reverse mortgage lender American Advisors Group. The deal for American Advisors consists of cash and equity, according to a statement on Wednesday. The purchase is expected t...

FOA - Finance of America to Acquire Assets of Reverse Mortgage Lender AAG

Strategic acquisition marks expansion into direct-to-consumer retail channel, underscores commitment to expanding access to home equity solutions for America’s retirees Finance of America Companies Inc. (NYSE: FOA ) (“FOA” or the “Company”), a lead...

FOA - Finance Of America Companies Inc. 2022 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Finance Of America Companies Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Finance Of America Companies Inc. 2022 Q3 - Results - Earnings Call Presentation

FOA - Finance of America Companies, Inc. (FOA) Q3 2022 Earnings Call Transcript

Finance of America Companies, Inc. (FOA) Q3 2022 Earnings Conference Call November 09, 2022, 08:00 AM ET Company Participants Michael Fant - Senior Vice President, Finance Graham Fleming - President and Interim Chief Executive Officer Johan Gericke - Chief Financ...

FOA - Finance of America Non-GAAP EPS of -$0.10, revenue of $71.1M

Finance of America press release ( NYSE: FOA ): Q3 Non-GAAP EPS of -$0.10. Revenue of $71.1M (-84.4% Y/Y). For further details see: Finance of America Non-GAAP EPS of -$0.10, revenue of $71.1M

FOA - Finance of America Reports Third Quarter 2022 Results

– Net loss for the quarter of $302 million or $1.35 per basic share and diluted loss per share entirely attributable to balance sheet adjustments and Mortgage Originations segment which will be discontinued – – Adjusted net income* in SF&S for the quar...

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