FOA News and Press, Finance of America Companies Inc. Class A From 11/08/21

Finance of America (NYSE:FOA): Q3 Non-GAAP EPS of $0.39; GAAP EPS of $0.22. Revenue of $456.5M (-24.8% Y/Y) Press Release For further details see: Finance of America reports Q3 results

– Delivered a strong quarter with meaningful growth across all segments – – Year to date revenue of $1.4 billion, up 7% compared to 2020 – – Net income for the quarter of $50 million or $0.36 per basic share and $0.22 per fully dilute...

My portfolio, built specifically for my retirement ~20+ years from now, rides the September downturn in the market back under $400k. Some massive risk-on portfolio restructuring including more Bitcoin as I prepare for the seasonal Santa Claus and Bitcoin run. Making monthly contri...

Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a diversified, vertically integrated consumer lending platform, today announced that it will release results for the third quarter ended September 30, 2021 after market closing on Monday, November 8,...

Effective today, FAM is offering conforming loan pricing on loans up to $625,000 for one-unit conventional borrowers Finance of America Mortgage LLC (“FAM”), one of the nation’s largest home mortgage lenders, today announced an interim increase in estima...

Leon Cooperman’s 13F portfolio value increased from $1.60B to $1.78B this quarter. Omega Advisors added Lithia Motors and increased WillScot Mobile Mini & Finance of America. They also reduced Ferro Corp and dropped Magnolia Oil & Gas during the quarter. Alphabet, M...

Homeowners with in-law suites or ‘granny flats’ can refinance, potentially reduce their monthly payments and generate a stream of rental income Amid a dwindling supply of affordable housing in many areas of the country, Finance of America Mortgage LLC (“...

My portfolio, built specifically for my retirement ~20+ years from now, rides the September downturn in the market back under $400k. Making monthly contributions, even though they seem small at the time, makes all the difference in the world over time in helping create a valuable reti...

Finance of America has diverse business lines to counter cyclical trends. The company is targeting multiple fragmented and growing markets. Management has incentives to grow the business. For further details see: Finance of America: Why There Is A Lot To Like About This ...

An exaggerated rout in mortgage originations caused an overdone selloff in the stock. The diversified nature of the business creates some protection from cyclicality as the housing market roils. The drop in forward guidance numbers does not accurately reflect why the stock has bee...