Tagged: Finance of America

Finance Of America Posts 4th Straight Quarterly Loss

Expects to complete closing of its forward retail mortgage division by the end of 2022.

Analysis and Data
Nov 09, 2022
Oct 24, 2022
the interest
Oct 20, 2022
the interest
Oct 11, 2022
The Interest
FOA, Guaranteed Rate Back Out Of Deal

What’s next for Finance of America?

Oct 11, 2022
NMP's The Principal
Finance Of America Closing Its Forward Wholesale Channel

Also mutually agrees to end negotiations with Guaranteed Rate over sale of retail mortgage divison.

Wholesale
Oct 10, 2022
Sep 29, 2022
The Interest
Finance of America Plans To Sell Retail Unit, Close Forward Wholesale Channel

Company has posted 3 straight quarterly losses, reduced its workforce by 20% in 2022.

Wholesale
Sep 29, 2022
May 11, 2022
Rocket Reports Q1 Profit, Looks for Possible Acquisition
Finance of America Reports $64M Loss

Company attributed it to widening credit spread

Industry News
May 10, 2022