FOA Finance of America Companies Inc.
Price Chart
Executive Summary
Finance of America Reverse LLC (a subsidiary of FOA) amended its agreement with Onity Mortgage Corporation to acquire mortgage servicing rights on approximately 20,000 HECM loans with an unpaid principal balance of $5.1 billion. The purchase price is based on estimated book value plus adjustments, with OMC continuing as subservicer under a three-year agreement. The transaction is subject to Ginnie Mae consent and expected to close by August 1, 2026.
Actionable Insight
Monitor for Ginnie Mae consent and closing by August 1. The acquisition significantly expands FOA's reverse mortgage servicing scale, potentially boosting future servicing fee income. Watch for any delays or regulatory hurdles.
Key Facts
- Purchase of MSRs on ~20,000 HECM loans with $5.1 billion UPB
- Purchase price based on estimated book value of assets (undisclosed amount)
- OMC to subservice MSRs for three years with auto-renewal
- Transaction subject to Ginnie Mae consent, closing by August 1, 2026
Financial Impact
UPB of $5.1 billion; purchase price undisclosed but based on book value
Risk Factors
- Failure to obtain Ginnie Mae consent could block the transaction
- Post-closing adjustments could affect final purchase price
- Integration risks including employee assumption and servicing transition
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-030481 |
| Document: 0001628280-26-030481-index-headers.html | 0001628280-26-030481 |
| Document: 0001628280-26-030481-index.html | 0001628280-26-030481 |
| Document: 0001628280-26-030481.txt | 0001628280-26-030481 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 11, 2026
1d ago
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Institutional Cluster
| $20.09 awaiting T+20 | awaiting T+20 | — | $20.24 (+0.75%) |
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May 5, 2026
5w ago
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8-K
| $21.01 $19.09 | ▼ −9.14% | ▼ −11.92% | $20.24 (−3.66%) |
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May 5, 2026
5w ago
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8-K
| $21.01 $19.09 | ▼ −9.14% | ▼ −11.92% | $20.24 (−3.66%) |
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Apr 1, 2026
10w ago
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Insider Cluster
| $17.20 $19.36 | ▲ +12.56% | ▲ +2.84% | $20.24 (+17.67%) |
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Mar 13, 2026
13w ago
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Insider Cluster
| $16.30 $20.04 | ▲ +22.94% | ▲ +19.36% | $20.24 (+24.17%) |
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Feb 27, 2026
15w ago
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Insider Cluster
| $19.35 $16.35 | ▲ +15.50% | ▲ +7.95% | $20.24 (−4.60%) |
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Feb 26, 2026
15w ago
|
EFFECT
| $19.76 $16.70 | ▼ −15.49% | ▼ −9.08% | $20.24 (+2.43%) |
US Market Status
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