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Finance of America

Finance, Financial Services, Fintech

Finance of America (NYSE: FOA) is a specialty finance consumer lending platform that provides pathways to achieve greater financial freedom through home equity. Through FOA’s subsidiaries, customers have access to a diverse range of flexible, end-to-end home financing and home equity solutions including home improvement loans and reverse mortgages as well as loans to residential real estate invest

Key facts

Employees
790
Industries
Finance, Financial Services, Fintech
Status
Public (FOA)
Website
financeofamerica.com
LinkedIn
Company page

Recent activity at Finance of America

  • : SEC 8-K (1.01): Finance of America Companies Inc. has entered into a Material Definitive Agreement with the effective date of July 31, 2026, regarding the Third Amended and Restated Limited Liability Company Agreement (A&R LLCA) of its subsidiary Finance of America Equity Capital LLC (FOAEC). Key updates include clarification of transfer restrictions on FOAEC's Class A Units related to the Company's Class B Common Stock and provisions for majority approval for actions by FOAEC's Board of Managers. This agreement is significant as it modifies governance structures and rights within the subsidiary, thereby impacting the overall corporate control dynamics. The agreement's details underline a strategic move towards enhancing operational flexibility and compliance with regulations.
  • : SEC 8-K (8.01): On June 30, 2026, Finance of America Reverse LLC, an indirect subsidiary of Finance of America Companies Inc., completed the acquisition of Onity Mortgage Corporation's reverse mortgage servicing portfolio and certain reverse origination assets. This purchase encompasses mortgage servicing rights related to approximately 20,000 Home Equity Conversion Mortgage (HECM) loans, amounting to an unpaid principal balance of $5.2 billion. Additionally, a three-year subservicing arrangement was established between the two parties, further enhancing the operational capabilities following the acquisition. The acquisition is part of a strategic move to strengthen FAR's position in the reverse mortgage market by integrating significant servicing rights and assets.
  • : SEC 8-K (1.01): On April 30, 2026, Finance of America Reverse LLC (a subsidiary of Finance of America Companies Inc.) entered into an amendment to agreements with Onity Mortgage Corporation for the sale of OMC's reverse mortgage servicing portfolio and certain assets. This Amendment modifies previous agreements dated November 17, 2025, detailing the purchase of mortgage servicing rights for approximately 20,000 HECM loans valued at $5.1 billion. FAR will also acquire OMC’s pipeline of reverse mortgage loans and expects to hire certain OMC employees. The transaction is subject to customary closing conditions, including governmental consent and has a termination deadline of August 1, 2026, if not consummated.
  • : SEC 8-K (5.02): On April 2, 2026, Tai A. Thornock announced his retirement from his position as Chief Accounting Officer and principal accounting officer of Finance of America Companies Inc., effective May 15, 2026. In light of this transition, Matthew A. Engel, who currently serves as the Chief Financial Officer, will assume Mr. Thornock's responsibilities as the principal accounting officer in addition to his current role. Mr. Thornock's retirement was amicable and not attributed to any disagreements with the Company's management or Board of Directors, and he may continue as a consultant post-retirement to aid in the transition. This change is significant for the Company's financial management structure.
  • : SEC 8-K (1.01): On December 15, 2025, Finance of America Companies Inc. entered into a material definitive agreement for the issuance and sale of 50,000 shares of its Series A Convertible Perpetual Preferred Stock to investment funds managed by Blue Owl Alternative Credit Advisors LLC for an aggregate purchase price of $50 million. This transaction was executed under the terms of an Investment Agreement dated December 11, 2025, and included the establishment of a Registration Rights Agreement on the same closing date. Additionally, Finance of America Equity Capital LLC, a subsidiary, amended its limited liability company agreement to create Series A Convertible Perpetual Preferred Units that mirror the Preferred Stock's terms. This strategic financing move allows the Company to raise significant capital and strengthen its equity position.
  • : SEC 8-K (1.01):
  • : Finance of America and Blue Owl Capital Expand Partnership with $2.5 Billion Investment to Enhance Home Equity Lending Solutions.
  • : SEC 8-K (1.01): On November 17, 2025, Finance of America Reverse LLC ('FAR'), an indirect subsidiary of Finance of America Companies Inc., entered into a Material Definitive Agreement with PHH Mortgage Corporation to acquire certain assets and liabilities related to PHH's residential reverse mortgage business. FAR will purchase residential reverse mortgage loans and servicing rights in a transaction known as the PHH Transaction. To complete this agreement, FAR will pay an amount equal to the estimated book value of the purchased assets, with a subservicing arrangement for three years where PHH will serve as FAR's subservicer. The transaction is contingent on regulatory consent and must be completed by May 1, 2026, unless extended under specific conditions. Significant financial implications include potential adjustments based on customary holdbacks.
  • : SEC 8-K (1.01): On October 21, 2025, Finance of America Funding LLC, a subsidiary of Finance of America Companies Inc., executed the consent transactions outlined in the Consent Support Agreement by entering into Supplemental Indentures. The Guarantors involved in this transaction include Finance of America Equity Capital LLC, Finance of America Holdings LLC, Incenter LLC, Finance of America Mortgage LLC, Finance of America Reverse LLC, and MM Risk Retention LLC. This agreement is significant as it modifies existing financial obligations and agreements among the companies, which may impact their overall capital structure and financial stability. The strategic implications of these transactions could include improved compliance with financial covenants or modified terms that enhance liquidity for ongoing operations.
  • : SEC 8-K (1.01): On October 21, 2025, Finance of America Funding LLC, a subsidiary of Finance of America Companies Inc., entered into material definitive agreements in the form of Supplemental Indentures related to its 7.875% Senior Secured Notes due 2026 and 10.000% Exchangeable Senior Secured Notes due 2029. This agreement involved key parties including several subsidiaries of Finance of America and U.S. Bank Trust Company as the trustee. Notably, the agreements enable FOA Funding and its subsidiaries to repurchase up to $45 million worth of equity interests, under conditions specified in a related Repurchase Agreement dated August 4, 2025. This financing maneuver is significant as it allows for strategic capital restructuring and potentially enhances shareholder value.

Leadership

  • John Barnes, Director of Traditional Media
  • Kristen Sieffert, President
  • Benjamin Brasier, Account Executive
  • Kyle Urfer, Mortgage Loan Originator Sponsored by Finance
  • Ellis Luboff, Senior Cloud Resiliency Engineer at Finance
  • Steven Russell, Senior Recruiter
  • Karime Benaissa, Chief Customer Officer

Verified email and direct lines for Finance of America’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.

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About Finance of America: questions and answers

What does Finance of America do?

Finance of America (NYSE: FOA) is a specialty finance consumer lending platform that provides pathways to achieve greater financial freedom through home equity. Through FOA’s subsidiaries, customers have access to a diverse range of flexible, end-to-end home financing and home equity solutions including home improvement loans and reverse mortgages as well as loans to residential real estate invest

How many employees does Finance of America have?

Finance of America has about 790 employees.

Who leads Finance of America?

Kristen Sieffert is a President at Finance of America.

What is the latest news on Finance of America?

On Aug 03, 2026, SEC 8-K (1.01): Finance of America Companies Inc. has entered into a Material Definitive Agreement with the effective date of July 31, 2026, regarding the Third Amended and Restated Limited Liability Company Agreement (A&R LLCA) of its subsidiary Finance of America Equity Capital LLC (FOAEC). Key up

Is Finance of America a public company?

Yes. Finance of America is publicly traded under the ticker FOA.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

Fundz watches Finance of America across 18 signal types, from funding and M&A to exec moves and hiring.

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