Finance of America Cos. Inc. engages in the provision of mortgage loans, reverse mortgage loans, and business purpose loans to residential real estate investors. The company is headquartered in Plano, Texas and currently employs 745 full-time employees. The company went IPO on 2019-04-18. The firm is a provider of home equity-based financing solutions for a modern retirement. The firm offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. The company has two segments: Retirement Solutions and Portfolio Management. Retirement Solutions segment conducts all of the Company’s loan origination activity, including the origination of home equity conversion mortgages and non-agency reverse mortgage loans through both the retail and third-party originator channels. Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for the Company. The company uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications, and domain names.
Follow-Up Questions
What is Finance of America Companies Inc (FOA)'s P/E Ratio?
The P/E ratio of Finance of America Companies Inc is 17.6118
What is the price performance of FOA stock?
The current price of FOA is $25.53, it has increased 0.01% in the last trading day.
What are the primary business themes or industries for Finance of America Companies Inc?
Finance of America Companies Inc belongs to Financial Services industry and the sector is Financials
What is Finance of America Companies Inc market cap?
Finance of America Companies Inc's current market cap is $282.9M
Is Finance of America Companies Inc a buy, sell, or hold?
According to wall street analysts, 2 analysts have made analyst ratings for Finance of America Companies Inc, including 0 strong buy, 0 buy, 3 hold, 4 sell, and 0 strong sell
