HomeSafe Second Expands to 18 States
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 22 hours ago
0mins
HomeSafe Second, the only second-lien reverse mortgage currently in the market, expanded into Louisiana, Rhode Island, Missouri and Washington, D.C. to meet increased demand. With this expansion, HomeSafe Second will be available in 18 states and in the District of Columbia, reflecting broader adoption of second-lien reverse mortgages as a way for homeowners to access housing wealth without refinancing. While many companies continue to experiment with AI, Finance of America has embedded the technology into its core platform and tied it directly to customer engagement. Finance of America's proprietary technology platform integrates data, workflows, and systems across the business, replacing what were once fragmented manual processes. Built on top of the company's AI platform, Joy, the technology platform guides borrowers through the home equity journey creating a faster, more seamless customer experience.
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Analyst Views on FOA
Wall Street analysts forecast FOA stock price to rise
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 26.880
Low
29.50
Averages
29.50
High
29.50
Current: 26.880
Low
29.50
Averages
29.50
High
29.50
About FOA
Finance of America Companies Inc. is a financial services holding company. The Company is a provider of home equity-based financing solutions for a modern retirement. The Company offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. It 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. It uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications, and domain names.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
FOA Appoints New Executives to Expand Retirement Financing
- Executive Appointments: Finance of America Reverse LLC (FOA) has appointed Colm Murphy as Chief Brand Officer, Jordan Baucum as Senior Vice President of Communications, and Mike Urban as Chief Product Officer, aiming to accelerate growth and enhance customer trust through integrated brand, communications, and product strategies.
- Brand Strategy Enhancement: The addition of Murphy and Baucum will help FOA establish a stronger reputation as a trusted voice in retirement planning and financial wellness, ensuring Americans have access to clear and transparent information for informed financial decisions.
- Product Innovation Leadership: Urban's extensive experience will drive FOA's product strategy and execution, focusing on accelerating innovation and expanding the company's retirement solutions platform to meet the growing demand for retirement funding.
- Market Positioning Optimization: This executive transition occurs at a pivotal moment for retirement planning in the U.S., as FOA remains committed to providing innovative home equity solutions that empower individuals to retire with greater confidence, thereby solidifying its leadership position in a competitive market.
See More
Finance of America Q1 2026 Earnings Highlights
- Strong Financial Performance: Finance of America reported a net income of $35 million and adjusted net income of $26 million for Q1 2026, translating to an adjusted EPS of $1.10, which is a 112% year-over-year increase, indicating significant profitability improvements that bolster investor confidence.
- Loan Origination Growth: Overall originations increased by 6% year-over-year, with first-quarter submissions reaching a record high of $918 million, demonstrating the company's growing competitiveness in the market and expected to drive future revenue growth.
- New Product Launch: The company is rolling out a new second-lien reverse mortgage line of credit, with the first phase of the transaction expected to close in May, showcasing ongoing efforts in product innovation aimed at meeting diverse customer financing needs.
- Optimistic Outlook: The company maintains its funded volume outlook for 2026 between $2.8 billion and $3.1 billion, while raising its full-year adjusted EPS guidance to between $4.50 and $5.00, reflecting management's confidence in future performance and positive market demand.
See More
Finance of America Q1 Non-GAAP EPS Exceeds Expectations
- Earnings Beat: Finance of America Companies Inc. reported a Q1 Non-GAAP EPS of $1.10, surpassing market expectations by $0.26, indicating strong profitability despite revenue challenges.
- Revenue Decline: The company recorded Q1 revenue of $120 million, a 27.7% year-over-year decrease, reflecting market headwinds that could impact future cash flow and investment capacity.
- Future Guidance: Finance of America has set an adjusted EPS target of $4.25 to $4.75 for 2026, demonstrating confidence in future profitability, particularly in the $14 trillion senior home equity market.
- AI-Driven Growth: The company is advancing AI-driven origination growth strategies aimed at enhancing operational efficiency and market competitiveness, ensuring it remains a leader in the rapidly evolving financial landscape.
See More
Finance of America to Announce Q1 Earnings on May 5
- Earnings Announcement: Finance of America Companies Inc. is set to announce its Q1 2023 earnings on May 5 after market close, with a consensus EPS estimate of $0.84, reflecting a significant year-over-year growth of 61.5%, indicating strong profitability potential.
- Historical Performance: Over the past two years, Finance of America has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, showcasing the company's robust performance and reliability in meeting market expectations.
- Future Guidance: The company has outlined an adjusted EPS target of $4.25 to $4.75 for 2026, demonstrating confidence in future earnings growth, particularly within the $14 trillion senior home equity market.
- AI-Driven Growth Strategy: Finance of America is advancing an AI-driven origination growth strategy aimed at enhancing operational efficiency and competitive positioning, thereby capturing a larger share of the burgeoning senior home equity market.
See More
Finance of America Reports Strong Q4 2025 Earnings and Strategic Growth Plans
- Significant Financial Improvement: Finance of America reported a GAAP net income of $110 million or $5.04 per share for 2025, reflecting a 175% increase from the previous year, which enhances investor confidence in the company's profitability.
- Acquisition Strategy: The company announced the acquisition of PHH Mortgage's reverse mortgage servicing portfolio, expected to close in Q2, which will expand its servicing platform and strengthen its long-term partnership with Onity, facilitating responsible home equity access for homeowners aged 55 and older.
- Technology Investment and AI Integration: 2025 is characterized as a year of disciplined investment, with the embedding of AI across the customer journey and the launch of the AI-powered customer ambassador, Joy, which has improved conversion rates by over 5 times, significantly enhancing customer responsiveness and market competitiveness.
- Future Outlook and Growth Expectations: Management reiterated the 2026 adjusted EPS guidance of $4.25 to $4.75, with expected year-over-year growth of 15% to 25%, indicating strong confidence in future growth while planning to pay down $150 million in corporate debt by 2026.
See More
Finance of America Reports FY Non-GAAP EPS of $3.04
- Strong Financial Performance: Finance of America Companies Inc. reported a Non-GAAP EPS of $3.04, indicating robust financial management and an improvement in profitability, which is crucial for investor confidence.
- Significant Revenue Growth: The company achieved total revenue of $497.43 million, reflecting a year-over-year increase that demonstrates enhanced competitiveness and effective market opportunity capture.
- Massive Market Potential: As a levered company focused on the $14 trillion senior home equity market, Finance of America's strategic positioning in this rapidly growing sector suggests substantial future growth opportunities.
- Increased Investor Interest: With the improvement in financial performance, investor interest in Finance of America has significantly risen, potentially driving up its stock price and bolstering market confidence.
See More
FOA Appoints New Executives to Expand Retirement Financing
- Executive Appointments: Finance of America Reverse LLC (FOA) has appointed Colm Murphy as Chief Brand Officer, Jordan Baucum as Senior Vice President of Communications, and Mike Urban as Chief Product Officer, aiming to accelerate growth and enhance customer trust through integrated brand, communications, and product strategies.
- Brand Strategy Enhancement: The addition of Murphy and Baucum will help FOA establish a stronger reputation as a trusted voice in retirement planning and financial wellness, ensuring Americans have access to clear and transparent information for informed financial decisions.
- Product Innovation Leadership: Urban's extensive experience will drive FOA's product strategy and execution, focusing on accelerating innovation and expanding the company's retirement solutions platform to meet the growing demand for retirement funding.
- Market Positioning Optimization: This executive transition occurs at a pivotal moment for retirement planning in the U.S., as FOA remains committed to providing innovative home equity solutions that empower individuals to retire with greater confidence, thereby solidifying its leadership position in a competitive market.
See More
Finance of America Q1 2026 Earnings Highlights
- Strong Financial Performance: Finance of America reported a net income of $35 million and adjusted net income of $26 million for Q1 2026, translating to an adjusted EPS of $1.10, which is a 112% year-over-year increase, indicating significant profitability improvements that bolster investor confidence.
- Loan Origination Growth: Overall originations increased by 6% year-over-year, with first-quarter submissions reaching a record high of $918 million, demonstrating the company's growing competitiveness in the market and expected to drive future revenue growth.
- New Product Launch: The company is rolling out a new second-lien reverse mortgage line of credit, with the first phase of the transaction expected to close in May, showcasing ongoing efforts in product innovation aimed at meeting diverse customer financing needs.
- Optimistic Outlook: The company maintains its funded volume outlook for 2026 between $2.8 billion and $3.1 billion, while raising its full-year adjusted EPS guidance to between $4.50 and $5.00, reflecting management's confidence in future performance and positive market demand.
See More
Finance of America Q1 Non-GAAP EPS Exceeds Expectations
- Earnings Beat: Finance of America Companies Inc. reported a Q1 Non-GAAP EPS of $1.10, surpassing market expectations by $0.26, indicating strong profitability despite revenue challenges.
- Revenue Decline: The company recorded Q1 revenue of $120 million, a 27.7% year-over-year decrease, reflecting market headwinds that could impact future cash flow and investment capacity.
- Future Guidance: Finance of America has set an adjusted EPS target of $4.25 to $4.75 for 2026, demonstrating confidence in future profitability, particularly in the $14 trillion senior home equity market.
- AI-Driven Growth: The company is advancing AI-driven origination growth strategies aimed at enhancing operational efficiency and market competitiveness, ensuring it remains a leader in the rapidly evolving financial landscape.
See More
Finance of America to Announce Q1 Earnings on May 5
- Earnings Announcement: Finance of America Companies Inc. is set to announce its Q1 2023 earnings on May 5 after market close, with a consensus EPS estimate of $0.84, reflecting a significant year-over-year growth of 61.5%, indicating strong profitability potential.
- Historical Performance: Over the past two years, Finance of America has beaten EPS estimates 88% of the time and revenue estimates 75% of the time, showcasing the company's robust performance and reliability in meeting market expectations.
- Future Guidance: The company has outlined an adjusted EPS target of $4.25 to $4.75 for 2026, demonstrating confidence in future earnings growth, particularly within the $14 trillion senior home equity market.
- AI-Driven Growth Strategy: Finance of America is advancing an AI-driven origination growth strategy aimed at enhancing operational efficiency and competitive positioning, thereby capturing a larger share of the burgeoning senior home equity market.
See More
Finance of America Reports Strong Q4 2025 Earnings and Strategic Growth Plans
- Significant Financial Improvement: Finance of America reported a GAAP net income of $110 million or $5.04 per share for 2025, reflecting a 175% increase from the previous year, which enhances investor confidence in the company's profitability.
- Acquisition Strategy: The company announced the acquisition of PHH Mortgage's reverse mortgage servicing portfolio, expected to close in Q2, which will expand its servicing platform and strengthen its long-term partnership with Onity, facilitating responsible home equity access for homeowners aged 55 and older.
- Technology Investment and AI Integration: 2025 is characterized as a year of disciplined investment, with the embedding of AI across the customer journey and the launch of the AI-powered customer ambassador, Joy, which has improved conversion rates by over 5 times, significantly enhancing customer responsiveness and market competitiveness.
- Future Outlook and Growth Expectations: Management reiterated the 2026 adjusted EPS guidance of $4.25 to $4.75, with expected year-over-year growth of 15% to 25%, indicating strong confidence in future growth while planning to pay down $150 million in corporate debt by 2026.
See More
Finance of America Reports FY Non-GAAP EPS of $3.04
- Strong Financial Performance: Finance of America Companies Inc. reported a Non-GAAP EPS of $3.04, indicating robust financial management and an improvement in profitability, which is crucial for investor confidence.
- Significant Revenue Growth: The company achieved total revenue of $497.43 million, reflecting a year-over-year increase that demonstrates enhanced competitiveness and effective market opportunity capture.
- Massive Market Potential: As a levered company focused on the $14 trillion senior home equity market, Finance of America's strategic positioning in this rapidly growing sector suggests substantial future growth opportunities.
- Increased Investor Interest: With the improvement in financial performance, investor interest in Finance of America has significantly risen, potentially driving up its stock price and bolstering market confidence.
See More
