Funds managed by Blue Owl Capital have committed $2.5 billion to expand Finance of America Companies’ (FOA) home equity offerings and are also investing $50 million in equity in the reverse mortgage lender, the companies announced on Friday. 

It’s the latest in a string of Blue Owl moves in the home equity space, including a separate $2.5 billion commitment this week to home equity investment (HEI) firm Point. FoA, meanwhile, closed a partnership with Better Home & Finance Holding Co. in the home equity space and acquired $9.6 billion in details ⇒

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