Finance of America Companies Inc. (FOA) grew its reverse mortgage and home equity funding volume 21% year over year in the second quarter of 2026, even as non-cash fair value marks in its portfolio business drove a net loss of $29 million from April through June.
The Texas-based lender on Tuesday reported $730 million in funded volume for the quarter ending June 30, up from $602 million during the same period in 2025, according to the company’s earnings release. First-half 2026 volume reached $1.33 billion, up 14% from $1.16 billion in H1 2025.
FOA reported $0.10 in basic details ⇒
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