In beating its estimates for funded loan volume — and by posting a profit — in the first quarter of 2025, reverse mortgage lender Finance of America (FOA) saw its volume improve by nearly one-third compared to numbers from Q4 2024. The company is maintaining a bullish outlook for business in the months ahead.

The company earned $13 million in adjusted net income in Q1 2025, which marked an improvement of $20 million from the same period last year.

the company also viewed the first quarter of the year as a “strategic turning details ⇒

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