Despite a drop in overall profitability in the fourth quarter of 2024, FOA, one of the nation’s leading reverse mortgage lenders, remains optimistic about the total addressable market for home equity-based retirement products and will continue to develop its offerings in 2025.

This was some of the perspective shared this week by Kristen Sieffert, president of Finance of America (FOA) when the company presented its earnings results for the fourth quarter and full year.

Sieffert called 2024 a “significant period of strategic alignment” for the company, citing the unification details ⇒

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