The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop. 

As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to stronger demand for home equity products among seniors, as well as internal investments in artificial intelligence (AI).

HousingWire‘s Reverse Mortgage Daily reviewed the Q2 2025 earnings results from Finance of America (FOA); Ellington Financial, the parent company of Longbridge Financial; and Onity Group, the parent of PHH Mortgage Corp. details ⇒

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