Finance of America Companies Inc. filing amends a beneficial ownership disclosure for Leon G. Cooperman. As of the filing, Mr. Cooperman is reported as the beneficial owner of 1,286,068 shares of Class A common stock, representing 15.0% of the class based on 8,551,931 Shares outstanding. The filing states that Convertible Notes held by Capital LP are convertible into 789,473 Shares at a conversion price of $19.00 per Share, but conversion is restricted by a 9.99% blocker that currently prevents conversion.
Finance of America Companies Inc. filing amends a beneficial ownership disclosure for Leon G. Cooperman. As of the filing, Mr. Cooperman is reported as the beneficial owner of 1,286,068 shares of Class A common stock, representing 15.0% of the class based on 8,551,931 Shares outstanding. The filing states that Convertible Notes held by Capital LP are convertible into 789,473 Shares at a conversion price of $19.00 per Share, but conversion is restricted by a 9.99% blocker that currently prevents conversion.
Finance of America Companies Inc. reported lower results for the quarter ended March 31, 2026. Total revenues were $120.1 million, down from $165.7 million a year earlier, as net fair value gains on loans and related obligations and portfolio interest income declined.
Net income was $35.2 million versus $75.0 million, with net income attributable to controlling interest at $17.5 million. Basic earnings per share were $1.93 compared with $2.97, and diluted earnings per share were $0.88 compared with $2.43.
Total assets rose to $31.3 billion from $30.7 billion, and total equity increased to $438.1 million. Cash and cash equivalents plus restricted cash improved to $376.6 million from $251.9 million, while the company continued to rely heavily on HMBS-related obligations and nonrecourse securitization debt to fund its large reverse mortgage portfolio.
Finance of America Companies Inc. reported lower results for the quarter ended March 31, 2026. Total revenues were $120.1 million, down from $165.7 million a year earlier, as net fair value gains on loans and related obligations and portfolio interest income declined.
Net income was $35.2 million versus $75.0 million, with net income attributable to controlling interest at $17.5 million. Basic earnings per share were $1.93 compared with $2.97, and diluted earnings per share were $0.88 compared with $2.43.
Total assets rose to $31.3 billion from $30.7 billion, and total equity increased to $438.1 million. Cash and cash equivalents plus restricted cash improved to $376.6 million from $251.9 million, while the company continued to rely heavily on HMBS-related obligations and nonrecourse securitization debt to fund its large reverse mortgage portfolio.
Finance of America Companies Inc. Chief Investment Officer Jeremy Prahm reported an open-market sale of 5,228 shares of Class A Common Stock at a weighted average price of $21.3868 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
After this sale, Prahm directly holds 226,968 shares. The filing notes that the sale price reflects multiple trades within a range of $20.68 to $21.89 per share, indicating a routine, programmatic disposition rather than a discretionary block trade.
Finance of America Companies Inc. Chief Investment Officer Jeremy Prahm reported an open-market sale of 5,228 shares of Class A Common Stock at a weighted average price of $21.3868 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
After this sale, Prahm directly holds 226,968 shares. The filing notes that the sale price reflects multiple trades within a range of $20.68 to $21.89 per share, indicating a routine, programmatic disposition rather than a discretionary block trade.
Finance of America Companies Inc. (FOA) received an amended Schedule 13D from Bloom Retirement Holdings Inc. and Reza Jahangiri. They report beneficial ownership of 1,576,243 shares of Class A common stock, representing 9.49% of the class, with shared voting and dispositive power.
On May 6, 2025, Bloom Retirement Holdings Inc. entered into a Rule 10b5-1 trading plan with Goldman Sachs & Co. LLC. The plan permits the broker to make periodic sales of up to an aggregate 650,000 shares of FOA Class A common stock beginning on June 8, 2026, providing a pre-arranged framework for potential future share sales.
Finance of America Companies Inc. (FOA) received an amended Schedule 13D from Bloom Retirement Holdings Inc. and Reza Jahangiri. They report beneficial ownership of 1,576,243 shares of Class A common stock, representing 9.49% of the class, with shared voting and dispositive power.
On May 6, 2025, Bloom Retirement Holdings Inc. entered into a Rule 10b5-1 trading plan with Goldman Sachs & Co. LLC. The plan permits the broker to make periodic sales of up to an aggregate 650,000 shares of FOA Class A common stock beginning on June 8, 2026, providing a pre-arranged framework for potential future share sales.
Finance of America Companies Inc. President Kristen N. Sieffert sold 750 shares of Class A common stock in an open-market sale at $19.54 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024. After this sale, she directly owns 127,762 shares.
Finance of America Companies Inc. President Kristen N. Sieffert sold 750 shares of Class A common stock in an open-market sale at $19.54 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024. After this sale, she directly owns 127,762 shares.
Finance of America Companies Inc. reported first quarter 2026 results with $35 million of net income from continuing operations, equal to $1.93 in basic earnings per share and $0.88 diluted. Adjusted net income was $26 million, or $1.10 per share, exceeding consensus estimates, and adjusted EBITDA reached $44 million.
Funded volume rose 6% year over year to $596 million, supporting higher origination gains and operating leverage. Total equity increased to $438 million and tangible equity to $268 million, or $14.82 per share, helped by strong profitability and prior balance sheet actions, including completion of the repurchase of Blackstone’s equity interest.
Finance of America Companies Inc. reported first quarter 2026 results with $35 million of net income from continuing operations, equal to $1.93 in basic earnings per share and $0.88 diluted. Adjusted net income was $26 million, or $1.10 per share, exceeding consensus estimates, and adjusted EBITDA reached $44 million.
Funded volume rose 6% year over year to $596 million, supporting higher origination gains and operating leverage. Total equity increased to $438 million and tangible equity to $268 million, or $14.82 per share, helped by strong profitability and prior balance sheet actions, including completion of the repurchase of Blackstone’s equity interest.
Finance of America Companies Inc., through its indirect subsidiary Finance of America Reverse LLC (FAR), agreed to amend its deal with Onity Mortgage Corporation to buy mortgage servicing rights on about 20,000 home equity conversion mortgage (HECM) loans with an unpaid principal balance of $5.1 billion as of March 31, 2026.
FAR will also acquire Onity’s reverse mortgage loan pipeline and expects to assume certain U.S.-based reverse originations employees in May and July 2026. The price at closing will equal the estimated book value of the purchased assets, including the HECM MSRs, with adjustments, holdbacks and post-closing price changes.
Onity will subservice the transferred HECM MSRs for three years under a subservicing agreement that renews automatically for one year unless FAR gives 180 days’ notice. Onity plans to discontinue its reverse originations business at closing, and the transaction depends on customary conditions, including Government National Mortgage Association consent, with either party able to terminate if not completed by August 1, 2026.
Finance of America Companies Inc., through its indirect subsidiary Finance of America Reverse LLC (FAR), agreed to amend its deal with Onity Mortgage Corporation to buy mortgage servicing rights on about 20,000 home equity conversion mortgage (HECM) loans with an unpaid principal balance of $5.1 billion as of March 31, 2026.
FAR will also acquire Onity’s reverse mortgage loan pipeline and expects to assume certain U.S.-based reverse originations employees in May and July 2026. The price at closing will equal the estimated book value of the purchased assets, including the HECM MSRs, with adjustments, holdbacks and post-closing price changes.
Onity will subservice the transferred HECM MSRs for three years under a subservicing agreement that renews automatically for one year unless FAR gives 180 days’ notice. Onity plans to discontinue its reverse originations business at closing, and the transaction depends on customary conditions, including Government National Mortgage Association consent, with either party able to terminate if not completed by August 1, 2026.
Finance of America Companies, Inc. reporting person Kristen Sieffert filed Form 144 notices for proposed sales of 750 shares of Common Stock on each of 02/02/2026, 03/02/2026, and 04/01/2026. The filings list dollar figures $17,483.00, $14,108.21, and $12,465.50 respectively. The security type is shown as Common (RSUs/issuer-originated) and a shares outstanding line reads 8,551,931 as of 05/01/2026.
Finance of America Companies, Inc. reporting person Kristen Sieffert filed Form 144 notices for proposed sales of 750 shares of Common Stock on each of 02/02/2026, 03/02/2026, and 04/01/2026. The filings list dollar figures $17,483.00, $14,108.21, and $12,465.50 respectively. The security type is shown as Common (RSUs/issuer-originated) and a shares outstanding line reads 8,551,931 as of 05/01/2026.
Bloom Retirement Holdings Inc. and Reza Jahangiri amended their Schedule 13D on Finance of America Companies Inc., reporting beneficial ownership of 1,576,243 shares of Class A Common Stock, or 9.49% of the class, based on 8,551,931 shares outstanding as of March 18, 2026.
The position includes 666,379 Class A shares and 909,864 FOAEC Units, each exchangeable one-for-one into Class A stock, subject to a 9.49% ownership cap under a Control Condition in the Asset Purchase Agreement. On April 9, 2026, they agreed to forfeit 239,743 FOAEC Units for no consideration.
Bloom Retirement Holdings Inc. and Reza Jahangiri amended their Schedule 13D on Finance of America Companies Inc., reporting beneficial ownership of 1,576,243 shares of Class A Common Stock, or 9.49% of the class, based on 8,551,931 shares outstanding as of March 18, 2026.
The position includes 666,379 Class A shares and 909,864 FOAEC Units, each exchangeable one-for-one into Class A stock, subject to a 9.49% ownership cap under a Control Condition in the Asset Purchase Agreement. On April 9, 2026, they agreed to forfeit 239,743 FOAEC Units for no consideration.
Finance of America Companies Inc. Chief Investment Officer Jeremy Prahm reported an open-market sale of 6,000 shares of Class A Common Stock at a weighted average price of $23.0081 per share. After this transaction, he directly holds 232,196 shares. The sale was effected under a pre-arranged Rule 10b5-1 trading plan, meaning it was executed pursuant to a prior trading arrangement rather than as a spontaneous market decision. Footnote disclosure adds that individual trade prices ranged from $22.75 to $23.47 per share.
Finance of America Companies Inc. Chief Investment Officer Jeremy Prahm reported an open-market sale of 6,000 shares of Class A Common Stock at a weighted average price of $23.0081 per share. After this transaction, he directly holds 232,196 shares. The sale was effected under a pre-arranged Rule 10b5-1 trading plan, meaning it was executed pursuant to a prior trading arrangement rather than as a spontaneous market decision. Footnote disclosure adds that individual trade prices ranged from $22.75 to $23.47 per share.