Finance of America Companies Inc.: management transactions · United States · SEC (Form 4)

About Finance of America Companies Inc.

Finance of America Companies Inc. (NYSE: FOA) is a U.S. financial services holding company focused on home equity-based financing solutions for a modern retirement. The company was incorporated in Delaware on October 9, 2020 and began trading on the New York Stock Exchange in April 2021. Its operating footprint is centered in the United States, with Plano, Texas serving as a key corporate/business address. FOA is therefore best understood as a U.S.-listed mortgage and retirement-finance specialist rather than a broad consumer lender. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1828937/000162828026017692/foa-20251231.htm?utm_source=openai)) FOA’s business has become more focused over time. Through the end of 2022, the company offered a wider array of loan products and related lender services, including reverse mortgages, traditional mortgages, business-purpose loans for residential real estate investors, home improvement loans, title insurance, and settlement services. In late 2022 and during 2023, FOA completed a series of strategic transactions that discontinued certain business lines and strengthened its reverse mortgage platform through the acquisition of operational assets from American Advisors Group, now Bloom Retirement Holdings. That reshaping moved the company toward a more concentrated “modern retirement solutions” model. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001828937/000182893725000032/foa-20241231.htm?utm_source=openai)) Today, FOA describes itself as a leading provider of home equity-based financing solutions. Its core offering is the reverse mortgage franchise, supported by capital markets and portfolio management capabilities designed to optimize the distribution of originated loans to investors. This combination matters: FOA is not just originating loans, but also managing how those loans are funded and sold downstream, which can be an important competitive lever in mortgage finance. The company also emphasizes multi-channel distribution and flexible technology platforms to scale efficiently. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1828937/000162828026017692/foa-20251231.htm?utm_source=openai)) From a market-position perspective, FOA is a niche player with a differentiated focus. It competes in a segment tied to home equity monetization for older homeowners, a market shaped by demographic aging in the United States and by housing wealth trends. That specialization can be a strength because it gives FOA a clear value proposition, but it also creates sensitivity to U.S. residential housing conditions, interest-rate levels, and credit-market liquidity. FOA’s SEC filings explicitly highlight the impact of higher rates and broader macro and competitive pressures on its business. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1828937/000162828026017692/foa-20251231.htm?utm_source=openai)) Recent developments underscore the company’s branding and market-distribution strategy. In 2024, FOA said it would unify the Finance of America Reverse and American Advisors Group brands under the single Finance of America name, aiming to create a clearer identity and a more modern acquisition strategy. More recently, FOA disclosed that its Class A common stock also began trading on NYSE Texas on August 15, 2025, alongside its primary NYSE listing. For investors, FOA represents a specialized U.S. listed financial stock with exposure to housing equity, retirement finance, and the cyclical mortgage environment. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1828937/000182893725000009/foa-20241231.htm?utm_source=openai))