| Market Capitalization (Millions $) |
292 |
| Shares
Outstanding (Millions) |
17 |
| Employees |
784 |
| Revenues (TTM) (Millions $) |
337 |
| Net Income (TTM) (Millions $) |
-45 |
| Cash Flow (TTM) (Millions $) |
140 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Finance Of America Companies Inc. is a leading financial services company providing a diverse set of lending and servicing solutions to customers in the United States. The company was founded in 2013 and is headquartered in Irving, Texas.
Finance Of America Companies Inc. has a broad portfolio of businesses that serve the mortgage, reverse mortgage, commercial real estate, and residential fix and flip markets. The company operates through a network of over 11,000 employees and more than 3,200 lending partners.
Mortgage Lending:
Finance Of America Companies Inc. is one of the largest non-bank mortgage lenders in the country. It helps customers find mortgage loans that are appropriate for their needs, including conventional, FHA, VA, USDA, and jumbo loans. The company has a strong commitment to customer service and ensures that it delivers the best possible experience to its customers.
Reverse Mortgage:
The company offers reverse mortgage solutions for senior homeowners who want to use the equity in their homes to supplement their retirement income. This can be an especially attractive option for those who have limited income, as it allows them to access their home equity without having to pay it back until they sell, move out or pass away.
Commercial Real Estate:
Finance Of America Companies Inc. has a robust commercial real estate lending platform that offers a wide variety of financing solutions to borrowers. It specializes in all types of commercial properties, including office, retail, industrial, and multifamily.
Residential Fix and Flip:
Finance Of America Companies Inc. also provides financing solutions to real estate investors who are interested in fixing and flipping residential properties. The company offers short-term loans that are designed to help investors purchase properties quickly and make renovations before selling them for a profit.
Servicing:
In addition to its lending businesses, Finance Of America Companies Inc. also offers mortgage servicing solutions that provide a comprehensive suite of services to keep their borrowers informed and satisfied. Its servicing platform includes automated payment processing, escrow management, customer service, collections, and loss mitigation.
Conclusion:
Finance Of America Companies Inc. has an extensive portfolio of businesses that cater to the needs of borrowers across different segments. With innovative lending solutions, competitive rates, and a strong commitment to customer service, the company has established itself as a leader in the financial services industry.
Company Address: 5830 Granite Parkway Plano 75024 TX
Company Phone Number: 202-2666 Stock Exchange / Ticker: NYSE FOA
|
1.79% 
-40.47 %