# Finance of America

> Finance of America is a publicly traded home-equity and retirement-finance company centered on reverse mortgages. Through its Finance of America Reverse operating subsidiary, it originates government-insured HECMs and proprietary HomeSafe loans for older homeowners, distributes products through retail and wholesale channels, and manages and securitizes mortgage assets. Its differentiator is a broad proprietary reverse-mortgage range, including a second-lien product designed to preserve an existing first mortgage, paired with capital-markets and portfolio-management capabilities.

- **Founded:** 2013
- **Headquarters:** Plano, Texas, United States
- **Founders:** Brian Libman (Founder and Chairman)
- **Team size:** 784 U.S.-based employees as of December 31, 2025, plus 141 contractors in the U.S. and Philippines.
- **Products:** Home Equity Conversion Mortgage (HECM), HECM for Purchase, HomeSafe, HomeSafe Second, HomeSafe Second Line of Credit
- **Notable:** Built the largest U.S. proprietary reverse-mortgage lender position for more than a decade, according to the company., Originated $2.385 billion across 9,619 reverse mortgages in 2025, a 24% increase in funded volume from 2024., Reported $110 million of 2025 net income from continuing operations and $74 million of adjusted net income.

## Products & services

- **Home Equity Conversion Mortgage (HECM)** — A federally insured reverse mortgage for eligible homeowners age 62 and older, with proceeds available in several forms depending on the program and borrower eligibility.
- **HECM for Purchase** — A reverse mortgage structure that can help an eligible older buyer purchase a home while limiting the cash required at closing compared with an all-cash purchase.
- **HomeSafe** — Finance of America's proprietary jumbo reverse-mortgage family for higher-value homes, with options distinct from the FHA-insured HECM program.
- **HomeSafe Second** — A proprietary second-lien reverse mortgage launched in 2023 that lets eligible older homeowners retain an existing first mortgage and access equity without a new required monthly mortgage payment, subject to loan obligations.
- **HomeSafe Second Line of Credit** — A closed-end second-lien reverse-mortgage credit line launched in California in 2026, allowing staged draws after an initial draw while preserving the existing first mortgage.
- **HELOC and home-equity loans** — Traditional home-equity products introduced through Better.com's Tinman digital platform, broadening the company beyond reverse mortgages.
- **Wholesale partner platform** — Broker distribution, training, scenario tools, marketing resources, processing support, and access to Finance of America's reverse-mortgage lineup.
- **Portfolio management and capital markets** — Funding, securitization, sale, and management of originated and acquired mortgage assets, including HECM-backed and proprietary reverse-mortgage exposures.

## Achievements

- Built the largest U.S. proprietary reverse-mortgage lender position for more than a decade, according to the company.
- Originated $2.385 billion across 9,619 reverse mortgages in 2025, a 24% increase in funded volume from 2024.
- Reported $110 million of 2025 net income from continuing operations and $74 million of adjusted net income.
- Launched HomeSafe Second in 2023 as a second-lien reverse-mortgage product designed to preserve an existing first mortgage.
- Completed a 2024 securitization backed exclusively by non-agency second-lien reverse mortgages.
- Acquired operating assets from American Advisors Group in 2023 and agreed in 2025 to acquire a major PHH reverse-servicing portfolio and related assets.
- Expanded HomeSafe Second to 16 states by March 2026 and introduced a line-of-credit version in California in April 2026.
- Completed the acquisition of servicing rights for approximately 20,000 HECMs with $5.2 billion in unpaid principal balance from Onity Mortgage in July 2026.
- Was included on TIME and Statista's America's Best Companies 2026 list.

## Latest updates

- **2026-07** — Completed the all-cash acquisition of servicing rights for approximately 20,000 Ginnie Mae HECMs with $5.2 billion in unpaid principal balance from Onity Mortgage; Onity remains subservicer under a three-year agreement.
- **2026-07** — Was named to TIME and Statista's America's Best Companies 2026 list, which evaluates employee satisfaction, business performance, and responsible corporate practices.
- **2026-05** — Reported first-quarter funded volume of $596 million, net income of $35 million, adjusted net income of $26 million, and total equity of $438 million.
- **2026-04** — Launched HomeSafe Second Line of Credit in California, with staged draws, no new required monthly mortgage payment, and expansion to more states planned.
- **2026-03** — Expanded HomeSafe Second to Indiana, Ohio, and Michigan, bringing published availability to 16 states.
- **2026-02** — Completed the repurchase of Blackstone's equity interest in Finance of America.
- **2025-12** — Announced a $2.5 billion strategic relationship with Blue Owl funds, including a $50 million preferred equity investment.
- **2025-11** — Agreed to acquire PHH Mortgage's reverse-mortgage servicing portfolio and related origination assets.
- **2025-10** — Partnered with Better.com to add digitally originated HELOCs and home-equity loans and extend reverse-mortgage distribution.

## Links

- Website: https://www.financeofamerica.com/
- LinkedIn: https://www.linkedin.com/company/financeofamerica/
- Twitter/X: https://twitter.com/FoAMortgage
- YouTube: https://www.youtube.com/@FinanceOfAmericaYouTube
- Facebook: https://www.facebook.com/FinanceofAmerica/

---

Profile page: https://yespress.io/finance-of-america
Published by YesPress — https://yespress.io
Last updated: 2026-08-11