Business
Finance of America to Acquire Reverse Mortgage Assets from Onity Group Subsidiary PHH Mortgage
PLANO, Texas, November 18, 2025--Finance of America Reverse LLC ("Finance of America"), the operating subsidiary of Finance of America Companies Inc. (NYSE: FOA) ("FOA") and the nation’s leading provider of home equity–based retirement solutions, today announced it has entered into an agreement to acquire the home equity conversion mortgage (HECM) servicing portfolio, and certain other reverse mortgage assets, from PHH Mortgage Corporation ("PHH"), a subsidiary of Onity Group Inc. (NYSE: ONIT) (
About this update from Finance Of America Companies Inc.
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