Business
Finance of America Promotes Jonathan Scarpati to Chief Production Officer
PLANO, Texas, April 02, 2025--Finance of America Reverse LLC ("Finance of America" or the "Company"), a leading provider of home equity-based financing solutions for a modern retirement and a part of Finance of America Companies Inc. (NYSE: FOA), announced the promotion of Jonathan Scarpati to Chief Production Officer. This new strategic position will strengthen FOA’s leadership in an area that is essential to the company’s long-term growth plans and further its efforts to make home equity for r
About this update from Finance Of America Companies Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":245,"url":"https://media.zenfs.com/en/business-wire.com/37718648e607b00b824613451f226880"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/E1_KGQWbSbSiHhshCDpTXw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ5MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/37718648e607b00b824613451f226880","width":480,"height":245}},"lazy":false},{"type":"text","content":"Scarpati to lead FOA’s production organization, driving strategic cohesion and operational efficiency between wholesale and retail.","length":131,"tagName":"p","attribs":{}},{"type":"text","content":"PLANO, Texas, April 02, 2025--(BUSINESS WIRE)--Finance of America Reverse LLC ("Finance of America" or the "Company"), a leading provider of home equity-based financing solutions for a modern retirement and a part of Finance of America Companies Inc. (NYSE: FOA), announced the promotion of Jonathan Scarpati to Chief Production Officer. This new strategic position will strengthen FOA’s leadership in an area that is essential to the company’s long-term growth plans and further its efforts to make home equity for retirement a mainstream solution.","length":569,"tagName":"p"},{"type":"text","content":"In his new role, Scarpati will oversee both wholesale and retail production, helping optimize internal structures and accelerate performance gains that will propel the company forward in its next stage of growth. Scarpati has a wealth of industry experience and was previously Senior Vice President of Wholesale Production. Under his leadership, the wholesale team has consistently ranked as one of the top producing wholesale originators in the reverse mortgage industry.","length":472,"tagName":"p"},{"type":"text","content":""Jonathan has been at the core of driving reverse mortgage adoption and awareness in the industry for over 20 years, and we’re excited to extend his leadership abilities to accelerate performance as we modernize our brand and expand our reach," said Kristen Sieffert, President of Finance of America. "This promotion is a direct reflection of his dedication, expertise, and passion, all which have been instrumental in our growth and industry leadership as one of the top originating wholesale pl...