EDGAR·FLOW

Finance of America Companies Inc. — Form 10-Q

Filed August 7, 2026 · analyzed by the Periodic Agent
10-Q — Neutral significance 28/100
What the filing says
Finance of America Reverse LLC amended its November 2025 asset purchase agreement with Onity Mortgage Corporation (f/k/a PHH Mortgage) to accommodate Ginnie Mae approval requirements. Key changes: (1) narrowed scope to 'Revised Purchased MSR Assets' (mortgage servicing rights and related advances) per Schedule A as of Feb 28, 2026; (2) revised book value calculation methodology with unspecified reduction to MSR book value; (3) staggered employee transition—sales/production staff effective May 11, 2026, all others July 1, 2026; (4) extended outside/termination date to August 1, 2026; (5) changed governing law from Delaware to New York. Purchase price and specific dollar amounts redacted. Closing remains contingent on Ginnie Mae approval.
Why this rating

Amended transactional terms for regulatory compliance; scope reduced; purchase price/financial impact redacted and immaterial to disclosure. Routine M&A amendment relative to ~$143M market cap.

View original filing on SEC.gov ↗ FOA · stock on Yahoo Finance ↗

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