Name | Value |
---|---|
Revenues | 9.0M |
Cost of Revenue | 26.5M |
Gross Profit | -17.5M |
Operating Expense | -2.0M |
Operating I/L | 7.0M |
Other Income/Expense | -26.0M |
Interest Income | 4.3M |
Pretax | 6.0M |
Income Tax Expense | 2.0M |
Net Income/Loss | 5.0M |
Finance of America Companies Inc. operates a consumer lending platform in the United States, offering residential mortgage loans, government-insured agricultural lending solutions, and a range of ancillary business services to the residential mortgage, student lending, and commercial lending industries. The company generates revenue through mortgage originations, reverse originations, commercial originations, lender services, and portfolio management segments. It provides product development, loan securitization, risk management, asset management, and servicing oversight services to enterprise and third-party funds, as well as title agency and title insurance services, mortgage servicing rights valuation, transactional fulfillment services, and appraisal and capital management services.