Finance of America to Acquire PHH Mortgage Reverse Assets from Onity

Reuters11-19

Finance of America to Acquire PHH Mortgage Reverse Assets from Onity

Finance of America Reverse LLC, a subsidiary of Finance of America Companies Inc., has entered into an agreement to acquire the home equity conversion mortgage servicing portfolio and certain other reverse mortgage assets from PHH Mortgage Corporation, a subsidiary of Onity Group Inc., in an all-cash transaction. The deal includes PHH's pipeline of reverse mortgage loans and will bring select members of PHH's origination team into Finance of America's platform. Additionally, a subservicing agreement will be established with PHH to ensure operational continuity. The acquisition is expected to expand Finance of America's market reach, enhance its servicing platform, and be immediately accretive to earnings, adjusted earnings per share, and cash flow. The transaction is anticipated to close in the first quarter of 2026, pending customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Finance of America Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251118612663) on November 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2584657849?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-19 05:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2584657849","market":"fut","top_or_hot":-1,"title":"Finance of America to Acquire PHH Mortgage Reverse Assets from Onity","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Finance of America to Acquire PHH Mortgage Reverse Assets from Onity\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Finance of America Reverse LLC, a subsidiary of <a href=\"https://laohu8.com/S/FOACW\">Finance of America Companies Inc.</a>, has entered into an agreement to acquire the home equity conversion mortgage servicing portfolio and certain other reverse mortgage assets from PHH Mortgage Corporation, a subsidiary of <a href=\"https://laohu8.com/S/ONIT\">Onity Group Inc.</a>, in an all-cash transaction. The deal includes PHH's pipeline of reverse mortgage loans and will bring select members of PHH's origination team into Finance of America's platform. Additionally, a subservicing agreement will be established with PHH to ensure operational continuity. The acquisition is expected to expand Finance of America's market reach, enhance its servicing platform, and be immediately accretive to earnings, adjusted earnings per share, and cash flow. The transaction is anticipated to close in the first quarter of 2026, pending customary conditions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/FOA\">Finance of America Companies Inc</a>. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251118612663) on November 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Finance of America to Acquire PHH Mortgage Reverse Assets from Onity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinance of America to Acquire PHH Mortgage Reverse Assets from Onity\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-19 05:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Finance of America to Acquire PHH Mortgage Reverse Assets from Onity\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Finance of America Reverse LLC, a subsidiary of <a href=\"https://laohu8.com/S/FOACW\">Finance of America Companies Inc.</a>, has entered into an agreement to acquire the home equity conversion mortgage servicing portfolio and certain other reverse mortgage assets from PHH Mortgage Corporation, a subsidiary of <a href=\"https://laohu8.com/S/ONIT\">Onity Group Inc.</a>, in an all-cash transaction. The deal includes PHH's pipeline of reverse mortgage loans and will bring select members of PHH's origination team into Finance of America's platform. Additionally, a subservicing agreement will be established with PHH to ensure operational continuity. The acquisition is expected to expand Finance of America's market reach, enhance its servicing platform, and be immediately accretive to earnings, adjusted earnings per share, and cash flow. The transaction is anticipated to close in the first quarter of 2026, pending customary conditions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/FOA\">Finance of America Companies Inc</a>. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251118612663) on November 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4229","symbol_name":"商业和住宅抵押贷款融资","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251118:nNDL8jLh3t:1","article_id":"2584657849","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584657849","pubTimestamp":1763500518,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Finance of America Reverse LLC, a subsidiary of Finance of America Companies Inc., has entered into an agreement to acquire the home equity conversion mortgage servicing portfolio and certain other reverse mortgage assets from PHH Mortgage Corporation, a subsidiary of Onity Group Inc., in an all-cash transaction. The deal includes PHH's pipeline of reverse mortgage loans and will bring select members of PHH's origination team into Finance of America's platform. Additionally, a subservicing agreement will be established with PHH to ensure operational continuity. The acquisition is expected to expand Finance of America's market reach, enhance its servicing platform, and be immediately accretive to earnings, adjusted earnings per share, and cash flow. The transaction is anticipated to close in the first quarter of 2026, pending customary conditions.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accura","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4229":"商业和住宅抵押贷款融资","ONIT":"Onity Group Inc.","BK4195":"互助储蓄与抵押信贷金融服务","FOA":"Finance of America Companies Inc"},"translate_title":"美国金融公司将从Onity收购PHH抵押贷款反向资产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FOA":0.9,"ONIT":0.9},"content_text":"Finance of America to Acquire PHH Mortgage Reverse Assets from Onity\n    \n\n        Finance of America Reverse LLC, a subsidiary of Finance of America Companies Inc., has entered into an agreement to acquire the home equity conversion mortgage servicing portfolio and certain other reverse mortgage assets from PHH Mortgage Corporation, a subsidiary of Onity Group Inc., in an all-cash transaction. The deal includes PHH's pipeline of reverse mortgage loans and will bring select members of PHH's origination team into Finance of America's platform. Additionally, a subservicing agreement will be established with PHH to ensure operational continuity. The acquisition is expected to expand Finance of America's market reach, enhance its servicing platform, and be immediately accretive to earnings, adjusted earnings per share, and cash flow. The transaction is anticipated to close in the first quarter of 2026, pending customary conditions.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Finance of America Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251118612663) on November 18, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2584657849","isCrawlerRequest":true}