Finance of America Defies Market Turbulence with Full-Year Profit in 2024
2025-03-12
HousingWire
Despite reporting a Q4 loss, Finance of America remains optimistic about the reverse mortgage industry's prospects, with its leaders expressing confidence in the market's potential for growth. The company's full-year profit in 2024 is a testament to its resilience in the face of market turbulence. With the reverse mortgage market expected to continue growing, Finance of America is well-positioned to capitalize on this trend. Key industry trends, including mortgage lending and financial services, are expected to drive growth in the coming year. Finance of America's performance is a positive indicator for the industry as a whole.
