EPISODE · May 6, 2026 · 1 MIN
Finance of America Q1 2026: Record Breakers & Reverse Mortgage Boom
from The Daily News Now! Business
Finance Americas Q1 2026 earnings were a standout, with net income of $35M and adjusted net income of $26M, a 112% increase from last year. Funded volumes surged 6% to $596M, while tangible equity climbed to $268M. The company is making waves in the reverse mortgage market, with proprietary products driving growth. Originations submissions hit a record $918M, up 20%, and costs per lead dropped 19%. Their AI-powered platforms are boosting conversions and matching customers better. Guidance holds at $2.8-3.1B funded, with adjusted EPS now expected at $4.50-$5.00. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/21bf9c4d030173f7
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Finance of America Q1 2026: Record Breakers & Reverse Mortgage Boom
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