secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001628280-26-030481
Event type: m_and_a
Sentiment:  positive
Materiality: 0.77
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

FOA subsidiary to acquire $5.1B HECM MSR portfolio from Onity/PHH, assume pipeline and staff
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- FAR to purchase HECM MSRs on ~20,000 loans with $5.1B UPB as of March 31, 2026.
- FAR also acquires OMC's reverse loan pipeline; to assume US-based reverse origination employees.
- Purchase price equals estimated book value of assets, with customary holdbacks and post-closing adjustments.
- OMC will subservice the MSRs under a 3-year term with auto-renewal; OMC to stop reverse originations.
- Closing subject to Ginnie Mae consent; either party may terminate if not closed by August 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000162828026030481/0001628280-26-030481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000162828026030481/foa-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-030481

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