secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001828937-23-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finance of America reports FY2022 net loss of $716M ($3.06/sh); adjusted loss $61M; acquires AAG reverse mortgage lender
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- Full year 2022 net loss of $716M ($3.06 basic loss per share); adjusted net loss of $61M.
- Acquisition of AAG, a leading reverse mortgage lender, to close March 31, 2023 after regulatory approval.
- Mortgage Originations segment wind-down completed in February 2023; sale of Title Insurance and Commercial Originations announced in Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000182893723000013/0001828937-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000182893723000013/foa-20230313.htm
  HTML page:      https://secwatch.observer/filing/0001828937-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer