---
schema_version: "secwatch.filing_event.v1"
accession: "0001828937-23-000114"
form_type: "8-K"
ticker: "FOA"
cik: "0001828937"
company_name: "Finance of America Companies Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T17:06:03.070941+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Finance of America Q3 net loss $172M, adjusted loss $25M; Reverse volumes up 18% QoQ

## Summary
- Net loss from continuing operations of $172M; adjusted net loss $25M ($0.11 per share).
- Funded volumes in Reverse segment increased 18% quarter over quarter.
- Corporate overhead expenses reduced 17% quarter over quarter.
- Maintained over 37% share of HECM Reverse market.
- Completed sale of Home Improvement platform assets on September 15, 2023; transitioned offshore fulfillment services.

## SEC filing metadata
- accession: 0001828937-23-000114
- form_type: 8-K
- ticker: FOA
- cik: 0001828937
- company_name: Finance of America Companies Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828937/000182893723000114/0001828937-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828937/000182893723000114/foa-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828937-23-000114
- JSON: https://secwatch.observer/filing/0001828937-23-000114.json
- Plain text: https://secwatch.observer/filing/0001828937-23-000114.txt

## Key facts
- Earnings Releases
  Finance of America Companies Inc. reported the third quarter ended September 30, 2023 results: net income Net loss from continuing operations of $172 million, EPS the Company recognized an adjusted net loss (2) of $25 million or $0.11 per share.
  - Period: the third quarter ended September 30, 2023
  - Net income: Net loss from continuing operations of $172 million
  - EPS: the Company recognized an adjusted net loss (2) of $25 million or $0.11 per share
  - Result: reported results
  source text: Finance of America Companies Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828937/000182893723000114/0001828937-23-000114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.