Finance of America Completes Acquisition of Onity’s Reverse Mortgage Assets
FOA•Finance of America finalized on July 1, 2026 its acquisition of Onity’s reverse mortgage assets, including servicing rights for a significant retiree loan portfolio. The deal boosts FOA’s reverse mortgage servicing capacity and integrates Onity’s proprietary technology to accelerate its growth in the senior lending market.
1. Transaction Overview
On July 1, 2026, Finance of America closed the acquisition of Onity’s reverse mortgage assets, securing the servicing rights to a substantial portfolio of retiree loans. The transaction transfers ownership of Onity’s existing loan book and servicing operations into FOA’s platform.
2. Strategic Impact
By integrating Onity’s proprietary servicing technology and experienced team, FOA aims to expand its reverse mortgage footprint and enhance operational efficiency. The addition supports FOA’s broader strategy to grow its senior lending products and capture greater market share in the reverse mortgage sector.
