Finance of America Sharpens Focus on Specialty Finance and Services Business, Plans to Discontinue Forward Mortgage Originations

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PLANO, Texas–(BUSINESS WIRE)–Finance of America Companies Inc. (NYSE: FOA) (the “Company” or “FOA”), a leading specialty finance solutions platform, today announced its decision to discontinue the operations of its forward mortgage originations segment across both retail and wholesale channels by the end of the year. The Finance of America Strategy FOA was created to provide pathways for consumers to achieve greater financial freedom through the use of the equity in their home. FOA has built