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Finance Of America Profile

Last Updated December 14, 2018 8:19 PM Central



Company Name:


Finance Of America Holdings LLC


Headquarters Address:


300 Welsh Road, Building 5
Horsham, Pennsylvania 19044


Parent:


The Blackstone Group LP


Stock Symbol:


BX


Related Companies:


Finance Of America Mortgage LLC

Finance Of America Reverse LLC

Gateway Funding Diversified Mortgage Services Inc.


Pinnacle Capital Mortgage LLC

PMAC Lending Services Inc.

Skyline Financial Corp

Stearns Lending LLC

Urban Financial of America LLC


Number of Employees:


3,758 as of Sept. 30, 2018

3,700
as of Dec. 31, 2017

4,074 as of Dec. 31, 2016

2,722 as of Dec. 31, 2015


Number of Loan Originators:


1,400 as of Aug. 10, 2015


Number of Branches




Retail:

300 as of Aug. 10, 2015

Wholesale & Correspondent:

5 as of Aug. 10, 2015


Web site:


www.financeofamerica.com


Executives


Chairman:


Brian Libman

President of Western Retail and National Wholesale:


Robert Boliard

President of Eastern Retail and Nationwide Correspondent Lending:


Bruno Pasceri

President (Finance of America Reverse):


Kristen Sieffert
Managing Director, President - Credit Unions & Community Banks (Finance of America Mortgage):


Brad Seibel

Executive Vice President - Credit Unions & Community Banks (Finance of America Mortgage):


Linda Clampitt

Senior Vice President, Correspondent - Credit Unions & Community Banks (Finance of America Mortgage):


Randy Shannon

Senior Vice President, Direct Lending - Credit Unions & Community Banks (Finance of America Mortgage):


Matt Abbink

Mid-Atlantic Region Manager:


Frank Mancino


Production



Residential Originations (Q4 2016 and after includes Finance of America Mortgage and Finance of America Reverse; prior quarters exclude Finance of America Reverse):


$11.997 billion / 43,469 loans through Sept. 30, 2018

$16.505 billion / 64,116 loans
2017

$18.285 billion/ 62,742 loans 2016

$11.756 billion / 43,411 loans 2015

$5.0 billion 2011 (Gateway)

HECM Endorsements # Calendar Year (RMI):

3,743 loans 2018 through Oct. 31

5,406 loans 2017

4,225 loans 2016

1,848 loans 2016 through July 31 (Urban Financial of America LLC)

4,288 loans 2015 (Urban Financial of America LLC)

HECM Endorsements # Fiscal Year (RMI):

631 loans 2019 through Nov. 30

5,269 loans 2017


3,943 loans 2016

1,848 loans 2016 through July 31 (Urban Financial of America LLC)

4,288 loans 2015 (Urban Financial of America LLC)

Stearns Lending LLC

 
Residential Originations:

$19.885 billion / 73,911 loans 2016 through Sept. 30

$25.392 billion / 99,554 loans 2015


Mortgage Holdings



Total Mortgage Servicing Portfolio:

1.949 billion / 10,559 loans as of June 30, 2018

$2.039 billion / 10,920 loans
as of Dec. 31, 2017

$4.011 billion / 18,402 loans as of Dec. 30, 2016

$1.102 billion/6,909 loans as of Dec. 31, 2015



Finance of America Headlines


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