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Finance of America CEO cites consumer choice for reverse mortgage demand
The lender reported nearly 2,500 HECM endorsements through the first six months of 2026 and plans to release second-quarter earnings on Aug. 4.
Finance of America CEO Graham Fleming told HousingWire that reverse mortgage demand is less about overcoming obstacles and more about matching products to consumers needs. Fleming said the company aims to provide choice across Home Equity Conversion Mortgage, proprietary, second-lien and HELOC options, rather than betting on one single program.
HousingWire reports that Finance of America has nearly 2,500 HECM endorsements through the first six months of 2026, putting the company at the top of the HECM leaderboard for the period. Fleming also pointed to the mix of seniors holding lower-rate first-lien mortgages, saying those rate dynamics affect which reverse mortgage type fits best.
Fleming discussed Finance of America’s approach to expanding access to home equity solutions through partnerships, including its Better partnership and Blue Owl whole loan option. He also addressed the company’s acquisition of Onity Mortgage assets as part of its broader strategy.
HousingWire noted Finance of America will release its second-quarter earnings report on Aug. 4, building on what Fleming described as a strong first quarter.