M&A Deal Summary

Finance Of America Companies Acquires PHH Mortgage s Reverse Mortgage Assets

On November 18, 2025, Finance Of America Companies acquired financial services company PHH Mortgage s Reverse Mortgage Assets from PHH Mortgage Services

Acquisition Highlights
  • This is Finance Of America Companies’ 2nd transaction in the Financial Services sector.
  • This is Finance Of America Companies’ 2nd transaction in the United States.
  • This is Finance Of America Companies’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2025-11-18
Target PHH Mortgage s Reverse Mortgage Assets
Sector Financial Services
Buyer(s) Finance Of America Companies
Sellers(s) PHH Mortgage Services
Deal Type Divestiture

Target

PHH Mortgage s Reverse Mortgage Assets

Mount Laurel, New Jersey, United States
PHH Mortgage's Reverse Mortgage Assets comprises a home equity conversion mortgage (HECM) servicing portfolio, and certain other reverse mortgage assets.

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Buyer(S) 1

Buyer

Finance Of America Companies

Plano, Texas, United States

Category Company
Founded 2013
Sector Financial Services
Employees751
Revenue 271M USD (2024)
DESCRIPTION

Finance of America Companies provides a diverse selection of lending products and services that meet customers’ financial needs throughout each phase of their lives. From home loans and reverse mortgages, to commercial real estate loans, to student loans, to a variety of other financial services, it delivers a positive customer experience and does business with a personal touch. Finance of America Companies was formed in 2013 and is based in Plano, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-07 American Advisors Group

Irvine, California, United States

American Advisors Group (AAG) is a purpose-driven organization dedicated to improving the lives of seniors. The group helps older Americans navigate their way into and through retirement with ease and peace of mind by providing them with personalized service and a number of home equity solutions designed to give them the best financial outcome for a better retirement. American Advisors Group was formed in 2004 and is based in Irvine, California.

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Seller(S) 1

SELLER

PHH Mortgage Services

Mount Laurel, New Jersey, United States

Category Company
Founded 1977
Sector Financial Services
DESCRIPTION

PHH Mortgage Services Corporation is a provider of private label mortgage services in the United States.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-05 Cuna Mutual Mortgage

Madison, Wisconsin, United States

Cuna Mutual Mortgage Corp is a provider of mortgage lending and mortgage servicing solutions.

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