Finance Of America Cos

Q2 FY2026 EarningsQ2 FY26 total revenue of $62.5M significantly missed the $121.9M consensus (-48.8%) as negative fair value adjustments from market inputs outweighed strong net origination gains of $66.6M (+18.8% YoY). Adjusted EPS of $0.84 fell short of the $1.09 estimate, primarily due to higher compensation and marketing expenses associated with future volume initiatives. Conversely, Book Value Per Share of $33.20 substantially beat the $25.04 consensus (+32.6%), while the completion of the Onity Mortgage acquisition on June 30 adds over $5B in UPB to the servicing portfolio, offering a significant future catalyst.