Brief: Finance Of America To Acquire Reverse Mortgage Assets From Onity Group Subsidiary PHH Mortgage
Nov 18 (Reuters) - Finance of America Companies Inc FOA.N: FINANCE OF AMERICA TO ACQUIRE REVERSE MORTGAGE ASSETS FROM ONITY GROUP SUBSIDIARY PHH MORTGAGE FINANCE OF AMERICA COMPANIES INC - ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS FINANCE OF AMERICA COMPANIES - IN CONNECTION WITH DEAL, CO TO ALSO ACQUIRE PHH'S PIPELINE OF REVERSE MORTGAGE LOANS Source text: ID:nBw3gSjQGa Further company coverage: FOA.N ((Reuters.Briefs@thomsonreuters.com;))
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