Finance of America Posts Nearly $1.4B Loss Due To Accounting Change
National Mortgage Professional, Mar. 4, 2022–Christine Stuart
While touting progress in its sales of reverse mortgages, a change made to account for stock price declines and goodwill caused Finance of America Companies to report a net loss of nearly $1.34 billion under generally accepted accounting principles.
https://nationalmortgageprofessional.com/news/finance-america-posts-nearly-14b-loss-due-accounting-change
