Finance of America Issues Statement on the Proposed Sale of Commercial Lending Business

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Feb 21, 2023

Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for the sale of operational assets of Finance of America Commercial, a division of an FOA subsidiary that offers residential real estate investment loans, to Roc Capital Holdings LLC (“Roc360”), a vertically-integrated digital platform for residential real estate investors: