Hunton Andrews Kurth LLP represented Finance of America Reverse LLC (FAR), the operating subsidiary of Finance of America Companies Inc. (NYSE: FOA), in the closing of its acquisition of the home equity conversion mortgage (HECM) servicing portfolio, consisting of reverse mortgage servicing rights (MSRs) with an unpaid principal balance of $5.1 billion as of March 31, 2026, and certain other reverse mortgage assets from Onity Mortgage Corporation (OMC), a subsidiary of Onity Group Inc. (NYSE: ONIT).

In connection with the transaction, FAR has acquired OMC’s pipeline of reverse mortgage loans, brought select members of OMC’s experienced origination team into its platform, and entered into a three-year subservicing agreement with OMC. This strategic acquisition has grown FAR’s servicing platform and accelerated its mission to make responsible home equity access available to more homeowners aged 55 and older.

Hunton is proud to be one of the top fully integrated and multidisciplinary legal platforms in the US for advising companies in the mortgage and financial services industry on transactional matters, having represented financial services clients in M&A and other strategic transactions worth more than $68 billion in the past 12 months.

The Hunton team advising on the matter was led by M&A partners Michael Goldman and Austin Maloney, and structured finance and securitization partner Janet McCrae. The team also included associates Marissa Rogers and Nate Jones for M&A; associates Matt Galante and Madeline Culbreth for structured finance and securitization; partner Michelle Lewis and associate Tyler Richardson for employee benefits; associate Caitlin Scipioni for tax; and partner Ryan Glasgow for labor and employment.