Key facts
- Finance of America Companies Inc. reported a $29 million net loss for Q2 2026.
- Finance of America's reverse mortgage and home equity funding volume increased 21% year-over-year to $730 million in Q2 2026.
- AGNT Inc. reported record second-quarter revenue of $1.4 billion.
- AGNT's revenue increased 11% year-over-year in Q2 2026.
- AGNT acquired NextHome.
- loanDepot reported a net loss of $6.6 million for Q2 2026.
- loanDepot's net loss improved from $54.9 million in the prior quarter.
- loanDepot's revenue rose 18% to $337.3 million in Q2 2026.
- loanDepot's revenue growth was driven by home equity lending and higher-margin products.
Finance of America Companies Inc. experienced a 21% year-over-year increase in reverse mortgage and home equity funding volume during the second quarter of 2026, reaching a total of $730 million. This growth in volume occurred despite the company reporting a net loss of $29 million for the quarter. The net loss was primarily attributed to non-cash fair value adjustments within its portfolio business.
In contrast, AGNT Inc., previously known as eXp World Holdings, announced record-breaking revenue for the second quarter, totaling $1.4 billion. This figure represents an 11% increase compared to the same period in the previous year. The company cited enhanced agent productivity, increased transaction volumes, and market share gains as key drivers for this revenue growth. The strategic acquisition of NextHome also contributed to AGNT's performance.
loanDepot reported a net loss of $6.6 million for the second quarter of 2026. This represents a substantial improvement from the $54.9 million net loss recorded in the prior quarter. The company's revenue saw an 18% increase, reaching $337.3 million. This revenue expansion was fueled by a growth in home equity lending and a strategic shift towards a greater proportion of higher-margin financial products.