Jim Cramer - Mad Money
Replay Acquisition Corp.
RPLA-N
BUY
Mar 17, 2021
This is a totally ignored SPAC which is merging with Finance of America Cos., a vertically integrated lending platform like Rocket (which he likes), though they also do reverse mortgages as well as commercial loans. They also operate a title and appraisal division. They originate mortgages and keep some of them and turn others into mortgage-backed securities. FAC delivered 100% revenue growth last year and 550% earnings growth, yet this stock is trading flat around $10 since the merger was announced.