Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001828937-25-000033
Chunk: 26

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 1
Chunk 26
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415,122 Level 3 assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (in thousands):AssetsThree months ended March 31, 2025Loans held for investmentLoans held for investment, subject to nonrecourse debtRetained bondsBeginning balance$19,190,065 $9,288,403 $40,407 Total gain included in earnings382,169 257,903 988 Purchases, settlements, and transfers:Purchases and additions810,325 6,900 — Sales and settlements(620,532)(242,557)(1,061)Transfers in (out) between categories(318,900)319,501 — Ending balance$19,443,127 $9,630,150 $40,334 LiabilitiesThree months ended March 31, 2025HMBS related obligationsNonrecourse debt in consolidated VIE trusts and reverse loan financing liability Nonrecourse commercial loan financing liabilityDeferred purchase price liabilitiesTRA obligationBeginning balance$(18,444,370)$(8,950,445)$(3,623)$(13,370)$(3,314)Total gain (loss) included in earnings(295,682)(153,022)113 3,572 (1,241)Purchases, settlements, and transfers:Purchases and additions(466,008)(780,901)— — — Settlements615,703 723,816 663 2,206 — Ending balance$(18,590,357)$(9,160,552)$(2,847)$(7,592)$(4,555)

26

Finance of America Companies Inc.Notes to Condensed Consolidated Financial Statements (Unaudited)

AssetsThree months ended March 31, 2024Loans held for investmentLoans held for investment, subject to nonrecourse debtMSRRetained bonds(As Restated)Beginning balance$18,123,991 $8,272,393 $6,436 $44,297 Total gain (loss) included in earnings604,482 59,279 (920)(742)Purchases, settlements, and transfers:Purchases and additions684,204 10,522 — — Sales and settlements(551,350)(223,899)(4,733)(649)Transfers in (out) between categories(274,645)289,307