Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 83

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 83
---
 other income (expense) 68,119 (50,761)17,358 (14,488)(123)2,747 Total revenues68,119 27,340 95,459 (14,488)(123)80,848 ExpensesSalaries, benefits, and related expenses23,041 3,670 26,711 10,534 — 37,245 Loan production and portfolio related expenses1,621 23,906 25,527 — — 25,527 Loan servicing expenses— 8,168 8,168 — — 8,168 Marketing and advertising expenses11,230 — 11,230 1 — 11,231 Depreciation and amortization9,328 5 9,333 310 — 9,643 General and administrative expenses5,563 2,509 8,072 4,831 (123)12,780 Total expenses50,783 38,258 89,041 15,676 (123)104,594 Other, net— — — (4,809)— (4,809)Net income (loss) before taxes$17,336 $(10,918)$6,418 $(34,973)$— $(28,555)Total assets$264,147 $30,361,529 $30,625,676 $1,108,604 $(1,078,226)$30,656,054 

38

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

For the three months ended September 30, 2024Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $489,900 $489,900 $— $— $489,900 Interest expense— (426,839)(426,839)— — (426,839)Net portfolio interest income— 63,061 63,061 — — 63,061 Other income (expense)Net origination gains57,216 — 57,216 — — 57,216 Gain on securitization of HECM tails, net— 10,560 10,560 — — 10,560 Fair value changes from model amort