Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 250

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 250
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ourse debt8,394,372 (121,979)8,272,393 Loans held for investment(1):Reverse mortgage loans558,577 15,694 574,271 Commercial mortgage loans1,044 (87)957 Total loans held for investment559,621 15,607 575,228 Other assets:Loans held for sale - residential mortgage loans9,247 (5,001)4,246 Total loan portfolio$25,838,677 $561,953 $26,400,630 (1) As of December 31, 2023, there was $487.9 million in UPB in loans held for investment pledged as collateral for financing lines of credit. 

138

Finance of America Companies Inc.Notes to Consolidated Financial Statements

The tables below show the total amount of loans held for investment and held for sale that were greater than 90 days past due and on non-accrual status (in thousands): December 31, 2024Unpaid Principal BalanceEstimated Fair ValueDifferenceLoans held for investment, subject to nonrecourse debt:Commercial mortgage loans$32,067 $19,362 $(12,705)Loans held for investment:Commercial mortgage loans222 155 (67)Other assets:Loans held for sale - residential mortgage loans1,605 1,284 (321)Total loans 90 days or more past due and on non-accrual status$33,894 $20,801 $(13,093)December 31, 2023Unpaid Principal BalanceEstimated Fair ValueDifferenceLoans held for investment, subject to nonrecourse debt:Commercial mortgage loans$34,115 $31,244 $(2,871)Other assets:Loans held for sale - residential mortgage loans4,324 428 (3,896)Total loans 90 days or more past due and on non-accrual status$38,439 $31,672 $(6,767)The table below shows a reconciliation of the changes in loans held for sale (in thousands):For the year ended December 31, 2024For the year ended December 31, 2023Beginning balance$4,246 $173,984 Originations/purchases/repurchases9,877 192,789 Proceeds from sales(10,971)(376,056)Net transfers related to loans