Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 129

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 8
Chunk 129
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 and portfolio related expenses7,887 28,318 36,205 — — 36,205 Loan servicing expenses— 31,323 31,323 — — 31,323 Marketing and advertising expenses39,337 41 39,378 51 — 39,429 Depreciation and amortization37,751 77 37,828 1,119 — 38,947 General and administrative expenses26,521 12,177 38,698 21,256 (492)59,462 Total expenses194,944 87,449 282,393 61,825 (492)343,726 Impairment of other assets(291)— (291)(600)— (891)Gain on extinguishment of debt— — — 56,193 — 56,193 Other, net(174)— (174)(6,757)— (6,931)Net income (loss) before taxes$10,905 $84,398 $95,303 $(52,487)$— $42,816 Total assets$250,519 $28,877,278 $29,127,797 $1,343,803 $(1,317,561)$29,154,039 

159

Finance of America Companies Inc.Notes to Consolidated Financial Statements

For the year ended December 31, 2023Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $1,628,877 $1,628,877 $— $— $1,628,877 Interest expense— (1,360,998)(1,360,998)— — (1,360,998)Net portfolio interest income— 267,879 267,879 — — 267,879 Other income (expense)Net origination gains121,646 — 121,646 — — 121,646 Gain on securitization of HECM tails, net— 25,583 25,583 — — 25,583 Fair value changes from model amortization— (228,391)(228,391)— — (228,391)Fair value changes from market inputs or model assumptions— 58,696 58,696 —