Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 233

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 233
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 future.

Risk-free interest rate - This rate is based on the U.S. Treasury yield curve in effect at the time of grant commensurate with the expected term assumption.

Expected term - The period of time over which the awards are expected to remain outstanding.

#### 159
| Finance of America Companies Inc.          
 Notes to Consolidated Financial Statements |

21. Interest Income and Interest Expense

Interest income and interest expense from continuing operations consisted of the following (in thousands):

|                                                             |     |   | For the year ended December 31, 2024 |     |   | For the year ended December 31, 2023 |
|:------------------------------------------------------------|:----|:--|-------------------------------------:|:----|:--|-------------------------------------:|
| Interest income:                                            |     |   |                                      |     |   |                                      |
| Interest income on mortgage loans(1)                        |     | $ |                            1,890,700 |     | $ |                            1,617,954 |
| Other interest income                                       |     |   |                               14,514 |     |   |                               10,923 |
| Total portfolio interest income                             |     |   |                            1,905,214 |     |   |                            1,628,877 |
| Interest expense:                                           |     |   |                                      |     |   |                                      |
| Interest expense on HMBS and nonrecourse obligations(1)     |     |   |                           -1,559,341 |     |   |                           -1,273,159 |
| Interest expense on other financing lines of credit         |     |   |                              -77,945 |     |   |                              -87,839 |
| Total portfolio interest expense                            |     |   |                           -1,637,286 |     |   |                           -1,360,998 |
| Net portfolio interest income                               |     |   |                              267,928 |     |   |                              267,879 |
| Non-portfolio interest income                               |     |   |                                1,913 |     |   |                                1,270 |
| Non-funding interest expense (Note 17 - Notes Payable, Net) |     |   |                              -41,411 |     |   |                              -30,889 |
| Non-funding interest expense, net                           |     |   |                              -39,498 |     |   |                              -29,619 |
| Net interest income