Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 86

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 86
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 before taxes$30,968 $202,464 $233,432 $(98,339)$— $135,093 Total assets$264,147 $30,361,529 $30,625,676 $1,108,604 $(1,078,226)$30,656,054 

40

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

For the nine months ended September 30, 2024Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $1,431,970 $1,431,970 $— $— $1,431,970 Interest expense— (1,233,261)(1,233,261)— — (1,233,261)Net portfolio interest income— 198,709 198,709 — — 198,709 Other income (expense)Net origination gains137,133 — 137,133 — — 137,133 Gain on securitization of HECM tails, net— 32,317 32,317 — — 32,317 Fair value changes from model amortization— (149,174)(149,174)— — (149,174)Fair value changes from market inputs or model assumptions— 228,976 228,976 — — 228,976 Net fair value changes on loans and related obligations137,133 112,119 249,252 — — 249,252 Fee income20,193 2,648 22,841 — (369)22,472 Non-funding interest expense, net— — — (26,639)— (26,639)Net other income (expense)157,326 114,767 272,093 (26,639)(369)245,085 Total revenues157,326 313,476 470,802 (26,639)(369)443,794 ExpensesSalaries, benefits, and related expenses62,299 12,080 74,379 30,780 — 105,159 Loan production and portfolio related expenses6,431 14,790 21,221 — — 21,221 Loan servicing expenses— 23,622