Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000044
Chunk: 17

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 17
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curitized notes within Note 5 - Variable Interest Entities and Securitizations for the nine months ended September 30, 2024 (in millions):

| Nine months ended September 30, 2024 |     | As Previously Reported |         |     | Adjustments |        |     | As Restated |         |
|:-------------------------------------|:----|:-----------------------|--------:|:----|:------------|-------:|:----|:------------|--------:|
| Outstanding principal balance        |     | $                      | 1,188.0 |     | $           | -143.9 |     | $           | 1,044.1 |

Fair Value

The following tables present the effect of the restatement on the Company’s previously reported Level 3 assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs within Note 6 - Fair Value for the three and nine months ended September 30, 2024 (in thousands):

| Three months ended September 30, 2024 |     | Loans held for investment 
 As Previously Reported    |          |     | Adjustments |         |     | As Restated |          |     | Loans held for investment, subject to nonrecourse debt 
 As Previously Reported                                 |          |     | Adjustments |         |     | As Restated |          |
|:--------------------------------------|:----|:--------------------------|---------:|:----|:------------|--------:|:----|:------------|---------:|:----|:-------------------------------------------------------|---------:|:----|:------------|--------:|:----|:------------|---------:|
| Total gain included in earnings       |     | $                         |  487,239 |     | $           |  53,768 |     | $           |  541,007 |     | $                                                      |  483,014 |     | $           |  24,694 |     | $           |  507,708 |
| Purchases and additions               |     |                           |  718,300 |     |             |  -3,234 |     |             |  715,066 |     |                                                        |    8,844 |     |             |       — |     |             |    8,844 |
| Sales and settlements                 |     |                           | -494,834 |     |             | -50,534 |     |             | -545,368 |