Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 85

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 85
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$1,444,534 $— $— $1,444,534 Interest expense— (1,236,534)(1,236,534)— — (1,236,534)Net portfolio interest income— 208,000 208,000 — — 208,000 Other income (expense)Net origination gains162,029 — 162,029 — — 162,029 Gain on securitization of HECM tails, net— 32,990 32,990 — — 32,990 Fair value changes from model amortization— (117,705)(117,705)— — (117,705)Fair value changes from market inputs or model assumptions— 161,330 161,330 — — 161,330 Net fair value changes on loans and related obligations162,029 76,615 238,644 — — 238,644 Fee income20,158 2,109 22,267 — (369)21,898 Non-funding interest expense, net— — — (44,623)— (44,623)Net other income (expense)182,187 78,724 260,911 (44,623)(369)215,919 Total revenues182,187 286,724 468,911 (44,623)(369)423,919 ExpensesSalaries, benefits, and related expenses68,246 11,027 79,273 28,876 — 108,149 Loan production and portfolio related expenses4,398 41,921 46,319 — — 46,319 Loan servicing expenses— 23,434 23,434 — — 23,434 Marketing and advertising expenses34,217 — 34,217 10 — 34,227 Depreciation and amortization27,985 39 28,024 931 — 28,955 General and administrative expenses16,373 7,839 24,212 15,096 (369)38,939 Total expenses151,219 84,260 235,479 44,913 (369)280,023 Other, net— — — (8,803)— (8,803)Net income (loss)