Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 10

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 2
Chunk 10
---
 segments.

Retirement Solutions Segment

The following table summarizes our Retirement Solutions segment’s results (in thousands):  

For the three months ended June 30, 2025For the three months ended June 30, 2024For the six months ended June 30, 2025For the six months ended June 30, 2024Net origination gains$56,058 $40,260 $102,096 $79,917 Fee income6,289 6,894 11,972 12,946 Total revenues62,347 47,154 114,068 92,863 Total expenses51,974 48,835 100,436 98,245 Other, net— — — (174)NET INCOME (LOSS) BEFORE INCOME TAXES$10,373 $(1,681)$13,632 $(5,556)

Key Metrics

The following table provides a summary of our Retirement Solutions segment’s key metrics (in thousands, except units):

For the three months ended June 30, 2025For the three months ended June 30, 2024For the six months ended June 30, 2025For the six months ended June 30, 2024Reverse mortgage loan origination volumeLoan origination volume(1)$602,279 $446,561 $1,162,957 $870,014 Loan origination volume - tails(2)229,260 247,392 465,780 509,096 Total loan origination volume$831,539 $693,953 $1,628,737 $1,379,110 Total reverse mortgage loan origination volume - units(1)2,488 2,169 4,772 4,205 Reverse mortgage loan origination volume - by channel(1)TPO$398,489 $257,588 $783,045 $514,774 Retail203,790 188,973 379,912 355,240 Total reverse mortgage loan origination volume$602,279 $446,561 $1,162,957 $870,014 

(1) Loan origination volumes consist of initial reverse mortgage loan borrowing amounts.

(2) Tails consist of subsequent borrower draws, mortgage insurance premiums, service fees, and other advances, which we are able to subsequently securitize.

51

Revenues