Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000042
Chunk: 70

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 70
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 retail production mix associated with the onboarding of our retail platform acquired from AAG/Bloom.

• Fee income decreased $0.2 million primarily due to fees associated with the previous operations of the home improvement lending business, partially offset by higher reverse loan origination fees generated through our retail platform acquired from AAG/Bloom.

• Loss on sale and other income from loans held for sale, net, improved $3.5 million due to lower losses related to the previous operations of the home improvement lending business.

#### Expenses
In the table below is a summary of the components of our Retirement Solutions segment’s total expenses (in thousands):

|                                                |     |   | For the three months ended June 30, 2024 |     |   | For the three months ended June 30, 2023 |     |   | For the six months ended June 30, 2024 |     |   | For the six months ended June 30, 2023 |
|:-----------------------------------------------|:----|:--|-----------------------------------------:|:----|:--|-----------------------------------------:|:----|:--|---------------------------------------:|:----|:--|---------------------------------------:|
| Salaries                                       |     | $ |                                   13,693 |     | $ |                                   18,328 |     | $ |                                 27,603 |     | $ |                                 29,492 |
| Commissions and bonuses                        |     |   |                                    4,085 |     |   |                                    6,247 |     |   |                                  8,810 |     |   |                                 10,632 |
| Other salary related expenses                  |     |   |                                    3,171 |     |   |                                    1,737 |     |   |                                  5,669 |     |   |                                  3,916 |
| Total salaries, benefits, and related expenses |     |   |                                   20,949 |     |   |                                   26,312 |     |   |                                 42,082 |     |   |                                 44,040 |
| Loan production expenses                       |     |   |                                    1,100 |     |   |                                    2,530 |     |   |                                  4,181 |     |   |                                  3,822 |
| Marketing and advertising expenses             |     |   |                                   10,676 |     |   |                                    8,678 |     |   |                                 19