Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000042
Chunk: 18

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 18
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     |                 |     — |     |                  |       — |
| Non-funding interest expense, net                           |     |       |  -14,567 |     |                                                       |        — |     |            |      — |     |                                                             |       — |     |                 |   621 |     |                  | -15,188 |
| NET OTHER INCOME (EXPENSE)                                  |     |       |  -98,698 |     |                                                       |  -87,827 |     |            | 20,176 |     |                                                             | -16,480 |     |                 |   621 |     |                  | -15,188 |
| TOTALS                                                      |     | $     |   28,958 |     | $                                                     |   83,261 |     | $          | 20,176 |     | $                                                           | -16,480 |     | $               | 5,291 |     | $                | -63,290 |

#### 24
| Finance of America Companies Inc.                                
 Notes to Condensed Consolidated Financial Statements (Unaudited) |

Accounting Policy Updates for Changes in Condensed Consolidated Statements of Operations Presentation

Loans Held for Investment, Subject to HMBS Related Obligations, at Fair Value, Loans Held for Investment, Subject to Nonrecourse Debt, at Fair Value, and Loans Held for Investment, at Fair Value

The yield recognized on loans held for investment, subject to HMBS related obligations, loans held for investment, subject to nonrecourse debt, and loans held for investment is recorded in interest income in the Condensed Consolidated Statements of Operations and includes the recognition of interest income that is expected to be collected based on the stated interest rates of the loans. The difference between the cost basis of newly originated or acquired loans and their estimated fair value is recognized in the net origination gains component of net fair value changes on loans and related obligations in the Condensed Consolidated Statements of Operations. Certain HECM and non-agency reverse mortgage loans originated or acquired by the Company include broker compensation or correspondent fees. These premiums are remitted to the mortgage broker or correspondent lender who acted as the intermediary for the reverse mortgage. Broker compensation and correspondent fees are recorded on a net basis in net origination gains and therefore are not separately presented in the Condensed Consolidated Statements of Operations. Through the servicing of HECM loans, the Company generates tails. Tails consist of subsequent borrower draws, mortgage insurance premiums,