Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 128

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 128
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   |                                      |
| Total loan origination volume                            |     | $ |                                  807 |     | $ |                              146,696 |
| Total loan origination volume - units                    |     |   |                                   36 |     |   |                               11,606 |

(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.

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

|                                                             |     |   | For the year ended December 31, 2024 |     |   | For the year ended December 31, 2023 |
|:------------------------------------------------------------|:----|:--|-------------------------------------:|:----|:--|-------------------------------------:|
| Net origination gains:                                      |     |   |                                      |     |   |                                      |
| TPO                                                         |     | $ |                              147,961 |     | $ |                              108,016 |
| Retail                                                      |     |   |                               81,026 |     |   |                               58,412 |
| Acquisition costs                                           |     |   |                              -49,150 |     |   |                              -44,782 |
| Total net origination gains                                 |     |   |                              179,837 |     |   |                              121,646 |
| Fee income                                                  |     |   |                               26,553 |     |   |                               33,167 |
| Loss on sale and other income from loans held for sale, net |     |   |                                  -76 |     |   |                               -6,303 |
| Total revenues                                              |     | $ |                              206,314 |     | $ |                              148,510 |

For the year ended December 31, 2024 versus the year ended December 31, 2023

Total revenues increased $57.8 million or 38.9% as a result of the following:

• Net origination gains increased $58.2 million or 47.8% as a result of higher reverse mortgage loan origination volumes and higher margins associated with the increase in volumes from our retail platform acquired from AAG/Bloom. We originated $1.9 billion of reverse mortgage loans for the year ended December 31, 2024,