Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 201

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 201
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 and amortization38,947 47,545 Impairment of intangibles and other assets891 13,751 Deferred income taxes(2,411)678 Change in fair value of deferred purchase price liabilities7,966 552 Loss on investments— 16,845 Equity-based compensation8,812 24,667 Originations/purchases of loans held for sale(9,877)(211,485)Proceeds from sale of loans held for sale10,971 530,529 Gain on extinguishment of debt(56,193)— Changes in operating assets and liabilities:Other assets, net33,437 33,759 Payables and accrued expenses(92,563)(31,825)Other operating activities, net8,650 (1,557)Net cash used in operating activities(423,815)(71,568)Investing Activities(1)Purchases and originations of loans held for investment(2,894,673)(3,053,899)Proceeds/payments received on loans held for investment2,120,036 1,927,773 Purchases and originations of loans held for investment, subject to nonrecourse debt(41,134)(76,031)Proceeds/payments on loans held for investment, subject to nonrecourse debt922,355 1,349,682 Proceeds on sale of MSR5,516 85,628 Acquisition of American Advisors Group net assets— (140,854)Proceeds from sale of businesses (net of cash transferred)3,000 71,166 Other investing activities, net(298)(5,328)Net cash provided by investing activities114,802 158,137 Financing Activities(1)Proceeds from issuance of HMBS related obligations2,003,170 2,140,795 Payments on HMBS related obligations(2,253,476)(1,924,130)Proceeds from issuance of nonrecourse debt1,462,646 1,728,914 Payments on nonrecourse debt(831,373)(1,597,531)Proceeds from other financing lines of credit5,832,530 4,592,432 Payments on other financing lines of credit(5,842,762)(5,119,322)Changes in notes payable25,825 12,340 Issuance of Class A Common Stock— 30,000 Other financing