Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 242

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 242
---
20.7 %NM16.5 %Loss rateNM7.5 %NM1.0 %Loans held for investment:Non-agency reverse mortgage loansWAL (in years)NM10.5NM12.1LTV5.9% - 70.6%35.1 %3.9% - 53.8%33.8 %CPRNM16.2 %NM14.4 %Loss severityNM10.0 %NM10.0 %HPA(5.6)% - 8.3%3.5 %(9.8)% - 7.6%3.1 %Discount rateNM7.1 %NM6.9 %HECM buyouts (nonperforming)WAL (in years)NM1.5NM1.5CPRNM43.8 %NM41.5 %Loss frequencyNM47.9 %NM48.2 %Loss severity3.4% - 15.9%10.5 %3.4% - 12.8%5.1 %Discount rateNM8.0 %NM8.6 %Commercial mortgage loansSMMNMNMNM73.6 %CDRNMNMNM25.6 %Discount rateNMNM9.6% - 20.0%13.2 %Other assets:Retained bondsWAL (in years)NM3.52.3 - 23.44.9Discount rate(1.3)% - 15.3%7.3 %(31.2)% - 12.3%6.7 %LiabilitiesHMBS related obligationsWAL (in years)NM3.8NM4.1CPRNM24.8 %NM23.8 %Discount rateNM5.2 %NM5.0 %Nonrecourse debt:Reverse mortgage loans:Securitized non-agency reverseWAL (in years)0.1 - 10.93.70.8 - 11.24.5CPRNM 17.3 %10.6% - 22.3%14.7 %Discount rateNM6.7 %NM7.0 %Performing/Nonperforming HECM securitizationsWAL (in years)NM1.0NM0.9CPRNM18