Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001828937-25-000033
Chunk: 24

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 1
Chunk 24
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 rate(1.3)% - 15.6%7.1 %(1.3)% - 15.3%7.3 %

23

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

March 31, 2025December 31, 2024Instrument / Unobservable InputsRangeWeighted AverageRangeWeighted AverageLiabilitiesHMBS related obligationsWAL (in years)NM3.9NM3.8CPRNM24.5 %NM24.8 %Discount rateNM4.8 %NM5.2 %Nonrecourse debt:Reverse mortgage loans:Securitized non-agency reverseWAL (in years)0.5 - 10.83.80.1 - 10.93.7CPR11.1% - 23.3%16.1 %NM17.3 %Discount rateNM6.6 %NM6.7 %Performing/Nonperforming HECM securitizationsWAL (in years)NM0.8NM1.0CPRNM18.8 %NM18.6 %Discount rateNM7.7 %NM7.5 %Nonrecourse commercial loan financing liabilityWeighted average SMMNM100.0 %NM65.4 %Discount rateNM8.5 %NM8.6 %Deferred purchase price liabilities:TRA obligationDiscount rateNM31.1 %NM28.1 %

24

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

Fair Value of Assets and LiabilitiesThe following tables provide a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis (in thousands):March 31, 2025Total Fair ValueLevel 1Level 2Level 3AssetsLoans held for investment, subject to HMBS related obligations$18,809,023 $— $— $18,809,023 Loans held for investment, subject to nonrecourse debt:Reverse mortgage loans9,615,239 — — 9,615,239 Commercial mortgage loans14,911 — — 14,911 Loans held for investment634,104 — — 634,104 Other assets:Retained bonds40,334 — — 40,334 Loans held for