Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 249

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 249
---
 million, respectively, of foreclosure proceedings in process, which are included in Loans held for investment, subject to HMBS related obligations, at fair value, Loans held for investment, subject to nonrecourse debt, at fair value, or Loans held for investment, at fair value, in the Consolidated Statements of Financial Condition, and $7.1 million and $46.2 million, respectively, of foreclosure proceedings in process, which are included in loans serviced for others in the table above.

8.    Loans, at Fair ValueLoans held for investment and held for sale consisted of the following (in thousands):

137

Finance of America Companies Inc.Notes to Consolidated Financial Statements

December 31, 2024Unpaid Principal BalanceFair Value AdjustmentsEstimated Fair ValueLoans held for investment, subject to HMBS related obligations$17,652,495 $1,017,467 $18,669,962 Loans held for investment, subject to nonrecourse debt:Reverse mortgage loans9,186,447 82,419 9,268,866 Commercial mortgage loans32,250 (12,713)19,537 Total loans held for investment, subject to nonrecourse debt9,218,697 69,706 9,288,403 Loans held for investment(1):Reverse mortgage loans503,727 16,221 519,948 Commercial mortgage loans222 (67)155 Total loans held for investment503,949 16,154 520,103 Other assets:Loans held for sale - residential mortgage loans4,331 (877)3,454 Total loan portfolio$27,379,472 $1,102,450 $28,481,922 (1) As of December 31, 2024, there was $451.3 million in UPB in loans held for investment pledged as collateral for financing lines of credit. December 31, 2023Unpaid Principal BalanceFair Value AdjustmentsEstimated Fair ValueLoans held for investment, subject to HMBS related obligations$16,875,437 $673,326 $17,548,763 Loans held for investment, subject to nonrecourse debt:Reverse mortgage loans8,257,750 (119,347)8,138,403 Commercial mortgage loans136,622 (2,632)133,990 Total loans held for investment, subject to nonrec