Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 65

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 65
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, and transfers:Purchases and additions(503,406)(528,610)— — Settlements556,684 542,468 137 — Ending balance$(17,980,232)$(8,050,708)$(1,834)$(3,703)AssetsSix months ended June 30, 2024Loans held for investmentLoans held for investment, subject to nonrecourse debtMSRRetained bondsBeginning balance$18,123,991 $8,272,393 $6,436 $44,297 Total gain (loss) included in earnings911,832 219,585 (920)(913)Purchases, settlements, and transfers:Purchases and additions1,345,758 22,236 — — Sales and settlements(1,084,082)(527,359)(5,516)(1,491)Transfers in (out) between categories(423,681)431,340 — — Ending balance$18,873,818 $8,418,195 $— $41,893 LiabilitiesSix months ended June 30, 2024HMBS related obligationsNonrecourse debtDeferred purchase price liabilitiesTRA obligationBeginning balance$(17,353,720)$(7,904,200)$(4,318)$(4,537)Total gain (loss) included in earnings(694,009)(248,974)2,347 834 Purchases, settlements, and transfers:Purchases and additions(971,926)(1,058,107)— — Settlements1,039,423 1,160,573 137 — Ending balance$(17,980,232)$(8,050,708)$(1,834)$(3,703)Fair Value OptionThe Company has elected to measure its loans held for investment, loans held for sale, HMBS related obligations, and nonrecourse debt at fair value under the fair value option. The Company elected to apply the provisions of the fair value option to these assets and liabilities in order to align financial reporting presentation with the Company’s 

27

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

operational and risk management strategies. Presented in the table below is the fair value and the unpaid principal balance (“UPB”) of financial assets and liabilities for which the Company has elected the fair value option (in thousands):June