Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 279

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 279
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 $84,398 $95,303 $(52,487)$— $42,816 Total assets$250,519 $28,877,278 $29,127,797 $1,343,803 $(1,317,561)$29,154,039 

159

Finance of America Companies Inc.Notes to Consolidated Financial Statements

For the year ended December 31, 2023Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $1,628,877 $1,628,877 $— $— $1,628,877 Interest expense— (1,360,998)(1,360,998)— — (1,360,998)Net portfolio interest income— 267,879 267,879 — — 267,879 Other income (expense)Net origination gains121,646 — 121,646 — — 121,646 Gain on securitization of HECM tails, net— 25,583 25,583 — — 25,583 Fair value changes from model amortization— (228,391)(228,391)— — (228,391)Fair value changes from market inputs or model assumptions— 58,696 58,696 — — 58,696 Net fair value changes on loans and related obligations121,646 (144,112)(22,466)— — (22,466)Fee income33,167 10,283 43,450 8,125 (8,125)43,450 Loss on sale and other income from loans held for sale, net(6,303)(18,691)(24,994)— — (24,994)Non-funding interest expense, net— — — (29,619)— (29,619)Net other income (expense)148,510 (152,520)(4,010)(21,494)(8,125)(33,629)Total revenues148,510 115,359 263,869 (21,494)(8,125)234,250 ExpensesSalaries, benefits, and related expenses96,574 19,874 116,448 61,871 — 178,319 Loan production and portfolio related