Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 63

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 63
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$— $18,444,370 Nonrecourse debt8,954,068 — — 8,954,068 Deferred purchase price liabilities:Deferred purchase price liabilities13,370 — — 13,370 TRA obligation3,314 — — 3,314 Total liabilities$27,415,122 $— $— $27,415,122 

25

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

Level 3 assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (in thousands):AssetsThree months ended June 30, 2025Loans held for investmentLoans held for investment, subject to nonrecourse debtLoans held for sale - reverse mortgage loansRetained bondsBeginning balance$19,443,127 $9,630,150 $— $40,334 Total gain included in earnings324,063 314,315 — 223 Purchases, settlements, and transfers:Purchases and additions844,057 5,821 — — Sales and settlements(714,439)(275,741)— (837)Transfers in (out) between categories(403,653)213,947 180,899 — Ending balance$19,493,155 $9,888,492 $180,899 $39,720 LiabilitiesThree months ended June 30, 2025HMBS related obligationsNonrecourse debtDeferred purchase price liabilitiesTRA obligationBeginning balance$(18,590,357)$(9,163,399)$(7,592)$(4,555)Total loss included in earnings(241,104)(196,840)(736)(556)Purchases, settlements, and transfers:Purchases and additions(531,180)(776,367)— — Settlements719,547 710,412 — — Ending balance$(18,643,094)$(9,426,194)$(8,328)$(5,111)AssetsSix months ended June 30, 2025Loans held for investmentLoans held for investment, subject to nonrecourse debtLoans held for sale - reverse mortgage loansRetained bondsBeginning balance$19,190,065 $9,288,403 $— $40,407 Total gain included in earnings706,232 572,218