Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 62

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 62
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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):June 30, 2025Total Fair ValueLevel 1Level 2Level 3AssetsLoans held for investment, subject to HMBS related obligations$18,858,220 $— $— $18,858,220 Loans held for investment, subject to nonrecourse debt9,888,492 — — 9,888,492 Loans held for investment634,935 — — 634,935 Other assets:Loans held for sale - reverse mortgage loans180,899 — — 180,899 Loans held for sale - residential mortgage loans523 — 523 — Retained bonds39,720 — — 39,720 Total assets$29,602,789 $— $523 $29,602,266 LiabilitiesHMBS related obligations$18,643,094 $— $— $18,643,094 Nonrecourse debt9,426,194 — — 9,426,194 Deferred purchase price liabilities:Deferred purchase price liabilities8,328 — — 8,328 TRA obligation5,111 — — 5,111 Total liabilities$28,082,727 $— $— $28,082,727 December 31, 2024Total Fair ValueLevel 1Level 2Level 3AssetsLoans held for investment, subject to HMBS related obligations$18,669,962 $— $— $18,669,962 Loans held for investment, subject to nonrecourse debt9,288,403 — — 9,288,403 Loans held for investment520,103 — — 520,103 Other assets:Loans held for sale - residential mortgage loans3,454 — 3,454 — Retained bonds40,407 — — 40,407 Total assets$28,522,329 $— $3,454 $28,518,875 LiabilitiesHMBS related obligations$18,444,370 $—