Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 62

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 62
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 Agreement obligationThe Repurchase Agreement obligation is measured based on the total consideration to be paid upon the closing of the Repurchase. Refer to Note 16 - Related Party Transactions for additional information. There was no obligation as of December 31, 2024.Level 2

23

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

Deferred purchase price liabilitiesAAG/BloomThese liabilities are measured based on the estimated amount of indemnified claims associated with the acquisition of certain assets and liabilities from American Advisors Group, now known as Bloom Retirement Holdings Inc. (“AAG/Bloom”), and the closing market price of the Company’s publicly-traded stock on the applicable date of the Condensed Consolidated Statements of Financial Condition. Level 3Tax Receivable Agreements (“TRA”) obligationThe fair value is derived through the use of a discounted cash flow (“DCF”) model. The significant unobservable assumptions used in the DCF include the ability to utilize tax attributes based on current tax forecasts, a constant U.S. federal income tax rate, and a discount rate.Level 3September 30, 2025December 31, 2024Instrument / Unobservable InputsRangeWeighted AverageRangeWeighted AverageAssetsLoans held for investment, subject to HMBS related obligationsWAL (in years)NM3.1NM3.0CPRNM21.0 %NM21.6 %Loss frequencyNM4.6 %NM4.4 %Loss severity5.8% - 15.8%5.8 %3.4% - 15.9% 3.5 %Average draw rateNM1.1 %NM1.1 %Discount rateNM4.7 %NM5.3 %Loans held for investment, subject to nonrecourse debt:Non-agency reverse mortgage loans - securitizedWAL (in years)NM9.7NM10.1LTVNM48.9 %0.0% - 98.0%47.2 %CPRNM15.0 %NM14.8 %Loss severityNM10.0 %NM10.0 %HPA(4.7)% - 5.7%3.7 %(5.6)% - 8.3%3.6 %Discount rateNM6.4 %NM7.0 %HECM buyouts - securitized (performing