Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 245

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 245
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036)(922,355)(5,516)(3,206)Transfers in (out) between categories(1,301,561)1,324,091 — — Ending balance$19,190,065 $9,288,403 $— $40,407 

134

Finance of America Companies Inc.Notes to Consolidated Financial Statements

LiabilitiesYear ended December 31, 2024HMBS related obligationsNonrecourse debt in consolidated VIE trusts and reverse loan financing liability Nonrecourse commercial loan financing liabilityDeferred purchase price liabilitiesTRA obligationBeginning balance$(17,353,720)$(7,876,932)$(27,268)$(4,318)$(4,537)Total gain (loss) included in earnings(1,340,956)(428,840)10,245 (9,189)1,223 Purchases, settlements, and transfers:Purchases and additions(2,003,170)(1,462,646)— — — Settlements2,253,476 817,973 13,400 137 — Ending balance$(18,444,370)$(8,950,445)$(3,623)$(13,370)$(3,314)AssetsYear ended December 31, 2023Loans held for investmentLoans held for investment, subject to nonrecourse debtLoans held for saleMSRRetained bondsPurchase commitmentsBeginning balance$12,022,098 $7,454,638 $161,861 $95,096 $46,439 $9,356 Total gain (loss) included in earnings1,003,208 506,993 (2,253)(2,582)847 — Purchases, settlements, and transfers:Purchases and additions8,640,881 76,031 40,468 405 — — Sales and settlements(1,927,773)(1,349,682)(218,238)(86,483)(2,989)(9,356)Transfers in (out) between categories(1,614,423)1,584,413 18,162 — — — Ending balance$18,123,991 $8,272,393 $— $6,436 $44,297 $— LiabilitiesYear ended December 31, 2023HMBS related obligations