Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001828937-25-000033
Chunk: 41

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 1
Chunk 41
---
(14,912)Net other income (expense)51,721 58,574 110,295 (14,912)(123)95,260 Total revenues51,721 129,009 180,730 (14,912)(123)165,695 ExpensesSalaries, benefits, and related expenses21,852 3,632 25,484 8,446 — 33,930 Loan production and portfolio related expenses1,526 9,804 11,330 — — 11,330 Loan servicing expenses— 7,741 7,741 — — 7,741 Marketing and advertising expenses10,730 — 10,730 1 — 10,731 Depreciation and amortization9,330 18 9,348 310 — 9,658 General and administrative expenses5,024 2,536 7,560 5,542 (123)12,979 Total expenses48,462 23,731 72,193 14,299 (123)86,369 Other, net— — — 2,367 — 2,367 Net income (loss) before taxes$3,259 $105,278 $108,537 $(26,844)$— $81,693 Total assets$263,599 $29,417,568 $29,681,167 $1,338,448 $(1,332,695)$29,686,920 

38

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

For the three months ended March 31, 2024Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $463,979 $463,979 $— $— $463,979 Interest expense— (393,804)(393,804)— — (393,804)Net portfolio interest income— 70,175 70,175 — — 70,175 Other income (expense)Net origination gains39,657 — 39,657 — — 39,657 Gain on securitization of HECM tails, net— 10,726 10,726 — — 10,726 Fair value