Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 70

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 70
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$17,885,855 $17,652,495 Loans held for investment, subject to nonrecourse debt:Non-agency reverse mortgages9,429,198 8,567,792 Performing HECM buyouts207,854 210,041 Nonperforming HECM buyouts353,719 408,614 Total loans held for investment, subject to nonrecourse debt9,990,771 9,186,447 Loans held for investment:Non-agency reverse mortgages87,574 270,956 HECM loans not securitized(1)121,768 101,100 Unpoolable HECM loans(2)179,869 131,671 Total loans held for investment(3)389,211 503,727 Other assets:Loans held for sale(3)52,862 — Total owned loan portfolio28,318,699 27,342,669 Loans reclassified as government guaranteed receivable48,141 45,773 Loans serviced for others235,997 88,125 Total serviced loan portfolio$28,602,837 $27,476,567 (1)  HECM loans not securitized primarily represent newly originated loans and poolable tails.(2) Unpoolable HECM loans primarily represent loans that have reached 98% of their maximum claim amount (“MCA”).(3) As of September 30, 2025 and December 31, 2024, there was $355.8 million and $451.3 million, respectively, in UPB in loans pledged as collateral for financing lines of credit.

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

The following table presents our owned loan portfolio by mortgage rate type (in thousands): September 30, 2025December 31, 2024Adjustable rate loans$20,575,443 $19,966,185 Fixed rate loans7,743,256 7,376,484 Total owned loan portfolio$28,318,699 $27,342,669 As of September 30, 2025 and December 31, 2024, there were $534.5 million and $497.6 million, respectively, of foreclosure proceedings in process, which are included in Loans held for investment, subject to HMBS related obligations