Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 102

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 102
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 to individual segments based on the estimated value of services performed, total revenue contributions, personnel headcount, or the equity invested in each segment based on the type of expense allocated. The allocation methodology is reviewed annually. There were no changes to methodology during the three and six months ended June 30, 2025 and 2024. Expenses for enterprise-level general overhead, such as executive administration, are not allocated to the business segments.

Retirement Solutions Segment

The following table summarizes our Retirement Solutions segment’s results (in thousands):  

For the three months ended June 30, 2025For the three months ended June 30, 2024For the six months ended June 30, 2025For the six months ended June 30, 2024Net origination gains$56,058 $40,260 $102,096 $79,917 Fee income6,289 6,894 11,972 12,946 Total revenues62,347 47,154 114,068 92,863 Total expenses51,974 48,835 100,436 98,245 Other, net— — — (174)NET INCOME (LOSS) BEFORE INCOME TAXES$10,373 $(1,681)$13,632 $(5,556)

Key Metrics

The following table provides a summary of our Retirement Solutions segment’s key metrics (in thousands, except units):

For the three months ended June 30, 2025For the three months ended June 30, 2024For the six months ended June 30, 2025For the six months ended June 30, 2024Reverse mortgage loan origination volumeLoan origination volume(1)$602,279 $446,561 $1,162,957 $870,014 Loan origination volume - tails(2)229,260 247,392 465,780 509,096 Total loan origination volume$831,539 $693,953 $1,628,737 $1,379,110 Total reverse mortgage loan origination volume - units(1)2,488 2,169 4,772 4,205 Reverse mortgage loan origination volume - by channel(1)TPO$398,489 $257,588 $783,045 $514,774 Retail203,790 188,973 379,912 355,