Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000044
Chunk: 77

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 77
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 September 30, 2024 compared to the 2023 period.

#### Expenses
In the table below is a summary of the components of our Portfolio Management segment’s total expenses (in thousands):

|                                                |     |   | For the three months ended September 30, 2024 |     |   | For the three months ended September 30, 2023 |     |   | For the nine months ended September 30, 2024 |     |   | For the nine months ended September 30, 2023 |
|:-----------------------------------------------|:----|:--|----------------------------------------------:|:----|:--|----------------------------------------------:|:----|:--|---------------------------------------------:|:----|:--|---------------------------------------------:|
| Salaries                                       |     | $ |                                         2,697 |     | $ |                                         3,263 |     | $ |                                        8,560 |     | $ |                                       12,947 |
| Commissions and bonuses                        |     |   |                                           116 |     |   |                                         1,202 |     |   |                                        1,750 |     |   |                                        3,587 |
| Other salary related expenses                  |     |   |                                           274 |     |   |                                           771 |     |   |                                        1,770 |     |   |                                        2,358 |
| Total salaries, benefits, and related expenses |     |   |                                         3,087 |     |   |                                         5,236 |     |   |                                       12,080 |     |   |                                       18,892 |
| Loan portfolio related expenses                |     |   |                                         4,696 |     |   |                                         4,018 |     |   |                                       14,790 |     |   |                                       15,122 |
| Loan servicing expenses                        |     |   |                                         7,772 |     |   |                                         8,000 |     |   |                                       23,622 |     |   |                                       23,274 |
| Marketing and advertising expenses             |     |   |                                             1 |     |   |                                             1 |     |   |                                           40 |     |   |                                           13 |
| Depreciation and amortization                  |     |   |                                            41 |     |   |                                            30 |     |   |                                           64 |     |   |                                           78 |