Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 66

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 66
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30, 2025December 31, 2024Fair ValueUPBFair ValueUPBAssetsLoans held for investment, subject to HMBS related obligations$18,858,220 $17,817,676 $18,669,962 $17,652,495 Loans held for investment, subject to nonrecourse debt9,888,492 9,528,735 9,288,403 9,218,697 Loans held for investment634,935 588,440 520,103 503,949 Other assets:Loans held for sale - reverse mortgage loans180,899 162,349 — — Loans held for sale - residential mortgage loans523 685 3,454 4,331 LiabilitiesHMBS related obligations18,643,094 17,817,676 18,444,370 17,652,495 Nonrecourse debt9,426,194 9,738,998 8,954,068 9,363,919 The tables below show the total amount of loans held for investment and held for sale that were greater than 90 days past due and on non-accrual status (in thousands): June 30, 2025UPBFair ValueDifferenceLoans held for investment, subject to nonrecourse debt$12,412 $275 $(12,137)Loans held for investment11,323 9,319 (2,004)Other assets:Loans held for sale - residential mortgage loans685 523 (162)Total loans 90 days or more past due and on non-accrual status$24,420 $10,117 $(14,303)December 31, 2024UPBFair ValueDifferenceLoans held for investment, subject to nonrecourse debt$32,067 $19,362 $(12,705)Loans held for investment222 155 (67)Other assets:Loans held for sale - residential mortgage loans1,605 1,284 (321)Total loans 90 days or more past due and on non-accrual status$33,894 $20,801 $(13,093)Fair Value of Other Financial InstrumentsAs of June 30, 2025 and December 31, 2024, all financial instruments were either recorded at fair value or the carrying value approximated fair value with