Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 12

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 2
Chunk 12
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 table provides a summary of our Retirement Solutions segment’s key metrics (in thousands, except units):

Three months endedNine months endedSeptember 30,September 30,2025202420252024Reverse mortgage loan origination volumeLoan origination volume(1)$602,888 $513,355 $1,765,845 $1,383,369 Loan origination volume - tails(2)237,902 251,690 703,682 760,786 Total loan origination volume$840,790 $765,045 $2,469,527 $2,144,155 Total reverse mortgage loan origination volume - units(1)2,441 2,390 7,213 6,595 Reverse mortgage loan origination volume - by channel(1)TPO$406,133 $321,044 $1,189,178 $835,818 Retail196,755 192,311 576,667 547,551 Total reverse mortgage loan origination volume$602,888 $513,355 $1,765,845 $1,383,369 

(1) Loan origination volumes consist of initial reverse mortgage loan borrowing amounts.

(2) Tails consist of subsequent borrower draws, mortgage insurance premiums, service fees, and other advances, which we are able to subsequently securitize.

Revenues

The following table provides a summary of the components of our Retirement Solutions segment’s total revenues (in thousands):

Three months endedNine months endedSeptember 30,September 30,2025202420252024Net origination gains:TPO$54,956 $49,188 $151,919 $112,005 Retail24,632 21,461 64,847 59,785 Acquisition costs(19,655)(13,433)(54,737)(34,657)Total net origination gains59,933 57,216 162,029 137,133 Fee income8,186 7,247 20,158 20,193 Total revenues$68,119 $64,463 $182,187 $157,326 

For the three months ended September 30, 2025 versus the three months ended September 30, 2024

Total revenues increased $3.7 million or 5.7% as a result of the following:

•Net origination gains increased