Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000042
Chunk: 37

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 37
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 10:1        |         |     | 3.3:1             |         |     |                                   | 297,445 |

(1) The Maximum Allowable Distribution for any of the originations subsidiaries is the lowest of the amounts shown for the particular originations subsidiary.

#### 48
| Finance of America Companies Inc.                                
 Notes to Condensed Consolidated Financial Statements (Unaudited) |

12. Payables and Other Liabilities

Payables and other liabilities related to continuing operations consisted of the following (in thousands).

|                                            |     |   | June 30, 2024 |     |   | December 31, 2023 |
|:-------------------------------------------|:----|:--|--------------:|:----|:--|------------------:|
| Accrued and other liabilities              |     | $ |        99,367 |     | $ |            93,318 |
| Lease liabilities                          |     |   |        29,113 |     |   |            31,250 |
| Ginnie Mae reverse mortgage buyout payable |     |   |        10,158 |     |   |            67,991 |
| Deferred purchase price liabilities(1)     |     |   |         9,407 |     |   |            12,780 |
| Accrued compensation expense               |     |   |         9,112 |     |   |            13,080 |
| Warrant liability (Note 6 - Fair Value)    |     |   |           116 |     |   |             1,150 |
| Total payables and other liabilities       |     | $ |       157,273 |     | $ |           219,569 |

(1) As of June 30, 2024 and December 31, 2023, the Company had deferred purchase price liabilities of $ 5.7million and $ 8.1million, respectively, related to the closing of the AAG Transaction. Refer to Note 3 - Acquisitions for additional detail.

13. Litigation

The Company’s business is subject to legal proceedings, examinations, investigations, and reviews by various federal, state, and local regulatory and enforcement agencies as well as private litigants such as the Company’s borrowers or former employees. At any point in time, the Company may have open investigations with regulators or enforcement agencies, including examinations and inquiries related to its loan servicing and origination practices