Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 48

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 48
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,359 Proceeds on sale of mortgage servicing rights (“MSR”)— 5,516 Proceeds from sale of businesses— 3,000 Other investing activities, net(2,694)(166)Net cash provided by investing activities183,472 251,797 Financing ActivitiesProceeds from issuance of HMBS related obligations997,188 971,926 Payments on HMBS related obligations(1,335,250)(1,039,423)Proceeds from issuance of nonrecourse debt1,557,268 1,058,107 Payments on nonrecourse debt(1,434,891)(1,160,573)Proceeds from other financing lines of credit2,683,000 2,745,746 Payments on other financing lines of credit(2,524,813)(2,593,381)Changes in notes payable— 27,047 Other financing activities, net(2,728)(3,146)Net cash provided by (used in) financing activities(60,226)6,303 Effect of exchange rate changes on cash and cash equivalents(7)(47)Net increase (decrease) in cash and cash equivalents and restricted cash(65,316)21,812 Cash and cash equivalents and restricted cash, beginning of period301,968 224,801 Cash and cash equivalents and restricted cash, end of period$236,652 $246,613 Cash and cash equivalents$46,476 $46,509 Restricted cash190,176 200,104 Total cash and cash equivalents and restricted cash, end of period$236,652 $246,613 Supplementary Cash Flows InformationCash paid for interest$356,379 $178,646 Loans transferred to loans held for sale, at fair value, from loans held for investment, subject to nonrecourse debt, at fair value133,534 — Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value 47,365 5,424 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited)

15

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

1.    Organization and Description of BusinessFinance of America Companies Inc. (“we,” “us,” “our,” “FOA,” or the “Company”) is a financial services holding company which, through its operating subsidiaries