Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000044
Chunk: 98

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 98
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1)              |     |       |    435,744 |     |                  |         — |     |       |   435,744 |     |       |       — |     |                   |         — |
| Operating leases              |     |       |     38,258 |     |                  |     5,321 |     |       |    10,087 |     |       |   7,167 |     |                   |    15,683 |
| Total                         |     | $     | 10,389,653 |     | $                | 2,852,399 |     | $     | 5,125,125 |     | $     | 926,890 |     | $                 | 1,485,239 |

(1) The $350 million aggregate principal amount of the 2025 Unsecured Notes due November 15, 2025 were exchanged subsequent to the balance sheet date. Refer to Note 21 - Subsequent Events in the Notes to Condensed Consolidated Financial Statements for additional information.

In addition to the above contractual obligations, we have also been involved with several securitizations of HECM loans, which were structured as secured borrowings. These structures resulted in us carrying the securitized loans in the Condensed Consolidated Statements of Financial Condition and recognizing the asset-backed certificates acquired by third parties as HMBS related obligations. The timing of the principal payments on this nonrecourse debt is dependent on the payments received on the underlying mortgage loans and liquidation of real estate owned properties. The outstanding principal balance of loans held for investment, subject to HMBS related obligations, was $17.5 billion as of September 30, 2024.

The Company’s TRA obligation will require payments to be made that may be significant and are not reflected in the contractual obligations tables set forth above.

#### CRITICAL ACCOUNTING ESTIMATES
For a description of our critical accounting estimates, see the Form 10-K filed with the SEC on March 15, 2024.

## Item 3. Quantitative and Qualitative Disclosures About Market Risk
Our principal market risk is interest rate risk, primarily to changes in long-term Treasury rates and mortgage interest rates due to their impact on mortgage-related assets. Changes in short-term interest rates will also have an impact on our financing lines of credit.

#### Interest Rate Risk
Changes in interest rates will, in general, impact our operating segments as follows:

Retirement Solutions

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