Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 210

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 210
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 Value

HMBS related obligations, at fair value, consisted of the following (in thousands):

|                                               |     |   | December 31, 2024 |     |     |   | December 31, 2023 |     |
|:----------------------------------------------|:----|:--|------------------:|----:|:----|:--|------------------:|----:|
| Ginnie Mae loan pools - UPB                   |     | $ |        17,652,495 |     |     | $ |        16,875,437 |     |
| Fair value adjustments                        |     |   |           791,875 |     |     |   |           478,283 |     |
| Total HMBS related obligations, at fair value |     | $ |        18,444,370 |     |     | $ |        17,353,720 |     |
| WAL (in years)                                |     |   |                   | 3.8 |     |   |                   | 4.1 |
| Weighted average interest rate                |     |   |               6.2 |   % |     |   |               6.6 |   % |

T he Company was servicing 2,835and 2,552Ginnie Mae loan pools at December 31, 2024 and December 31, 2023, respectively.

13. Nonrecourse Debt, at Fair Value

Nonrecourse debt, at fair value, consisted of the following (in thousands):

| Securitization of non-agency reverse loans               |     | Issue Date               
 May 2018 - December 2024 |     | Final Maturity Date      
 May 2050 - December 2074 |     | Interest Rate 
 1.25% -4.50%  |     | Original Issue Amount | 10,124,527 |     | December 31, 2024 | 8,304,568 |     | December 31, 2023 | 7,331,305 |        |
|:---------------------------------------------------------|:----|:-------------------------|:----|:-------------------------|:----|:--------------|:----|:----------------------|-----------:|:----|:------------------|----------:|:----|:------------------|----------:|-------:|
| Securitization of performing/nonperforming HECM loans(1) |     | October 2024