Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 93

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 8
Chunk 93
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%Other assets:Retained bondsWAL (in years)NM3.52.3 - 23.44.9Discount rate(1.3)% - 15.3%7.3 %(31.2)% - 12.3%6.7 %LiabilitiesHMBS related obligationsWAL (in years)NM3.8NM4.1CPRNM24.8 %NM23.8 %Discount rateNM5.2 %NM5.0 %Nonrecourse debt:Reverse mortgage loans:Securitized non-agency reverseWAL (in years)0.1 - 10.93.70.8 - 11.24.5CPRNM 17.3 %10.6% - 22.3%14.7 %Discount rateNM6.7 %NM7.0 %Performing/Nonperforming HECM securitizationsWAL (in years)NM1.0NM0.9CPRNM18.6 %21.5% - 22.3%21.9 %Discount rateNM7.5 %NM10.0 %

132

Finance of America Companies Inc.Notes to Consolidated Financial Statements

December 31, 2024December 31, 2023Instrument / Unobservable InputsRangeWeighted AverageRangeWeighted AverageNonrecourse commercial loan financing liabilityWeighted average SMMNM65.4 %NM33.3 %Discount rateNM8.6 %NM9.1 %Deferred purchase price liabilitiesTRA obligationDiscount rateNM28.1 %NM33.0 %Fair Value of Assets and LiabilitiesThe following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis (in thousands):December 31, 2024Total Fair ValueLevel 1Level 2Level 3AssetsLoans held for investment, subject to HMBS related obligations$18,669,962 $— $— $18,669,962 Loans held for investment, subject to nonrecourse debt:Reverse mortgage loans9,268,866 — — 9,268,866 Commercial mortgage loans19,537 — — 19,537 Loans held for investment:Reverse mortgage loans519,948 — — 519,948 Commercial mortgage loans155 — —