Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 81

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 81
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,015 20,792 — — 20,792 Loan servicing expenses— 15,266 15,266 — — 15,266 Marketing and advertising expenses22,987 — 22,987 9 — 22,996 Depreciation and amortization18,657 34 18,691 621 — 19,312 General and administrative expenses10,810 5,330 16,140 10,265 (246)26,159 Total expenses100,436 46,002 146,438 29,237 (246)175,429 Other, net— — — (3,994)— (3,994)Net income (loss) before taxes$13,632 $213,382 $227,014 $(63,366)$— $163,648 Total assets$269,423 $29,907,328 $30,176,751 $1,304,444 $(1,335,010)$30,146,185 

38

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

For the six months ended June 30, 2024Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $942,070 $942,070 $— $— $942,070 Interest expense— (806,422)(806,422)— — (806,422)Net portfolio interest income— 135,648 135,648 — — 135,648 Other income (expense)Net origination gains79,917 — 79,917 — — 79,917 Gain on securitization of HECM tails, net— 21,757 21,757 — — 21,757 Fair value changes from model amortization— (105,421)(105,421)— — (105,421)Fair value changes from market inputs or model assumptions— 24,822 24,822 — — 24,822 Net fair value changes on loans and related obligations79,917 (58,842)21,075 — — 21,075 Fee income12,946 1,718 14,664 — (246)14