Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 79

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 79
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 (Unaudited)

For the three months ended June 30, 2024Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $478,091 $478,091 $— $— $478,091 Interest expense— (412,618)(412,618)— — (412,618)Net portfolio interest income— 65,473 65,473 — — 65,473 Other income (expense)Net origination gains40,260 — 40,260 — — 40,260 Gain on securitization of HECM tails, net— 11,031 11,031 — — 11,031 Fair value changes from model amortization— (47,813)(47,813)— — (47,813)Fair value changes from market inputs or model assumptions— 11,260 11,260 — — 11,260 Net fair value changes on loans and related obligations40,260 (25,522)14,738 — — 14,738 Fee income6,894 1,325 8,219 — (123)8,096 Non-funding interest expense, net— — — (9,268)— (9,268)Net other income (expense)47,154 (24,197)22,957 (9,268)(123)13,566 Total revenues47,154 41,276 88,430 (9,268)(123)79,039 ExpensesSalaries, benefits, and related expenses20,949 3,929 24,878 10,175 — 35,053 Loan production and portfolio related expenses1,100 4,562 5,662 — — 5,662 Loan servicing expenses— 7,632 7,632 — — 7,632 Marketing and advertising expenses10,676 24 10,700 6 — 10,706 Depreciation and amortization9,426 15 9,441 312 — 9,753 General and administrative expenses6,684 3,600 10,284 6,080 (123)16,241 Total expenses48,835 19,762 68,