Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000044
Chunk: 20

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 20
---
 Company’s activities. The change primarily consists of disaggregating the Company’s previously reported net fair value gains (losses) on loans and related obligations caption into the currently presented captions of interest income, interest expense, net origination gains, gain on securitization of HECM tails, net, fair value changes from model amortization, and fair value changes from market inputs or model assumptions. Additionally, previously reported interest income and interest expense, which primarily represented the Company’s interest income on mortgage loans held for sale and other interest income and the Company’s interest expense associated with the Company’s other financing lines of credit, was combined with the interest income and interest expense that was previously reported within net fair value gains (losses) on loans and related obligations, excluding non-portfolio interest income and the interest expense associated with the Company’s non-funding debt, which is now reported separately as non-funding interest expense, net. As a result of the change, the Company’s previously reported revenues have been recast to reflect the updated presentation as follows:

#### 22
| Finance of America Companies Inc.                                
 Notes to Condensed Consolidated Financial Statements (Unaudited) |

Reconciliation of the previously reported Condensed Consolidated Statements of Operations captions to the current presentation:

| For the three months ended September 30, 2023               |     | Total |          |     | Net fair value losses on loans and related obligations |          |     | Fee income |        |     | Loss on sale and other income from loans held for sale, net |        |     | Interest income |       |     | Interest expense |         |
|:------------------------------------------------------------|:----|:------|---------:|:----|:-------------------------------------------------------|---------:|:----|:-----------|-------:|:----|:------------------------------------------------------------|-------:|:----|:----------------|------:|:----|:-----------------|--------:|
| Finance of America Companies Inc. as previously reported    |     | $     |  -70,440 |     | $                                                      |  -53,135 |     | $          | 13,201 |     | $                                                           | -6,984 |     | $               | 4,443 |     | $                | -27,965 |
| Reconciliation to current presentation:                     |     |       |          |     |                                                        |          |     |            |        |     |                                                             |        |     |                 |       |     |                  |