Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 82

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 82
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 Further, the Company determined that the future sources of taxable income from reversing temporary differences that comprise the investment in FOA Equity deferred tax liability would only be fully realized upon sale of FOA’s interest in FOA Equity. Accordingly, the deferred tax liability from investment in FOA Equity has been treated as an indefinite-lived intangible and is limited by the federal net operating loss utilization rules.Tax positions taken in tax years that remain open under the statute of limitations will be subject to examinations by tax authorities. With few exceptions, the Company is no longer subject to state or local examinations by tax authorities for tax years ended December 31, 2020 or prior.The One Big Beautiful Bill Act (the “Act”) was signed into law on July 4, 2025, introducing tax law changes with various effective dates. The provisions in the Act do not have a material impact on our condensed consolidated financial statements.

37

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

14.    Business Segment ReportingThe following tables are a presentation of financial information by segment (in thousands):

For the three months ended September 30, 2025Retirement Solutions Portfolio ManagementTotal Reportable SegmentsCorporate and OtherEliminationsTotalPortfolio interest incomeInterest income$— $482,132 $482,132 $— $— $482,132 Interest expense— (404,031)(404,031)— — (404,031)Net portfolio interest income— 78,101 78,101 — — 78,101 Other income (expense)Net origination gains59,933 — 59,933 — — 59,933 Gain on securitization of HECM tails, net— 11,654 11,654 — — 11,654 Fair value changes from model amortization— (41,293)(41,293)— — (41,293)Fair value changes from market inputs or model assumptions— (21,872)(21,872)— — (21,872)Net fair value changes on loans and related obligations59,933 (51,511)8,422 — — 8,422 Fee income8,186 750 8,936 — (123)8,813 Non-funding interest expense, net— — — (14,488)— (14,488)Net