Company: FOACW
Filing Date: 2025-05-23
Form Type: 10-Q/A
Source: 0001828937-25-000044
Chunk: 72

Company: Finance of America Companies Inc.
Filing Date: 2025-05-23
Form: 10-Q/A
Chunk 72
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124,480 |     | $ |                                      252,573 |     | $ |                                     -193,431 |

Our Portfolio Management segment generates its revenues primarily from the net interest income and fair value changes on portfolio assets, monetized by securitization, sale, or other financing of those assets.

Net fair value changes in our Portfolio Management segment include fair value adjustments primarily related to the following assets and liabilities:

• Loans held for investment, subject to HMBS related obligations, at fair value

• Loans held for investment, subject to nonrecourse debt, at fair value

• Loans held for investment, at fair value

#### 73
• Loans held for sale, at fair value

• HMBS related obligations, at fair value; and

• Nonrecourse debt, at fair value.

### KEY METRICS
The following table provides a summary of the assets and liabilities under management by our Portfolio Management segment (in thousands) :

|                                                                               |     |   | September 30, 2024 |     |   | December 31, 2023 |
|:------------------------------------------------------------------------------|:----|:--|-------------------:|:----|:--|------------------:|
| Cash and cash equivalents                                                     |     | $ |             28,797 |     | $ |            32,245 |
| Restricted cash                                                               |     |   |            175,855 |     |   |           178,319 |
| Loans held for investment, subject to HMBS related obligations, at fair value |     |   |         18,521,337 |     |   |        17,548,763 |
| Loans held for investment, subject to nonrecourse debt, at fair value         |     |   |          9,097,369 |     |   |         8,272,393 |
| Loans held for investment, at fair value                                      |     |   |            703,356 |     |   |           575,228 |
| Other assets, net                                                             |     |   |            131,952 |     |   |           166,153 |
| Total earning assets                                                          |     |   |         28,658,666 |     |   |        26,773,101 |
| HMBS related obligations, at fair value                                       |     |   |         18,292,043 |     |   |        17,353,720 |
| Nonrecourse debt, at fair value