Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 114

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 114
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, at fair value10,476,941 9,288,403 Loans held for investment, at fair value407,964 520,103 Other assets, net179,392 115,120 Total earning assets30,361,529 28,877,278 HMBS related obligations, at fair value18,758,558 18,444,370 Nonrecourse debt, at fair value10,155,869 8,954,068 Other financing lines of credit809,363 918,247 Payables and other liabilities42,163 55,746 Total financing of portfolio29,765,953 28,372,431 Net carrying value of earning assets$595,576 $504,847 

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Key Metrics

The following tables provide a summary of our Portfolio Management segment’s key metrics (dollars in thousands):

September 30, 2025December 31, 2024Reverse Mortgage LoansActive unpaid principal balance (“UPB”)$27,481,599$26,477,354Due and payable488,301415,400Foreclosure540,092504,675Claims pending92,84579,138Ending UPB$28,602,837$27,476,567Loan count88,88390,340Average UPB$322$304Weighted average coupon6.99 %7.11 %Weighted average age (in months)4945Percentage of UPB in foreclosure1.9 %1.8 %

Three months endedNine months endedSeptember 30,September 30,2025202420252024Capital Markets TransactionsNumber of securitizations2 1 5 5 Notes issued$3,205,566 $839,432 $4,938,824 $2,146,095 

Revenues

The following table provides a summary of the components of our Portfolio Management segment’s total revenues (in thousands):

Three months endedNine months endedSeptember 30,September 30,2025202420252024Portfolio interest income:Interest income$482,132 $489,900 $1,444,534 $1,431,970 Interest expense(404,031)(426,839)(1,236,534)(1,233,261)Net portfolio interest income78,101 63,061 208,000 198,709 Other income (expense):Gain on securitization of H