Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 127

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 127
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 the home improvement lending business. This transaction closed on September 15, 2023. In connection with such transaction, the Company began the process of winding down the operations of the home improvement lending business, which was substantially complete as of March 31, 2024. As of March 31, 2024, there were no loans in the home improvement lending pipeline. The wind-down of the home improvement lending business was not considered by the Company to be a strategic shift that has had or will have a major effect on our operations and financial results. Therefore, the previous operations of the home improvement lending business are reported as part of the Company’s Retirement Solutions segment rather than as discontinued operations.

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#### Key Metrics
The following table provides a summary of our Retirement Solutions segment’s key metrics (in thousands, except units):

|                                                          |     |   | For the year ended December 31, 2024 |     |   | For the year ended December 31, 2023 |
|:---------------------------------------------------------|:----|:--|-------------------------------------:|:----|:--|-------------------------------------:|
| Reverse mortgage loan origination volume                 |     |   |                                      |     |   |                                      |
| Loan origination volume(1)                               |     | $ |                            1,917,298 |     | $ |                            1,615,133 |
| Loan origination volume - tails(2)                       |     |   |                            1,022,379 |     |   |                            1,041,470 |
| Total loan origination volume                            |     | $ |                            2,939,677 |     | $ |                            2,656,603 |
| Total reverse mortgage loan origination volume - units   |     |   |                                8,995 |     |   |                                8,763 |
| Reverse mortgage loan origination volume - by channel(1) |     |   |                                      |     |   |                                      |
| TPO                                                      |     | $ |                            1,159,382 |     | $ |                              982,687 |
| Retail                                                   |     |   |                              757,916 |     |   |                              632,446 |
| Total reverse mortgage loan origination volume           |     | $ |                            1,917,298 |     | $ |                            1,615,133 |
| Home improvement loan origination volume                 |     |   |                                      |     |