Finance of America Companies Inc.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 13, 2026
FOA$11.65-7.9%Stored close · as of Nov 10, 2026
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Item 15. Exhibits and Financial Statement Schedules
(a) The following documents are filed as a part of this Annual Report on Form 10-K:
(1) Financial Statements - our consolidated financial statements are included in Part II, Item 8.
(2) Financial Statement Schedules - all financial statement schedules have been omitted because they are not applicable, not material, or because the information required is already included in the consolidated financial statements or the notes thereto.
(3) Exhibits - the exhibits listed below are filed as part of this Annual Report on Form 10-K or are incorporated herein by reference, in each case as indicated below.
| Incorporated by Reference · Filed or Furnished Herewith | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Description · Form · Exhibit · Filing Date | |||||
| 2.1 | Transaction Agreement, dated as of October 12, 2020, by and among Replay Acquisition Corp., Finance of America Equity Capital LLC, Finance of America Companies Inc., RPLY Merger Sub LLC, RPLY BLKR Merger Sub LLC, Blackstone Tactical Opportunities Fund (Urban Feeder) – NQ L.P., Blackstone Tactical Opportunities Associates – NQ L.L.C., the Sellers identified therein, and the Seller Representatives identified therein. | 8-K | 2.1 | 4/7/2021 | |
| 2.2 | Letter Agreement, dated April 1, 2021, by and among the Seller Representatives identified therein and Replay Acquisition Corp. | 8-K | 2.2 | 4/7/2021 | |
| 2.3 | Letter Agreement, dated April 5, 2021, by and among the Seller Representatives identified therein, Replay Acquisition LLC, and Finance of America Equity Capital LLC. | 8-K | 2.3 | 4/7/2021 | |
| 2.4 | Letter Agreement, dated March 31, 2021, by and among Libman Family Holdings, LLC, The Mortgage Opportunity Group LLC, BTO Urban Holdings L.L.C., BTO Urban Holdings II L.P., and Blackstone Family Tactical Opportunities Investment Partnership – NQ – ESC L.P. | 8-K | 2.4 | 4/7/2021 | |
| 3.1 | Amended and Restated Certificate of Incorporation of Finance of America Companies Inc. | 8-K | 3.2 | 4/7/2021 | |
| 3.2 | Certificate of Amendment to Amended and Restated Certificate of Incorporation of Finance of America Companies Inc. | 8-K | 3.1 | 7/26/2024 | |
| 3.3 | Certificate of Designations Designating the Series A Convertible Perpetual Preferred Stock | 8-K | 3.1 | 12/17/2025 | |
| 3.4 | Amended and Restated Bylaws of Finance of America Companies Inc. | 8-K | 3.3 | 4/7/2021 | |
| 4.1 | Specimen Warrant Certificate (included in Exhibit 4.2). | 8-K | 4.1 | 4/7/2021 | |
| 4.2 | Assignment, Assumption and Amendment Agreement, dated as of April 1, 2021, by and among Replay Acquisition Corp., Finance of America Companies Inc., and Continental Stock Transfer & Trust Company. | 8-K | 4.2 | 4/7/2021 | |
| 4.3 | Warrant Agreement, dated as of April 3, 2019, between Continental Stock Transfer & Trust Company and Replay Acquisition Corp. | 8-K | 4.3 | 4/7/2021 | |
| 4.4 | Description of Capital Stock | X | |||
| 4.5 | Indenture, dated as of October 31, 2024, by and among Finance of America Funding LLC, Finance of America Equity Capital LLC, as parent guarantor, the other guarantors party thereto, Finance of America Companies Inc., and U.S. Bank Trust Company, National Association, as trustee and collateral trustee, relating to Finance of America Funding LLC’s 7.875% Senior Secured Notes due 2026. | 8-K | 4.2 | 11/4/2024 |
| 4.6 | Form of Note Relating to Finance of America Funding LLC’s 7.875% Senior Secured Notes due 2026 (included in Exhibit 4.5). | 10-K | 4.9 | 3/14/2025 |
| 4.7 | First Supplemental Indenture, dated as of October 21, 2025, by and among Finance of America Funding LLC, Finance of America Equity Capital LLC, as parent guarantor, the other guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee and collateral trustee, relating to Finance of America Funding LLC’s 7.875% Senior Secured Notes due 2026. | 8-K | 4.1 | 10/21/2025 |
| 4.8 | Indenture, dated as of October 31, 2024, by and among Finance of America Funding LLC, Finance of America Equity Capital LLC, as parent guarantor, the other guarantors party thereto, Finance of America Companies Inc., and U.S. Bank Trust Company, National Association, as trustee and collateral trustee, relating to Finance of America Funding LLC’s 10.000% Exchangeable Senior Secured Notes due 2029. | 8-K | 4.3 | 11/4/2024 |
| 4.9 | Form of Note Relating to Finance of America Funding LLC’s 10.000% Exchangeable Senior Secured Notes due 2029 (included in Exhibit 4.8). | 10-K | 4.11 | 3/14/2025 |
| 4.10 | First Supplemental Indenture, dated as of October 21, 2025, by and among Finance of America Funding LLC, Finance of America Equity Capital LLC, as parent guarantor, the other guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee and collateral trustee, relating to Finance of America Funding LLC’s 10.000% Exchangeable Senior Secured Notes due 2029. | 8-K | 4.2 | 10/21/2025 |
| 4.11 | Registration Rights Agreement, dated as of October 31, 2024, by and among Finance of America Companies Inc., Finance of America Funding LLC, and U.S. Bank Trust Company, National Association, as trustee. | 8-K | 4.4 | 11/4/2024 |
| 4.12 | Form of unsecured convertible promissory note (included as Annex A to Exhibit 10.21). | 8-K | 4.1 | 8/5/2025 |
| 10.1 | Amended and Restated Sponsor Agreement, dated as of October 12, 2020, by and among Replay Acquisition Corp., Finance of America Companies Inc., Finance of America Equity Capital LLC, Replay Sponsor, LLC, and the initial shareholders specified therein. | 8-K | 10.1 | 4/7/2021 |
| 10.2 | Stockholders Agreement, dated as of April 1, 2021, by and among Finance of America Companies Inc. and certain pre-closing equityholders of Finance of America Equity Capital LLC specified therein. | 8-K | 10.2 | 4/7/2021 |
| 10.3 | Registration Rights Agreement, dated as of April 1, 2021, by and among Finance of America Companies Inc. and the principal stockholders specified therein. | 8-K | 10.3 | 4/7/2021 |
| 10.4 · Second Amended and Restated Limited Liability Company Agreement, dated as of December 15, 2025, of Finance of America Equity Capital LLC. · X | ||||
|---|---|---|---|---|
| 10.5 | Exchange Agreement, dated as of April 1, 2021, by and among Finance of America Companies Inc., Finance of America Equity Capital LLC, and the holders of Finance of America Equity Capital LLC Class A LLC Units specified therein. | 8-K | 10.5 | 4/7/2021 |
| 10.6 | Tax Receivable Agreement, dated April 1, 2021, by and among Finance of America Companies Inc., the BL Investors specified therein, and the other parties thereto. | 8-K | 10.7 | 4/7/2021 |
| 10.7 | Form of Subscription Agreement. | 8-K | 10.11 | 4/7/2021 |
| 10.8† | Amended and Restated UFG Holdings LLC Management Long-Term Incentive Plan. | 8-K | 10.8 | 4/7/2021 |
| 10.9† | Form of Indemnification Agreement. | 8-K | 10.9 | 4/7/2021 |
| 10.10† | Finance of America Companies Inc. 2021 Omnibus Incentive Plan. | 8-K | 10.10 | 4/7/2021 |
| 10.10.1† | Form of Restricted Stock Unit Agreement under the Finance of America Companies Inc. 2021 Omnibus Incentive Plan. | 10-Q | 10.11 | 8/16/2021 |
| 10.10.2† | Form of Executive Officer Restricted Stock Unit Agreement under the Finance of America Companies Inc. 2021 Omnibus Incentive Plan | 10-K | 10.10.2 | 3/15/2022 |
| 10.10.3† | Form of Non-Employee Director Restricted Stock Unit Agreement under the Finance of America Companies Inc. 2021 Omnibus Incentive Plan. | 10-K | 10.10.3 | 3/15/2022 |
| 10.10.4† | Salary Continuation Agreement, dated December 3, 2015, by and between UFG Holdings LLC and its subsidiaries and Jeremy Prahm. | 8-K | 10.13 | 4/7/2021 |
| 10.10.5† | Form of Restricted Stock Unit Agreement under the Finance of America Companies Inc. 2021 Omnibus Incentive Plan (Replacement RSUs) (included in Exhibit 10.8). | 8-K | 10.14 | 4/7/2021 |
| 10.10.6† | Form of Option Grant Notice and Option Agreement under the Finance of America Companies Inc. 2021 Omnibus Incentive Plan (Class A LLC Units). | 10-Q | 10.1 | 11/8/2024 |
| 10.10.7† | Form of Option Grant Notice and Option Agreement under the Finance of America Companies Inc. 2021 Omnibus Incentive Plan (Class A Common Stock). | 10-Q | 10.7 | 11/13/2025 |
| 10.10.8† | Form of Class B Unit Grant Notice and Class B Unit Agreement under the Finance of America Companies Inc. 2021 Omnibus Incentive Plan. | 10-Q | 10.9 | 11/13/2025 |
| 10.11† | First Amended Finance of America Companies Inc. Employee Stock Purchase Plan, dated August 15, 2022. | 10-Q | 10.2 | 11/9/2022 |
| 10.11.1† | Amendment No. 1 to the First Amended Finance of America Companies Inc. Employee Stock Purchase Plan, dated as of August 10, 2023. | S-8 | 4.4 | 8/18/2023 |
| 10.12 | Asset Purchase Agreement, dated as of December 6, 2022, by and among Finance of America Reverse LLC, Finance of America Equity Capital LLC, Finance of America Companies Inc., American Advisors Group, and, for the limited purposes described therein, Reza Jahangiri. | 10-K | 10.16 | 3/16/2023 |
| 10.13 | Stock Purchase Agreement, dated as of December 6, 2022, by and among Finance of America Companies Inc. and each of BTO Urban Holdings L.L.C., Blackstone Family Tactical Opportunities Investment Partnership – NQ – ESC L.P., and BTO Urban Holdings II L.P. | 10-K | 10.17 | 3/16/2023 | |
| 10.14 | Stock Purchase Agreement, dated as of December 6, 2022, by and between Finance of America Companies Inc. and Libman Family Holdings, LLC. | 10-K | 10.18 | 3/16/2023 | |
| 10.15 | Servicing Rights Purchase and Sale Agreement, dated as of December 6, 2022, by and between Finance of America Reverse LLC, as Purchaser, and American Advisors Group, as Seller. | 10-K | 10.19 | 3/16/2023 | |
| 10.16 | Loan Sale Agreement, dated as of December 6, 2022, by and between Finance of America Reverse LLC, as Purchaser, and American Advisors Group, as Seller. | 10-K | 10.20 | 3/16/2023 | |
| 10.17 | Amendment Agreement, dated as of March 31, 2023, by and among Finance of America Companies Inc., Finance of America Equity Capital LLC, Finance of America Reverse LLC, American Advisors Group and, for the limited purposes described therein, Reza Jahangiri. | 8-K | 2.6 | 4/3/2023 | |
| 10.18 | Equity Matters Agreement, dated as of March 31, 2023, by and among Finance of America Companies Inc., Finance of America Equity Capital LLC, and American Advisors Group. | 8-K | 10.1 | 4/3/2023 | |
| 10.19 | Pledge and Security Agreement, dated as of October 31, 2024, by and among Finance of America Funding LLC, U.S. Bank Trust Company, National Association, as collateral trustee, and the other grantors party thereto. | 8-K | 10.1 | 11/4/2024 | |
| 10.20 | First Amendment to Pledge and Security Agreement, dated as of August 4, 2025, by and among Finance of America Funding LLC, U.S. Bank Trust Company, National Association, as collateral trustee, and the other grantors party thereto (with conformed Pledge and Security Agreement annexed thereto). | 8-K | 10.4 | 8/5/2025 | |
| 10.21 | Form of Convertible Note Purchase Agreement. | 8-K | 10.2 | 8/5/2025 | |
| 10.22†† | Asset Purchase Agreement, dated as of November 17, 2025, by and between PHH Mortgage Corporation and Finance of America Reverse LLC. | X | |||
| 10.23†† | Reverse Mortgage Servicing Rights Purchase and Sale Agreement, dated as of November 17, 2025, by and between PHH Mortgage Corporation and Finance of America Reverse LLC. | X | |||
| 10.24 | Investment Agreement, dated as of December 11, 2025, between Finance of America Companies Inc. and the Investors listed on Schedule A thereto. | 8-K | 10.1 | 12/15/2025 | |
| 10.25 | Registration Rights Agreement, dated as of December 15, 2025, by and among Finance of America Companies Inc. and ACM ASOF IX Master HoldCo 2 LLC and Blue Owl Alternative Credit Alameda LP. | 8-K | 10.1 | 12/17/2025 | |
| 19.1 | Securities Trading Policy of Finance of America Companies Inc. | 10-K | 19.1 | 3/14/2025 | |
| 21.1 | Subsidiaries of the Registrant | X | |||
| 23.1 | Consent of BDO USA, P.C. | X | |||
| 31.1 · Certificate of Graham A. Fleming, Chief Executive Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. · X | |||||
|---|---|---|---|---|---|
| 31.2 · Certificate of Matthew A. Engel, Chief Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. · X | |||||
| 32.1 · Certificate of Graham A. Fleming, Chief Executive Officer, pursuant to Section 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. · X | |||||
| 32.2 · Certificate of Matthew A. Engel, Chief Financial Officer, pursuant to Section 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. · X | |||||
| 97.1 | Incentive Compensation Clawback Policy of Finance of America Companies Inc. | 10-K | 97.1 | 3/15/2024 | |
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | X | |||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. | X | |||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. | X | |||
| 101.DEF | Inline XBRL Taxonomy Definition Linkbase Document. | X | |||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. | X | |||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. | X | |||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | X | |||
| † | Management contract or compensatory plan or arrangement. | ||||
| †† | Confidential portions have been omitted. | ||||
Certain agreements and other documents filed as exhibits to this Form 10-K contain representations and warranties that the parties thereto made to each other. These representations and warranties have been made solely for the benefit of the other parties to such agreements and may have been qualified by certain information that has been disclosed to the other parties to such agreements and other documents and that may not be reflected in such agreements and other documents. In addition, these representations and warranties may be intended as a way of allocating risks among parties if the statements contained therein prove to be incorrect, rather than as actual statements of fact. Accordingly, there can be no reliance on any such representations and warranties as characterizations of the actual state of facts. Moreover, information concerning the subject matter of any such representations and warranties may have changed since the date of such agreements and other documents.
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