Finance of America Companies Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

General and Administrative Expenses (Tables)

General and Administrative Expenses (Tables)

12 Months Ended

Dec. 31, 2021

General and Administrative Expense [Abstract]

Summary of General and Administrative Expenses

General and administrative expenses consisted of the following (in thousands):


		April 1, 2021 to December 31, 2021				January 1, 2021 to March 31, 2021				For the year ended December 31, 2020				For the year ended December 31, 2019
		Successor				Predecessor
Title and closing		$	86,627			$	25,061			$	64,252			$	26,217
Loan origination expenses			52,741				20,503				60,980				43,928
Depreciation and amortization			50,005				3,484				13,871				13,108
Loan portfolio expenses			46,838				15,200				43,599				34,096
Communications and data processing			40,626				11,324				34,254				26,227
Securitization expenses			32,787				6,944				31,216				12,850
Business development			30,833				10,607				37,456				27,177
Licensing and insurance			9,563				2,487				6,321				6,542
Other expenses			42,242				31,577				103,922				66,072

Total general and administrative expenses		$	392,262			$	127,187			$	395,871			$	256,217