Quarterly report pursuant to Section 13 or 15(d)

Other Financing Lines of Credit - Additional Information (Details)

Other Financing Lines of Credit - Additional Information (Details) - Line of Credit [Member]
3 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Financing line of credit outstanding, Weighted average interest rate 2.74% 2.75%
Financing line of credit Instrument, Covenant Description The Company’s borrowing arrangements and credit facilities contain various financial covenants which primarily relate to required tangible net worth amounts, liquidity reserves, leverage requirements, and profitability requirements.  
Financing line of credit, Covenant Compliance The terms of the Company’s financing arrangements and credit facilities contain covenants, and the terms of the Company’s GSE/seller servicer contracts contain requirements that may restrict the Company and its subsidiaries from paying distributions to its members. These restrictions include restrictions on paying distributions whenever the payment of such distributions would cause FoA or its subsidiaries to no longer be in compliance with any of its financial covenants or GSE requirements. Further, the Company is generally prohibited under Delaware law from making a distribution to a member to the extent that, at the time of the distribution, after giving effect to the distribution, liabilities of the Company (with certain exceptions) exceed the fair value of its assets. Subsidiaries of the Company are generally subject to similar legal limitations on their ability to make distributions to FoA.