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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 893,383 $ 722,293
Restricted cash 64,307 66,806
Mortgage loans held for sale, at fair value 8,438,714 7,343,475
Mortgage servicing rights (“MSRs”), at fair value 6,669,939 6,946,940
Notes receivable and due from affiliates 8,073 10,796
Property and equipment, net of accumulated depreciation and amortization of $486,940 and $463,262, respectively 267,320 274,192
Deferred tax asset, net 541,248 537,963
Lease right of use assets 391,897 366,189
Loans subject to repurchase right from Ginnie Mae 1,626,587 1,642,392
Goodwill and intangible assets, net 1,253,309 1,258,928
Other assets 860,289 799,159
Total assets 21,202,279 20,082,212
Liabilities    
Funding facilities 5,236,034 3,548,699
Other financing facilities and debt    
Senior Notes, net 4,029,339 4,027,970
Early buy out facility 423,831 672,882
Accounts payable 135,039 116,331
Lease liabilities 448,331 422,769
Forward commitments, at fair value 87,918 25,117
Investor reserves 107,134 110,147
Notes payable and due to affiliates 30,451 33,463
Tax receivable agreement liability 577,996 613,693
Loans subject to repurchase right from Ginnie Mae 1,626,587 1,642,392
Other liabilities 390,274 393,200
Total liabilities 13,092,934 11,606,663
Equity    
Additional paid-in capital 294,718 276,221
Retained earnings 280,997 300,394
Accumulated other comprehensive (loss) income (32) 69
Non-controlling interest 7,533,642 7,898,845
Total equity 8,109,345 8,475,549
Total liabilities and equity 21,202,279 20,082,212
Class A common stock    
Equity    
Common stock 1 1
Class B common stock    
Equity    
Common stock 0 0
Class C common stock    
Equity    
Common stock 0 0
Class D common stock    
Equity    
Common stock 19 19
IRLCs    
Assets    
Derivatives, at fair value 182,112 90,635
Forward commitments    
Assets    
Derivatives, at fair value $ 5,101 $ 22,444