XML 107 R88.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Business Segment Information - Schedule of Financial Results (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
segment
Mar. 31, 2023
USD ($)
Segment Reporting Information [Line Items]    
Net interest income (expense) $ 402,718 $ 236,010
Noninterest income (expense) 242,277 236,148
Total net revenue $ 644,995 472,158
Number of reportable segments | segment 3  
Reportable Segments Total(1)    
Segment Reporting Information [Line Items]    
Net interest income (expense) $ 386,750 259,084
Noninterest income (expense) 188,643 236,985
Total net revenue 575,393 496,069
Servicing rights – change in valuation inputs or assumptions (5,226) (12,084)
Residual interests classified as debt – change in valuation inputs or assumptions 73 89
Directly attributable expenses (294,605) (283,554)
Contribution profit (loss) 275,635 200,520
Intercompany expenses 7,001 3,741
Reportable Segments Total(1) | Lending    
Segment Reporting Information [Line Items]    
Net interest income (expense) 266,536 201,047
Noninterest income (expense) 63,940 136,034
Total net revenue 330,476 337,081
Servicing rights – change in valuation inputs or assumptions (5,226) (12,084)
Residual interests classified as debt – change in valuation inputs or assumptions 73 89
Directly attributable expenses (117,604) (115,188)
Contribution profit (loss) 207,719 209,898
Reportable Segments Total(1) | Technology Platform    
Segment Reporting Information [Line Items]    
Net interest income (expense) 501 0
Noninterest income (expense) 93,865 77,887
Total net revenue 94,366 77,887
Servicing rights – change in valuation inputs or assumptions 0 0
Residual interests classified as debt – change in valuation inputs or assumptions 0 0
Directly attributable expenses (63,624) (63,030)
Contribution profit (loss) 30,742 14,857
Reportable Segments Total(1) | Financial Services    
Segment Reporting Information [Line Items]    
Net interest income (expense) 119,713 58,037
Noninterest income (expense) 30,838 23,064
Total net revenue 150,551 81,101
Servicing rights – change in valuation inputs or assumptions 0 0
Residual interests classified as debt – change in valuation inputs or assumptions 0 0
Directly attributable expenses (113,377) (105,336)
Contribution profit (loss) 37,174 (24,235)
Corporate/Other    
Segment Reporting Information [Line Items]    
Net interest income (expense) 15,968 (23,074)
Noninterest income (expense) 53,634 (837)
Total net revenue $ 69,602 $ (23,911)