XML 96 R74.htm IDEA: XBRL DOCUMENT v3.20.2
VARIABLE INTEREST ENTITIES Schedule of Financial Condition of VIEs Reflected in Consolidated Statements of Financial Condition (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents [1] $ 1,393,910 $ 1,850,729 [2]
Assets transferred or pledged to securitization vehicles 7,690,451 7,002,460 [2]
Mortgage servicing rights 227,400 378,078 [2]
Principal and interest receivable 300,089 449,906 [2]
Other assets 271,918 381,220 [2]
Total assets 93,458,653 130,295,081 [2]
Liabilities    
Other secured financing 1,538,996 4,455,700 [2]
Interest payable 180,943 476,335 [2]
Other liabilities 121,359 93,388 [2]
Total liabilities 79,661,050 114,498,737 [2]
Consolidated VIEs    
Assets    
Cash and cash equivalents 74,700 67,500
Consolidated VIEs | Commercial Trusts    
Assets    
Cash and cash equivalents 0 0
Loans 0 0
Assets transferred or pledged to securitization vehicles 2,150,623 2,345,120
Mortgage servicing rights 0 0
Principal and interest receivable 5,405 7,085
Other assets 0 0
Total assets 2,156,028 2,352,205
Liabilities    
Debt issued by securitization vehicles (non-recourse) 1,830,018 1,967,523
Other secured financing 0 0
Payable for unsettled trades 0 0
Interest payable 1,622 3,008
Other liabilities 0 0
Total liabilities 1,831,640 1,970,531
Consolidated VIEs | Residential Trusts    
Assets    
Cash and cash equivalents 0 0
Loans 0 0
Assets transferred or pledged to securitization vehicles 60,948 75,924
Mortgage servicing rights 0 0
Principal and interest receivable 364 408
Other assets 0 0
Total assets 61,312 76,332
Liabilities    
Debt issued by securitization vehicles (non-recourse) 43,408 57,905
Other secured financing 0 0
Payable for unsettled trades 0 0
Interest payable 104 137
Other liabilities 129 78
Total liabilities 43,641 58,120
Consolidated VIEs | MSR Silo    
Assets    
Cash and cash equivalents 74,654 67,455
Loans 61,147 66,722
Assets transferred or pledged to securitization vehicles 0 0
Mortgage servicing rights 227,400 378,078
Principal and interest receivable 0 0
Other assets 23,581 27,021
Total assets 386,782 539,276
Liabilities    
Debt issued by securitization vehicles (non-recourse) 0 0
Other secured financing 33,896 38,981
Payable for unsettled trades 11,720 18,364
Interest payable 0 0
Other liabilities 2,378 2,393
Total liabilities $ 47,994 $ 59,738
[1]
Includes cash of consolidated Variable Interest Entities (“VIEs”) of $74.7 million and $67.5 million at June 30, 2020 and December 31, 2019, respectively.
[2]
Derived from the audited consolidated financial statements at December 31, 2019.