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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022
--- | --- | ---
Pledged assets included in cash and cash equivalents |  | $ 866,501 | $ 1,424,160 |
Pledged assets in securities | [1] | 69,860,730 | 65,789,907 | [2]
Pledged assets in loans, net | [3] | 1,793,140 | 1,809,832 | [2]
Pledged assets included in mortgage servicing rights |  | $ 2,234,813 | $ 1,748,209 | [2]
Preferred stock, par value (USD per share) |  | $ 0.01 | $ 0.01 |
Preferred stock authorized (shares) |  | 63,500,000 | 63,500,000 |
Preferred stock issued (shares) |  | 63,500,000 | 63,500,000 |
Preferred stock outstanding (shares) |  | 63,500,000 | 63,500,000 |
Common stock, par value (USD per share) |  | $ 0.01 | $ 0.01 |
Common stock authorized (shares) |  | 1,468,250,000 | 2,936,500,000 |
Common stock issued (shares) |  | 494,814,038 | 468,309,810 |
Common stock outstanding (shares) |  | 494,814,038 | 468,309,810 |
Residential Mortgage Loans |  |  |  |
Loans held-for-sale |  | $ 1,100 | $ 1,300 |
Consolidated VIEs |  |  |  |
Cash and Cash Equivalents, at Carrying Value |  | 3,600 | 2,200 |
Consolidated VIEs | Non-Agency Mortgage-Backed Securities |  |  |  |
Mortgage-backed securities |  | 1,300,000 | 1,000,000 |
Asset Pledged as Collateral |  |  |  |
Pledged assets in securities |  | 65,884,416 | 60,660,121 |
Pledged assets in loans, net |  | 1,649,034 | 1,653,464 |
Pledged assets included in mortgage servicing rights |  | $ 1,135,798 | $ 684,703 |
[1] | (3)Excludes $1.3 billion and $1.0 billion at September 30, 2023 and December 31, 2022, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition.
[2] | (1)Derived from the audited consolidated financial statements at December 31, 2022.
[3] | (4)Includes $1.1 million and $1.3 million of residential mortgage loans held for sale at September 30, 2023 and December 31, 2022, respectively.

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