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EXPENSES, REALIZED AND UNREALIZED GAINS (LOSSES), NET AND OTHER
9 Months Ended
Sep. 30, 2024
Other Income and Expenses [Abstract]  
EXPENSES, REALIZED AND UNREALIZED GAINS (LOSSES), NET AND OTHER EXPENSES, REALIZED AND UNREALIZED GAINS (LOSSES), NET AND OTHER
Other Revenues consists of the following:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Property and maintenance$30,281 $33,952 $92,617 $100,707 
Rental19,348 18,297 57,216 54,163 
Other7,583 8,070 22,227 22,802 
Total Other Revenues$57,212 $60,319 $172,060 $177,672 

General and Administrative expenses consists of the following:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Legal and professional$17,521 $35,348 $65,951 $65,447 
Loan origination19,726 11,929 52,702 33,280 
Occupancy15,968 13,004 49,250 40,981 
Subservicing16,905 31,483 54,023 109,370 
Loan servicing2,948 5,597 12,041 11,827 
Property and maintenance31,717 25,480 94,003 73,450 
Information technology48,367 36,034 137,568 111,698 
Other
54,894 31,816 146,825 94,035 
Total General and Administrative Expenses$208,046 $190,691 $612,363 $540,088 

Other Income (Loss)

The following table summarizes the components of other income (loss):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Real estate and other securities
$364,568 $(315,612)$173,626 $(354,339)
Residential mortgage loans and REO
12,569 (12,437)38,718 (4,463)
Derivative and hedging instruments
33,447 194,593 76,293 259,539 
Notes and bonds payable(21,343)3,840 (7,834)5,889 
Consolidated CFEs(A)
39,284 9,519 89,081 (5,198)
Other(B)
(15,572)5,948 (16,546)(4,950)
Realized and unrealized gains (losses), net$412,953 $(114,149)$353,338 $(103,522)
Other income (loss), net(3,432)6,888 23,536 (66,176)
Total Other Income (Loss)$409,521 $(107,261)$376,874 $(169,698)
(A)Includes change in the fair value of the consolidated CFEs’ financial assets and liabilities and related interest and other income.
(B)Includes excess MSRs, servicer advance investments, consumer loans, mortgage loans receivable and other.