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Segment Information - Statements of Income (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
segment
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting Information [Line Items]      
Interest income $ 1,331,219 $ 948,401 $ 466,087
Interest expense 903,228 557,617 212,005
Net interest income 427,991 390,784 254,082
Other revenue:      
Gain on sales, including fee-based services, net 72,522 55,816 123,037
Mortgage servicing rights 69,912 69,346 130,230
Servicing revenue 193,542 152,068 133,429
Amortization of MSRs (63,093) (59,876) (58,615)
Property operating income 5,708 1,877 185
Gain (loss) on derivative instruments, net 6,763 26,609 (2,684)
Other income (loss), net 7,667 (17,563) 7,566
Total other revenue 293,021 228,277 333,148
Other expenses:      
Employee compensation and benefits 159,788 161,825 171,796
Selling and administrative 51,260 53,990 45,575
Property operating expenses 5,897 2,136 718
Depreciation and amortization 9,743 8,732 7,215
Provision for loss sharing (net of recoveries) 15,695 1,862 (6,167)
Provision for credit losses (net of recoveries) 73,446 21,169 (21,113)
Litigation settlement   7,350  
Total other expenses 315,829 257,064 198,024
Income before extinguishment of debt, gain on real estate, income from equity affiliates and income taxes 405,183 361,997 389,206
Loss on extinguishment of debt (1,561) (4,933) (3,374)
Gain on sale of real estate 0 0 3,693
Income from equity affiliates 24,281 14,247 34,567
Provision for income taxes (27,347) (17,484) (46,285)
Net income 400,556 353,827 377,807
Preferred stock dividends 41,369 40,954 21,888
Net income attributable to noncontrolling interest 29,122 28,044 38,507
Net income attributable to common stockholders $ 330,065 284,829 317,412
Reporting segments | segment 2    
Operating segments | Structured Business      
Segment Reporting Information [Line Items]      
Interest income $ 1,279,433 903,622 427,039
Interest expense 880,602 538,659 194,435
Net interest income 398,831 364,963 232,604
Other revenue:      
Gain on sales, including fee-based services, net 0 0 0
Mortgage servicing rights 0 0 0
Servicing revenue 0 0 0
Amortization of MSRs 0 0 0
Property operating income 5,708 1,877 185
Gain (loss) on derivative instruments, net 0 0 0
Other income (loss), net 4,868 (2,360) 7,491
Total other revenue 10,576 (483) 7,676
Other expenses:      
Employee compensation and benefits 53,507 56,032 51,225
Selling and administrative 23,234 26,059 21,064
Property operating expenses 5,897 2,136 718
Depreciation and amortization 5,052 4,041 2,524
Provision for loss sharing (net of recoveries) 0 0 0
Provision for credit losses (net of recoveries) 70,344 19,770 (21,223)
Litigation settlement   7,350  
Total other expenses 158,034 115,388 54,308
Income before extinguishment of debt, gain on real estate, income from equity affiliates and income taxes 251,373 249,092 185,972
Loss on extinguishment of debt (1,561) (4,933) (3,374)
Gain on sale of real estate     2,466
Income from equity affiliates 24,281 14,247 34,567
Provision for income taxes 803 (821) (5,940)
Net income 274,896 257,585 213,691
Preferred stock dividends 41,369 40,954 21,888
Net income attributable to noncontrolling interest 0 0 0
Net income attributable to common stockholders 233,527 216,631 191,803
Operating segments | Agency Business      
Segment Reporting Information [Line Items]      
Interest income 51,786 44,779 39,048
Interest expense 22,626 18,958 17,570
Net interest income 29,160 25,821 21,478
Other revenue:      
Gain on sales, including fee-based services, net 72,522 55,816 123,037
Mortgage servicing rights 69,912 69,346 130,230
Servicing revenue 193,542 152,068 133,429
Amortization of MSRs (63,093) (59,876) (58,615)
Property operating income 0 0 0
Gain (loss) on derivative instruments, net 6,763 26,609 (2,684)
Other income (loss), net 2,799 (15,203) 75
Total other revenue 282,445 228,760 325,472
Other expenses:      
Employee compensation and benefits 106,281 105,793 120,571
Selling and administrative 28,026 27,931 24,511
Property operating expenses 0 0 0
Depreciation and amortization 4,691 4,691 4,691
Provision for loss sharing (net of recoveries) 15,695 1,862 (6,167)
Provision for credit losses (net of recoveries) 3,102 1,399 110
Litigation settlement   0  
Total other expenses 157,795 141,676 143,716
Income before extinguishment of debt, gain on real estate, income from equity affiliates and income taxes 153,810 112,905 203,234
Loss on extinguishment of debt 0 0 0
Gain on sale of real estate     1,227
Income from equity affiliates 0 0 0
Provision for income taxes (28,150) (16,663) (40,345)
Net income 125,660 96,242 164,116
Preferred stock dividends 0 0 0
Net income attributable to noncontrolling interest 0 0 0
Net income attributable to common stockholders 125,660 96,242 164,116
Other      
Other expenses:      
Net income attributable to noncontrolling interest 29,122 28,044 38,507
Net income attributable to common stockholders $ (29,122) $ (28,044) $ (38,507)