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Segment Information - Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Assets:        
Cash and cash equivalents $ 687,540 $ 928,974 $ 895,298 $ 534,357
Restricted cash 179,906 608,233 $ 419,158 $ 713,808
Loans and investments, net 11,292,647 12,377,806    
Loans held-for-sale, net 326,141 551,707    
Capitalized mortgage servicing rights, net 376,403 391,254    
Securities held-to-maturity, net 156,027 155,279    
Investments in equity affiliates 76,294 79,303    
Real estate owned, net 127,926 86,991    
Goodwill and other intangible assets 88,510 91,378    
Other assets and due from related party 570,064 467,711    
Total assets [1] 13,881,458 15,738,636    
Liabilities:        
Debt obligations 10,284,706 11,933,819    
Allowance for loss-sharing obligations 80,577 71,634    
Other liabilities and due to related parties 352,798 478,578    
Total liabilities [1] 10,718,081 12,484,031    
Structured Business | Operating segments        
Assets:        
Cash and cash equivalents 212,588 619,487    
Restricted cash 161,892 595,342    
Loans and investments, net 11,292,647 12,377,806    
Loans held-for-sale, net 0 0    
Capitalized mortgage servicing rights, net 0 0    
Securities held-to-maturity, net 0 0    
Investments in equity affiliates 76,294 79,303    
Real estate owned, net 127,926 86,991    
Goodwill and other intangible assets 12,500 12,500    
Other assets and due from related party 484,921 453,073    
Total assets 12,368,768 14,224,502    
Liabilities:        
Debt obligations 9,965,287 11,520,492    
Allowance for loss-sharing obligations 0 0    
Other liabilities and due to related parties 270,830 369,588    
Total liabilities 10,236,117 11,890,080    
Agency Business | Operating segments        
Assets:        
Cash and cash equivalents 474,952 309,487    
Restricted cash 18,014 12,891    
Loans and investments, net 0 0    
Loans held-for-sale, net 326,141 551,707    
Capitalized mortgage servicing rights, net 376,403 391,254    
Securities held-to-maturity, net 156,027 155,279    
Investments in equity affiliates 0 0    
Real estate owned, net 0 0    
Goodwill and other intangible assets 76,010 78,878    
Other assets and due from related party 85,143 101,629    
Total assets 1,512,690 1,601,125    
Liabilities:        
Debt obligations 319,419 413,327    
Allowance for loss-sharing obligations 80,577 71,634    
Other liabilities and due to related parties 81,968 108,990    
Total liabilities $ 481,964 $ 593,951    
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities, or VIEs, as we are the primary beneficiary of these VIEs. At September 30, 2024 and December 31, 2023, assets of our consolidated VIEs totaled $6,782,387 and $8,614,571, respectively, and the liabilities of our consolidated VIEs totaled $5,332,159 and $6,967,877, respectively. See Note 15 for discussion of our VIEs