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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Loans held for sale, at fair value | $ 2,765,417 | $ 2,603,735
Servicing rights, at fair value | $ 1,621,494 | $ 1,633,661
Preferred stock, par value (in usd per share) | $ 0.001 | $ 0.001
Preferred stock authorized (in shares) | 50,000,000 | 50,000,000
Preferred stock issued (in shares) | 0 | 0
Treasury stock (in shares) | 5,468,337 | 5,270,250
Class A |  |
Common stock, par value (in usd per share) | $ 0.001 | $ 0.001
Common stock authorized (in shares) | 2,500,000,000 | 2,500,000,000
Common stock issued (in shares) | 110,239,920 | 104,363,823
Class B |  |
Common stock, par value (in usd per share) | $ 0.001 | $ 0.001
Common stock authorized (in shares) | 2,500,000,000 | 2,500,000,000
Common stock issued (in shares) | 0 | 0
Class C |  |
Common stock, par value (in usd per share) | $ 0.001 | $ 0.001
Common stock authorized (in shares) | 2,500,000,000 | 2,500,000,000
Common stock issued (in shares) | 126,392,121 | 131,432,929
Class D |  |
Common stock, par value (in usd per share) | $ 0.001 | $ 0.001
Common stock authorized (in shares) | 2,500,000,000 | 2,500,000,000
Common stock issued (in shares) | 97,026,671 | 97,026,671
Pledged as Collateral |  |
Loans held for sale, at fair value | $ 304,027 | $ 293,165
Servicing rights, at fair value | $ 627,527 | $ 625,699

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