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v3.20.2

Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) $ in Thousands | 6 Months Ended
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Jun. 30, 2020 USD ($)
Contingent Consideration |
Liabilities |
Beginning balance - December 31, 2019 | $ 28,484
Acquisitions | 0
Principal paydowns | (13,353)
Deconsolidations | 0
Gains (losses) in net income (loss), net | (446)
Other settlements, net | (14,685)
Ending balance - June 30, 2020 | 0
ABS Issued |
Liabilities |
Beginning balance - December 31, 2019 | 10,515,475
Acquisitions | 827,645
Principal paydowns | (673,324)
Deconsolidations | (3,706,789)
Gains (losses) in net income (loss), net | (106,921)
Other settlements, net | 0
Ending balance - June 30, 2020 | 6,856,086
Residential Loans |
Assets |
Beginning balance - December 31, 2019 | 7,714,745
Acquisitions | 2,751,590
Originations | 0
Sales | (4,695,048)
Principal paydowns | (907,360)
Deconsolidations | 0
Gains (losses) in net income (loss), net | (328,313)
Other settlements, net | (1,385)
Ending balance - June 30, 2020 | 4,534,229
Business purpose residential loans |
Assets |
Beginning balance - December 31, 2019 | 3,506,743
Acquisitions | 0
Originations | 721,054
Sales | (44,172)
Principal paydowns | (272,052)
Deconsolidations | 0
Gains (losses) in net income (loss), net | (121,961)
Other settlements, net | (7,412)
Ending balance - June 30, 2020 | 3,782,200
Multifamily loans |
Assets |
Beginning balance - December 31, 2019 | 4,408,524
Acquisitions | 0
Originations | 0
Sales | 0
Principal paydowns | (5,830)
Deconsolidations | (3,849,779)
Gains (losses) in net income (loss), net | (63,840)
Other settlements, net | 0
Ending balance - June 30, 2020 | 489,075
Trading securities |
Assets |
Beginning balance - December 31, 2019 | 860,540
Acquisitions | 77,889
Originations | 0
Sales | (566,537)
Principal paydowns | (8,114)
Deconsolidations | 0
Gains (losses) in net income (loss), net | (221,079)
Other settlements, net | 0
Ending balance - June 30, 2020 | 142,699
AFS Securities |
Assets |
Beginning balance - December 31, 2019 | 239,334
Acquisitions | 31,181
Originations | 0
Sales | (55,193)
Principal paydowns | (8,293)
Deconsolidations | 0
Gains (losses) in net income (loss), net | (33,292)
Other settlements, net | 0
Ending balance - June 30, 2020 | 173,737
Servicer Advance Investments |
Assets |
Beginning balance - December 31, 2019 | 169,204
Acquisitions | 179,419
Originations | 0
Sales | 0
Principal paydowns | (75,477)
Deconsolidations | 0
Gains (losses) in net income (loss), net | (6,198)
Other settlements, net | 0
Ending balance - June 30, 2020 | 266,948
MSRs |
Assets |
Beginning balance - December 31, 2019 | 42,224
Acquisitions | 0
Originations | 0
Sales | 0
Principal paydowns | 0
Deconsolidations | 0
Gains (losses) in net income (loss), net | (22,563)
Other settlements, net | 0
Ending balance - June 30, 2020 | 19,661
Excess MSRs |
Assets |
Beginning balance - December 31, 2019 | 31,814
Acquisitions | 10,906
Originations | 0
Sales | 0
Principal paydowns | 0
Deconsolidations | 0
Gains (losses) in net income (loss), net | (6,523)
Other settlements, net | 0
Ending balance - June 30, 2020 | 36,197
Shared Home Appreciation Options |
Assets |
Beginning balance - December 31, 2019 | 45,085
Acquisitions | 3,517
Originations | 0
Sales | 0
Principal paydowns | (1,080)
Deconsolidations | 0
Gains (losses) in net income (loss), net | (6,671)
Other settlements, net | 0
Ending balance - June 30, 2020 | 40,851
Shared Home Appreciation Options |
Assets |
Beginning balance - December 31, 2019 | 1,686
Acquisitions | 0
Principal paydowns | 0
Deconsolidations | 0
Gains (losses) in net income (loss), net | (916)
Other settlements, net | 0
Ending balance - June 30, 2020 | 770
Derivatives |
Assets |
Beginning balance - December 31, 2019 | 8,860
Acquisitions | 0
Principal paydowns | 0
Deconsolidations | 0
Gains (losses) in net income (loss), net | 20,643
Other settlements, net | (31,078)
Ending balance - June 30, 2020 | $ (1,575)

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