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Other Investments (Tables) | 9 Months Ended
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Sep. 30, 2024
Investments, All Other Investments [Abstract] |
Schedule of Other Investments | Other Investments at September 30, 2024 and December 31, 2023 are summarized in the following table. Table 11.1 – Components of Other Investments
(In Thousands) |  | September 30, 2024 |  | December 31, 2023
Servicer advance investments, at fair value |  | $ | 212,446 |  |  | $ | 225,345 |
Strategic investments, at carrying value |  | 66,054 |  |  | 53,147 |
Strategic investments, at fair value |  | 2,960 |  |  | 2,960 |
Excess MSRs, at fair value |  | 33,491 |  |  | 37,367 |
MSRs, at fair value |  | 26,594 |  |  | 24,877 |
Other, at fair value |  | 92 |  |  | 234 |
Total Other Investments |  | $ | 341,637 |  |  | $ | 343,930 |
Income from Other Investments for the three and nine months ended September 30, 2024 are summarized in the following table. Table 11.2 – Components of Income From Other Investments, net (1)
|  | Three Months Ended |  | Nine Months Ended
(In Thousands) |  | September 30, 2024 |  | September 30, 2024
Service Advance Investments: |  |  |  |
Other interest income |  | $ | 4,435 |  |  | $ | 14,301 |
Investment fair value changes, net |  | (2,725) |  |  | 8,252 |
Strategic Investments: |  |  |  |
Other income, net |  | (52) |  |  | (997) |
Investment fair value changes, net |  | (236) |  |  | (1,036) |
Excess MSRs: |  |  |  |
Other interest income |  | 3,192 |  |  | 9,815 |
Investment fair value changes, net |  | (1,263) |  |  | (3,876) |
MSRs: |  |  |  |
Other income, net |  | 251 |  |  | 8,025 |
Total Other Investments Income, Net |  | $ | 3,602 |  |  | $ | 34,484 |
(1)Market valuation gains (losses) on Other investments accounted for under the fair value option are recorded in Investment fair value changes, net. All other market valuation gains (losses) on Other investments are recorded in Other income, etc.

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