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Other Investments (Tables)
 9 Months Ended
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, 2024December 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 value2,960 2,960 
Excess MSRs, at fair value33,491 37,367 
MSRs, at fair value26,594 24,877 
Other, at fair value92 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 EndedNine Months Ended
(In Thousands)September 30, 2024September 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 income3,192 9,815 
Investment fair value changes, net(1,263)(3,876)
MSRs:
Other income, net251 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.