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v3.22.2.2

Fair Value Measurements - Financial Instruments Carried at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | 1 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2022 | Sep. 30, 2022 | Dec. 31, 2021
Assets: |  |  |
Loans, held for sale, at fair value | $ 403,609 | $ 403,609 | $ 552,935
Loans, net, held at fair value | 9,582 | 9,582 | 10,766
Paycheck Protection Program loans | 599 | 599 | 3,243
Derivative instruments, at fair value | 26,212 | 26,212 | 7,022
Residential mortgage servicing rights, at fair value | 192,153 | 192,153 | 120,142
Investment in unconsolidated joint venture | 8,268 | 8,268 | 8,894
Liabilities: |  |  |
Derivative instruments, at fair value | 4,345 | 4,345 | 410
Contingent consideration | 33,200 | $ 33,200 | 16,400
Mosaic |  |  |
Fair value |  |  |
Fair value of CERs issued | 25,000 |  |
Mosaic | Adjustments |  |  |
Fair value |  |  |
Fair value of CERs issued | (59,348) |  |
Minimum |  |  |
Fair value |  |  |
Return of capital assumption used in PWERM |  | 65.00% |
Maximum |  |  |
Fair value |  |  |
Return of capital assumption used in PWERM |  | 100.00% |
Recurring |  |  |
Assets: |  |  |
Loans, held for sale, at fair value | 403,609 | $ 403,609 | 552,935
Loans, net, held at fair value | 9,582 | 9,582 | 10,766
Paycheck Protection Program loans | 599 | 599 | 3,243
Mortgage backed securities, at fair value | 37,895 | 37,895 | 99,496
Derivative instruments, at fair value | 26,212 | 26,212 | 7,022
Residential mortgage servicing rights, at fair value | 192,153 | 192,153 | 120,142
Investment in unconsolidated joint venture | 8,268 | 8,268 | 8,894
Total assets | 678,318 | 678,318 | 802,498
Liabilities: |  |  |
Derivative instruments, at fair value | 4,345 | 4,345 | 410
Contingent consideration | 33,200 | 33,200 | 16,400
Total liabilities | 37,545 | 37,545 | 16,810
Recurring | Level 2 inputs |  |  |
Assets: |  |  |
Loans, held for sale, at fair value | 215,894 | 215,894 | 321,070
Paycheck Protection Program loans | 599 | 599 |
Mortgage backed securities, at fair value | 37,895 | 37,895 | 97,915
Derivative instruments, at fair value | 26,212 | 26,212 | 4,683
Total assets | 280,600 | 280,600 | 423,668
Liabilities: |  |  |
Derivative instruments, at fair value |  |  | 410
Total liabilities |  |  | 410
Recurring | Level 3 inputs |  |  |
Assets: |  |  |
Loans, held for sale, at fair value | 187,715 | 187,715 | 231,865
Loans, net, held at fair value | 9,582 | 9,582 | 10,766
Paycheck Protection Program loans |  |  | 3,243
Mortgage backed securities, at fair value |  |  | 1,581
Derivative instruments, at fair value |  |  | 2,339
Residential mortgage servicing rights, at fair value | 192,153 | 192,153 | 120,142
Investment in unconsolidated joint venture | 8,268 | 8,268 | 8,894
Total assets | 397,718 | 397,718 | 378,830
Liabilities: |  |  |
Derivative instruments, at fair value | 4,345 | 4,345 |
Contingent consideration | 33,200 | 33,200 | 16,400
Total liabilities | $ 37,545 | $ 37,545 | $ 16,400

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