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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 284,802 $ 428,339
Restricted cash (amounts related to variable interest entities (VIEs) of $16,791 and $20,434) 72,463 64,001
Mortgage servicing rights, at fair value 1,294,817 1,486,395
Advances, net (amounts related to VIEs of $651,576 and $801,990) 828,239 1,056,523
Loans held for sale ($366,364 and $208,752 carried at fair value) 387,836 275,269
Loans held for investment, at fair value (amounts related to VIEs of $9,770 and $23,342) 7,006,897 6,292,938
Receivables, net 187,665 201,220
Premises and equipment, net 16,925 38,274
Other assets ($25,476 and $8,524 carried at fair value)(amounts related to VIEs of $4,544 and $3,132) 571,483 563,240
Total assets 10,651,127 10,406,199
Liabilities    
Home Equity Conversion Mortgage-Backed Securities (HMBS) - related borrowings, at fair value 6,772,711 6,063,435
Other financing liabilities, at fair value (amounts related to VIEs of $9,770 and $22,002) 576,722 972,595
Advance match funded liabilities (related to VIEs) 581,288 679,109
Other secured borrowings, net 1,069,161 1,025,791
Senior notes, net 311,898 311,085
Other liabilities ($4,638 and $100 carried at fair value) 923,975 942,173
Total liabilities 10,235,755 9,994,188
Commitments and Contingencies (Notes 25 and 26)
Stockholders’ Equity    
Common stock, $.01 par value; 13,333,333 shares authorized; 8,687,750 and 8,990,816 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 87 90
Additional paid-in capital 556,062 558,057
Accumulated deficit (131,682) (138,542)
Accumulated other comprehensive loss, net of income taxes (9,095) (7,594)
Total stockholders’ equity 415,372 412,011
Total liabilities and stockholders’ equity $ 10,651,127 $ 10,406,199