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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 268,691 $ 192,792
Restricted cash ($8,800 and $9,759 related to variable interest entities (VIEs)) 76,294 70,654
Mortgage servicing rights (MSRs), at fair value 2,323,281 2,250,147
Advances, net ($578,611 and $587,059 related to VIEs) 729,973 772,433
Loans held for sale ($716,024 and $917,534 carried at fair value) ($241,676 and $462,144 related to VIEs) 725,051 928,527
Loans held for investment, at fair value ($7,722 and $7,879 related to VIEs) 7,459,277 7,207,641
Receivables, net 213,460 180,707
Investment in equity method investee 34,925 23,297
Premises and equipment, net 20,573 13,674
Other assets ($9,513 and $21,886 carried at fair value) ($1,066 and $1,530 related to VIEs) 446,284 507,250
Total assets 12,297,809 12,147,123
Liabilities    
Home Equity Conversion Mortgage-Backed Securities (HMBS) related borrowings, at fair value 7,118,844 6,885,022
Other financing liabilities, at fair value ($319,009 and $238,144 due to related party) ($7,722 and $7,879 related to VIEs ) 872,036 804,963
Advance match funded liabilities (related to VIEs) 497,310 512,297
Mortgage loan warehouse facilities 959,121 1,085,076
MSR financing facilities, net 892,635 900,760
Senior notes, net ($224,204 and $222,242 due to related party) 617,132 614,797
Other liabilities ($12,916 and $3,080 carried at fair value) 806,601 867,514
Total liabilities 11,763,679 11,670,429
Commitments and Contingencies (Notes 20 and 21)
Ocwen Financial Corporation (Ocwen) stockholders’ equity    
Common stock, $.01 par value; 13,333,333 shares authorized; 9,243,658 and 9,208,312 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively. 92 92
Additional paid-in capital 591,811 592,572
Accumulated deficit (55,522) (113,604)
Accumulated other comprehensive loss, net of income taxes (2,251) (2,366)
Total stockholders’ equity 534,130 476,694
Total liabilities and stockholders’ equity $ 12,297,809 $ 12,147,123