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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Assets        
Cash and cash equivalents $ 216,600 $ 208,000    
Restricted cash ($17.8 and $17.6 related to variable interest entities (VIEs)) 39,300 66,200    
Mortgage servicing rights (MSRs), at fair value 2,580,600 2,665,200    
Advances, net ($548.8 and $608.4 related to VIEs) 656,900 718,900    
Loans held for sale ($845.2 and $617.8 carried at fair value) 849,400 622,700    
Loans held for investment, at fair value ($6.2 and $6.7 related to VIEs) 7,669,000 7,510,800    
Receivables, net 200,200 180,800    
Investment in equity method investee 36,800 42,200    
Premises and equipment, net 18,900 20,200    
Other assets 359,300 364,200    
Total assets 12,627,000 12,399,200 $ 12,297,800  
Liabilities        
Home Equity Conversion Mortgage-Backed Securities (HMBS) related borrowings, at fair value 7,470,600 7,326,800 7,118,800 $ 6,885,000
Other financing liabilities, at fair value ($318.7 and $329.8 due to related party) ($6.2 and $6.7 related to VIEs) 1,152,500 1,137,400    
Advance match funded liabilities ($468.9 and $512.5 related to VIEs) 469,900 513,700    
Mortgage loan warehouse facilities 948,300 702,700    
MSR financing facilities, net 914,600 953,800    
Senior notes, net ($232.5 and $230.2 due to related party) 602,300 599,600    
Other liabilities ($12.4 and $15.8 carried at fair value) 652,500 708,500    
Total liabilities 12,210,700 11,942,500    
Commitments and Contingencies (Notes 19 and 20)    
Stockholders’ Equity        
Common stock, $.01 par value; 13,333,333 shares authorized; 7,638,611 and 7,526,117 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 100 100    
Additional paid-in capital 546,700 547,000    
Accumulated deficit (128,100) (87,900)    
Accumulated other comprehensive loss, net of income taxes (2,400) (2,500)    
Total stockholders’ equity 416,300 456,700 $ 534,100 $ 476,700
Total liabilities and stockholders’ equity $ 12,627,000 $ 12,399,200