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GOODWILL AND INTANGIBLE ASSETS, NET
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
Goodwill
The following is a summary of goodwill by segment:
(in thousands)Servicer and Real EstateOriginationCorporate and OthersTotal
Balance as of March 31, 2025 and December 31, 2024
$30,681 $25,279 $— $55,960 
Intangible Assets, net
Intangible assets, net consist of the following:
 
Weighted average estimated useful life
(in years)
Gross carrying amountAccumulated amortizationNet book value
(in thousands)March 31,
2025		December 31,
2024		March 31,
2025		December 31,
2024		March 31,
2025		December 31,
2024
Definite lived intangible assets:
Customer related intangible assets9$213,912 $213,912 $(203,961)$(203,221)$9,951 $10,691 
Operating agreement2035,000 35,000 (26,541)(26,104)8,459 8,896 
Trademarks and trade names169,709 9,709 (7,921)(7,828)1,788 1,881 
Total$258,621 $258,621 $(238,423)$(237,153)$20,198 $21,468 
Amortization expense for definite lived intangible assets was $1.3 million and $1.3 million for the three months ended March 31, 2025 and 2024, respectively. Forecasted annual definite lived intangible asset amortization expense for 2025 through 2029 is $5.1 million, $4.9 million, $4.7 million, $4.4 million and $2.1 million, respectively.