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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 861,410 $ 1,108,466
Restricted cash 31,975 28,366
Mortgage loans held for sale, at fair value 9,416,229 6,542,232
Mortgage servicing rights (“MSRs”), at fair value 6,691,341 6,439,787
Notes receivable and due from affiliates 18,574 19,530
Property and equipment, net of accumulated depreciation and amortization of $556,734 and $536,196, respectively 243,476 250,856
Deferred tax asset, net 543,896 550,149
Lease right of use assets 313,408 347,696
Loans subject to repurchase right from Ginnie Mae 1,601,648 1,533,387
Goodwill and intangible assets, net 1,245,907 1,236,765
Other assets 1,047,942 1,015,022
Total assets 22,219,175 19,231,740 Close
Liabilities    
Funding facilities 6,145,452 3,367,383
Other financing facilities and debt    
Senior Notes, net 4,034,818 4,033,448
Early buy out facility 171,748 203,208
Accounts payable 189,038 171,350
Lease liabilities 357,524 393,882
Forward commitments, at fair value 22,785 142,988
Investor reserves 95,041 92,389
Tax receivable agreement liability 584,695 584,695
Loans subject to repurchase right from Ginnie Mae 1,601,648 1,533,387
Total liabilities 13,609,724 10,930,030 Close
Equity    
Additional paid-in capital 350,811 340,532
Retained earnings 300,494 284,296
Accumulated other comprehensive income 72 52
Non-controlling interest 7,958,054 7,676,810
Total equity 8,609,451 8,301,710 Close
Total liabilities and equity 22,219,175 19,231,740
Related Party    
Other financing facilities and debt    
Other liabilities 31,325 31,006
Nonrelated Party    
Other financing facilities and debt    
Other liabilities 375,650 376,294
Class A Common Stock    
Equity    
Common stock 1 1
Class B Common Stock    
Equity    
Common stock 0 0
Class C common stock    
Equity    
Common stock 0 0
Class D Common Stock    
Equity    
Common stock 19 19
IRLCs    
Assets    
Derivatives, at fair value 202,873 132,870
Forward commitments    
Assets    
Derivatives, at fair value $ 496 $ 26,614