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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 1,309,494 $ 1,108,466
Restricted cash 27,764 28,366
Mortgage loans held for sale, at fair value 9,486,922 6,542,232
Mortgage servicing rights (“MSRs”), at fair value 7,162,690 6,439,787
Notes receivable and due from affiliates 14,325 19,530
Property and equipment, net of accumulated depreciation and amortization of $576,354 and $536,196, respectively 233,257 250,856
Deferred tax asset, net 528,104 550,149
Lease right of use assets 314,683 347,696
Loans subject to repurchase right from Ginnie Mae 1,945,022 1,533,387
Goodwill and intangible assets, net 1,239,819 1,236,765
Other assets 1,203,228 1,015,022
Total assets 23,648,714 19,231,740 Close
Liabilities    
Funding facilities 7,022,439 3,367,383
Other financing facilities and debt    
Senior Notes, net 4,036,187 4,033,448
Early buy out facility 134,615 203,208
Accounts payable 205,949 171,350
Lease liabilities 356,050 393,882
Forward commitments, at fair value 8,508 142,988
Investor reserves 94,362 92,389
Tax receivable agreement liability 584,695 584,695
Loans subject to repurchase right from Ginnie Mae 1,945,022 1,533,387
Total liabilities 14,834,793 10,930,030 Close
Equity    
Additional paid-in capital 357,610 340,532
Retained earnings 300,958 284,296
Accumulated other comprehensive income 85 52
Non-controlling interest 8,155,248 7,676,810
Total equity 8,813,921 8,301,710 Close
Total liabilities and equity 23,648,714 19,231,740
Related Party    
Other financing facilities and debt    
Other liabilities 31,743 31,006
Nonrelated Party    
Other financing facilities and debt    
Other liabilities 415,223 376,294
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 170,381 132,870
Forward commitments    
Assets    
Derivatives, at fair value $ 13,025 $ 26,614