v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Pledged assets included in cash and cash equivalents $ 2,546,553 $ 1,683,059
Pledged assets in securities [1] 89,515,485 91,287,630 [2]
Pledged assets in loans, net [3] 7,280,979 5,020,784 [2]
Pledged assets included in mortgage servicing rights $ 4,089,485 $ 3,645,865 [2]
Preferred stock, par value (USD per share) $ 0.01 $ 0.01
Preferred stock authorized (shares) 75,000,000 75,000,000
Preferred stock issued (shares) 74,500,000 74,500,000
Preferred stock outstanding (shares) 74,500,000 74,500,000
Common stock, par value (USD per share) $ 0.01 $ 0.01
Common stock authorized (shares) 1,456,750,000 1,456,750,000
Common stock issued (shares) 750,574,308 706,972,452
Common stock outstanding (shares) 750,574,308 706,972,452
Non-Agency Mortgage-Backed Securities    
Mortgage-backed securities $ 1,565,016 $ 1,445,176
Residential Mortgage Loans    
Loans held-for-sale 2,100 37,100
Consolidated VIEs    
Cash and cash equivalent 8,300 4,100
Consolidated VIEs | Non-Agency Mortgage-Backed Securities    
Mortgage-backed securities 3,700,000 3,100,000
Asset Pledged as Collateral    
Pledged assets in securities 83,286,913 82,809,634
Pledged assets in loans, net 6,885,511 4,590,517
Pledged assets included in mortgage servicing rights $ 3,472,452 $ 3,541,414
[1]
(3)Excludes $3.7 billion and $3.1 billion at June 30, 2026 and December 31, 2025, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition. 
[2]
(1)Derived from the audited consolidated financial statements at December 31, 2025.
[3]
(4)Includes $2.1 million and $37.1 million of residential mortgage loans held for sale at June 30, 2026 and December 31, 2025, respectively.