v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 160,858 $ 299,315
Restricted cash 25,782 22,772
Pledged securities, at fair value 234,525 224,954
Loans held for sale, at fair value 1,382,958 1,436,350
Mortgage servicing rights 793,351 808,145
Goodwill 868,710 868,710
Other intangible assets 134,369 141,877
Receivables, net 476,851 419,358
Committed investments in tax credit equity 170,671 241,401
Other assets 645,529 596,596
Total assets 4,893,604 5,059,478
Liabilities    
Warehouse notes payable 1,384,282 1,420,272
Corporate notes payable 820,948 829,218
Allowance for risk-sharing obligations 49,081 37,546
Commitments to fund investments in tax credit equity 174,093 219,949
Other liabilities 744,448 806,631
Total liabilities 3,172,852 3,313,616
Temporary Equity    
Profit interests of a wholly owned subsidiary subject to possible redemption 909 (1,036)
Stockholders' Equity    
Preferred stock (authorized 50,000 shares; none issued)
Common stock ($0.01 par value; authorized 200,000 shares; issued and outstanding 33,269 shares as of June 30, 2026 and 33,389 shares as of December 31, 2025) 333 334
Additional paid-in capital ("APIC") 462,194 450,434
Accumulated other comprehensive income (loss) ("AOCI") 612 1,876
Retained earnings 1,243,903 1,282,390
Total stockholders' equity 1,707,042 1,735,034
Noncontrolling interests 12,801 11,864
Total permanent equity 1,719,843 1,746,898
Commitments and contingencies (NOTES 2 and 12)
Total liabilities, temporary equity, and permanent equity $ 4,893,604 $ 5,059,478