v3.26.1
Accounts Payable, Accrued Expenses and Other
 6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Accounts Payable, Accrued Expenses and Other ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER
The following summarizes accounts payable, accrued expenses and other (in thousands):

June 30, 2026December 31, 2025
TRA liability$279,995 $196,923 
Servicing fees payable
128,969 114,289 
Representations and warranties reserve
104,475 102,277 
Accrued compensation and benefits93,733 90,277 
Accrued interest and bank fees79,426 70,896 
Other accounts payable66,056 51,732 
Other accrued expenses
46,216 27,456 
Investor payables27,774 31,478 
Margin call payable
26,232 276 
Derivative settlements payable
24,281 17,106 
Deferred tax liability4,840 5,080 
Total accounts payable, accrued expenses and other
$881,997 $707,790