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10-Q Filing

FINANCE OF AMERICA COMPANIES INC. CIK: 1828937 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0001828937-22-000020
Period End Date 20220930
Filing Date 20221109
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance foa-20220930_htm.xml
Balance Sheet 62 line items
Line Item Tag Value Unit Period
Mortgage servicing rights, at fair value MortgageServicingRightsAtFairValue $142.44M USD Point-in-time
Mortgage servicing rights, at fair value MortgageServicingRightsAtFairValue $59.80M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $141.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $169.07M USD Point-in-time
Restricted cash RestrictedCashCurrent $210.15M USD Point-in-time
Restricted cash RestrictedCashCurrent $322.40M USD Point-in-time
Loans held for investment, subject to Home Equity Conversion Mortgage-Backed Securities ("HMBS") related obligations, at fair value LoansHeldForInvestmentSubjectToHomeEquityConversionMortgagebackedSecuritiesHmbsRelatedObligationsAtFairValue $10.92B USD Point-in-time
Loans held for investment, subject to Home Equity Conversion Mortgage-Backed Securities ("HMBS") related obligations, at fair value LoansHeldForInvestmentSubjectToHomeEquityConversionMortgagebackedSecuritiesHmbsRelatedObligationsAtFairValue $10.56B USD Point-in-time
Loans held for investment, subject to nonrecourse debt, at fair value LoansHeldForInvestmentSubjectToNonRecourseDebtAtFairValue $6.22B USD Point-in-time
Loans held for investment, subject to nonrecourse debt, at fair value LoansHeldForInvestmentSubjectToNonRecourseDebtAtFairValue $6.74B USD Point-in-time
Loans held for investment, at fair value LoansReceivableFairValueDisclosure $1.31B USD Point-in-time
Loans held for investment, at fair value LoansReceivableFairValueDisclosure $1.03B USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $2.22B USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $2.05B USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $2.05B USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $1.23B USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $859.65M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $2.14B USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $2.06B USD Point-in-time
Mortgage servicing rights ("MSRs"), at fair value, $59,800 and $142,435 subject to nonrecourse MSRs financing liability, respectively MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue $103.07M USD Point-in-time
Mortgage servicing rights ("MSRs"), at fair value, $59,800 and $142,435 subject to nonrecourse MSRs financing liability, respectively MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue $427.94M USD Point-in-time
Derivative assets DerivativeAssets $48.87M USD Point-in-time
Derivative assets DerivativeAssets $89.90M USD Point-in-time
Fixed assets and leasehold improvements, net PropertyPlantAndEquipmentNet $29.26M USD Point-in-time
Fixed assets and leasehold improvements, net PropertyPlantAndEquipmentNet $19.83M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $602.90M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $438.30M USD Point-in-time
Other assets, net OtherAssets $334.58M USD Point-in-time
Other assets, net OtherAssets $358.38M USD Point-in-time
TOTAL ASSETS Assets $21.79B USD Point-in-time
TOTAL ASSETS Assets $20.10B USD Point-in-time
TOTAL ASSETS Assets $21.19B USD Point-in-time
TOTAL ASSETS Assets $22.67B USD Point-in-time
HMBS related obligations, at fair value HmbsRelatedObligationAtFairValue $10.78B USD Point-in-time
HMBS related obligations, at fair value HmbsRelatedObligationAtFairValue $10.42B USD Point-in-time
Nonrecourse debt, at fair value (includes amounts due to related parties of $0 and $142,435, respectively) SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure $6.75B USD Point-in-time
Nonrecourse debt, at fair value (includes amounts due to related parties of $0 and $142,435, respectively) SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure $6.11B USD Point-in-time
Other financing lines of credit OtherLongTermDebt $3.35B USD Point-in-time
Other financing lines of credit OtherLongTermDebt $2.31B USD Point-in-time
Payables and other liabilities AccountsPayableAndOtherAccruedLiabilities $395.63M USD Point-in-time
Payables and other liabilities AccountsPayableAndOtherAccruedLiabilities $471.51M USD Point-in-time
Notes payable, net (includes amounts due to related parties of $30,000 and $0, respectively) NotesPayable $353.38M USD Point-in-time
Notes payable, net (includes amounts due to related parties of $30,000 and $0, respectively) NotesPayable $382.81M USD Point-in-time
TOTAL LIABILITIES Liabilities $20.71B USD Point-in-time
TOTAL LIABILITIES Liabilities $20.61B USD Point-in-time
Commitments and Contingencies (Note 20) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 20) CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $876.14M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $831.62M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-443.61M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-577.27M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-367.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-110.00K USD Point-in-time
Noncontrolling interest MinorityInterest $276.58M USD Point-in-time
Noncontrolling interest MinorityInterest $695.11M USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.43B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $863.20M USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $575.09M USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $21.19B USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $21.79B USD Point-in-time
Income Statement 111 line items
Line Item Tag Value Unit Period
Gain on sale and other income from loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $36.18M USD 1 Quarter
Gain on sale and other income from loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $397.67M USD 2 Qtrs
Gain on sale and other income from loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $226.34M USD 3 Qtrs
Gain on sale and other income from loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $291.33M USD 1 Quarter
Gain on sale and other income from loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $210.09M USD 1 Quarter
Net fair value gains (losses) on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $-6.38M USD 1 Quarter
Net fair value gains (losses) on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $5.67M USD 3 Qtrs
Net fair value gains (losses) on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $253.66M USD 2 Qtrs
Net fair value gains (losses) on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $122.51M USD 1 Quarter
Net fair value gains (losses) on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $76.66M USD 1 Quarter
Fee income FeeIncome $70.51M USD 1 Quarter
Fee income FeeIncome $236.59M USD 2 Qtrs
Fee income FeeIncome $161.37M USD 1 Quarter
Fee income FeeIncome $316.80M USD 3 Qtrs
Fee income FeeIncome $145.72M USD 1 Quarter
Interest income InterestIncomeOperating $12.02M USD 1 Quarter
Interest income InterestIncomeOperating $29.01M USD 2 Qtrs
Interest income InterestIncomeOperating $41.75M USD 3 Qtrs
Interest income InterestIncomeOperating $12.66M USD 1 Quarter
Interest income InterestIncomeOperating $15.86M USD 1 Quarter
Interest expense InterestExpense $34.37M USD 1 Quarter
Interest expense InterestExpense $110.90M USD 3 Qtrs
Interest expense InterestExpense $37.69M USD 1 Quarter
Interest expense InterestExpense $71.32M USD 2 Qtrs
Interest expense InterestExpense $41.24M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-42.30M USD 2 Qtrs
Net interest expense InterestIncomeExpenseNet $-69.15M USD 3 Qtrs
Net interest expense InterestIncomeExpenseNet $-29.21M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-21.70M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-21.83M USD 1 Quarter
TOTAL REVENUES Revenues $456.50M USD 1 Quarter
TOTAL REVENUES Revenues $479.65M USD 3 Qtrs
TOTAL REVENUES Revenues $845.62M USD 2 Qtrs
TOTAL REVENUES Revenues $507.66M USD 1 Quarter
TOTAL REVENUES Revenues $71.10M USD 1 Quarter
Salaries, benefits, and related expenses LaborAndRelatedExpense $262.00M USD 1 Quarter
Salaries, benefits, and related expenses LaborAndRelatedExpense $238.53M USD 1 Quarter
Salaries, benefits, and related expenses LaborAndRelatedExpense $549.75M USD 3 Qtrs
Salaries, benefits, and related expenses LaborAndRelatedExpense $536.73M USD 2 Qtrs
Salaries, benefits, and related expenses LaborAndRelatedExpense $146.38M USD 1 Quarter
Occupancy, equipment rentals, and other office related expenses OccupancyNet $7.00M USD 1 Quarter
Occupancy, equipment rentals, and other office related expenses OccupancyNet $15.00M USD 2 Qtrs
Occupancy, equipment rentals, and other office related expenses OccupancyNet $7.60M USD 1 Quarter
Occupancy, equipment rentals, and other office related expenses OccupancyNet $8.28M USD 1 Quarter
Occupancy, equipment rentals, and other office related expenses OccupancyNet $22.10M USD 3 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $260.90M USD 2 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $105.53M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $141.59M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $361.61M USD 3 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $127.19M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $933.47M USD 3 Qtrs
TOTAL EXPENSES OperatingExpenses $373.31M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $411.88M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $258.92M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $812.63M USD 2 Qtrs
IMPAIRMENT OF INTANGIBLES AND OTHER ASSETS ImpairmentOfIntangibleAssetsAndOtherAssets $138.18M USD 3 Qtrs
IMPAIRMENT OF INTANGIBLES AND OTHER ASSETS ImpairmentOfIntangibleAssetsAndOtherAssets - USD 2 Qtrs
IMPAIRMENT OF INTANGIBLES AND OTHER ASSETS ImpairmentOfIntangibleAssetsAndOtherAssets $138.18M USD 1 Quarter
IMPAIRMENT OF INTANGIBLES AND OTHER ASSETS ImpairmentOfIntangibleAssetsAndOtherAssets - USD 1 Quarter
IMPAIRMENT OF INTANGIBLES AND OTHER ASSETS ImpairmentOfIntangibleAssetsAndOtherAssets - USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $21.33M USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $41.23M USD 3 Qtrs
OTHER, NET OtherNonoperatingIncomeExpense $9.93M USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $7.83M USD 2 Qtrs
OTHER, NET OtherNonoperatingIncomeExpense $-8.89M USD 1 Quarter
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-550.77M USD 3 Qtrs
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $40.81M USD 2 Qtrs
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $125.46M USD 1 Quarter
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $54.55M USD 1 Quarter
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-304.67M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $-2.97M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $4.44M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $1.14M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $5.53M USD 2 Qtrs
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $-17.25M USD 3 Qtrs
NET INCOME (LOSS) ProfitLoss $35.29M USD 2 Qtrs
NET INCOME (LOSS) ProfitLoss $-301.70M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $124.32M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $50.11M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-533.52M USD 3 Qtrs
Contingently Redeemable Noncontrolling Interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest $4.26M USD 1 Quarter
Contingently Redeemable Noncontrolling Interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Contingently Redeemable Noncontrolling Interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 3 Qtrs
Contingently Redeemable Noncontrolling Interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Contingently Redeemable Noncontrolling Interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 2 Qtrs
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $28.73M USD 1 Quarter
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-399.86M USD 3 Qtrs
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $11.64M USD 2 Qtrs
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-217.21M USD 1 Quarter
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $201.00K USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $-84.49M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $21.38M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $-133.66M USD 3 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $23.65M USD 2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $119.86M USD 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 59.86M shares 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 62.80M shares 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 59.87M shares 2 Qtrs
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 61.99M shares 3 Qtrs
Basic net earnings (loss) per share (in USD per share) EarningsPerShareBasic $-2.16 USD 3 Qtrs
Basic net earnings (loss) per share (in USD per share) EarningsPerShareBasic $0.39 USD 2 Qtrs
Basic net earnings (loss) per share (in USD per share) EarningsPerShareBasic $0.36 USD 1 Quarter
Basic net earnings (loss) per share (in USD per share) EarningsPerShareBasic $-1.35 USD 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 191.16M shares 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 191.18M shares 2 Qtrs
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 188.38M shares 3 Qtrs
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 62.80M shares 1 Quarter
Diluted net earnings (loss) per share (in USD per share) EarningsPerShareDiluted $-2.34 USD 3 Qtrs
Diluted net earnings (loss) per share (in USD per share) EarningsPerShareDiluted $0.22 USD 1 Quarter
Diluted net earnings (loss) per share (in USD per share) EarningsPerShareDiluted $-1.35 USD 1 Quarter
Diluted net earnings (loss) per share (in USD per share) EarningsPerShareDiluted $0.17 USD 2 Qtrs
Cash Flow Statement 120 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $35.29M USD 2 Qtrs
Net income ProfitLoss $-301.70M USD 1 Quarter
Net income ProfitLoss $124.32M USD 1 Quarter
Net income ProfitLoss $50.11M USD 1 Quarter
Net income ProfitLoss $-533.52M USD 3 Qtrs
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $1.59B USD 3 Qtrs
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-6.28M USD 1 Quarter
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-107.90M USD 2 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-72.61M USD 2 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $1.06B USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $118.04M USD 1 Quarter
Purchases and originations of loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $5.26B USD 3 Qtrs
Purchases and originations of loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $1.15B USD 1 Quarter
Purchases and originations of loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $2.66B USD 2 Qtrs
Proceeds/payments received on loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $677.78M USD 1 Quarter
Proceeds/payments received on loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $1.45B USD 2 Qtrs
Proceeds/payments received on loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $1.71B USD 3 Qtrs
Purchases and origination of loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $25.08M USD 2 Qtrs
Purchases and origination of loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $89.91M USD 3 Qtrs
Purchases and origination of loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $12.25M USD 1 Quarter
Proceeds/payments on loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $1.55B USD 3 Qtrs
Proceeds/payments on loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $556.47M USD 2 Qtrs
Proceeds/payments on loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $217.45M USD 1 Quarter
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $9.56M USD 3 Qtrs
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $1.45M USD 2 Qtrs
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $557.00K USD 1 Quarter
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $2.25M USD 3 Qtrs
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $2.10M USD 1 Quarter
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $3.24M USD 2 Qtrs
Purchases of MSRs PaymentsToAcquireMortgageServicingRightsMSR $9.01M USD 1 Quarter
Purchases of MSRs PaymentsToAcquireMortgageServicingRightsMSR - USD 3 Qtrs
Purchases of MSRs PaymentsToAcquireMortgageServicingRightsMSR $2.35M USD 2 Qtrs
Proceeds on sale of MSRs ProceedsFromSaleOfMortgageServicingRightsMSR $7.76M USD 1 Quarter
Proceeds on sale of MSRs ProceedsFromSaleOfMortgageServicingRightsMSR $454.11M USD 3 Qtrs
Proceeds on sale of MSRs ProceedsFromSaleOfMortgageServicingRightsMSR $2.50M USD 2 Qtrs
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $22.84M USD 2 Qtrs
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 3 Qtrs
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $749.00K USD 1 Quarter
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $8.64M USD 2 Qtrs
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $9.20M USD 3 Qtrs
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $4.18M USD 1 Quarter
Payments on deferred purchase price liability PaymentForContingentConsiderationLiabilityInvestingActivities $8.00M USD 3 Qtrs
Payments on deferred purchase price liability PaymentForContingentConsiderationLiabilityInvestingActivities $657.00K USD 1 Quarter
Payments on deferred purchase price liability PaymentForContingentConsiderationLiabilityInvestingActivities $311.00K USD 2 Qtrs
Debtor in possession ("DIP") Financing PaymentsToAcquireRetainedInterestInSecuritizedReceivables $35.26M USD 1 Quarter
Debtor in possession ("DIP") Financing PaymentsToAcquireRetainedInterestInSecuritizedReceivables - USD 2 Qtrs
Debtor in possession ("DIP") Financing PaymentsToAcquireRetainedInterestInSecuritizedReceivables - USD 3 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities - USD 2 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $2.55M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $153.00K USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-710.07M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.66B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-312.05M USD 1 Quarter
Proceeds from issuance of HMBS related obligations ProceedsFromIssuanceOfHmbsRelatedObligations $602.17M USD 1 Quarter
Proceeds from issuance of HMBS related obligations ProceedsFromIssuanceOfHmbsRelatedObligations $2.48B USD 3 Qtrs
Proceeds from issuance of HMBS related obligations ProceedsFromIssuanceOfHmbsRelatedObligations $1.59B USD 2 Qtrs
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $506.14M USD 1 Quarter
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $1.95B USD 3 Qtrs
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $1.22B USD 2 Qtrs
Proceeds from issuance of nonrecourse debt ProceedsFromIssuanceOfNonrecourseDebt $2.68B USD 3 Qtrs
Proceeds from issuance of nonrecourse debt ProceedsFromIssuanceOfNonrecourseDebt $1.27B USD 2 Qtrs
Proceeds from issuance of nonrecourse debt ProceedsFromIssuanceOfNonrecourseDebt $579.52M USD 1 Quarter
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $658.30M USD 1 Quarter
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $1.66B USD 3 Qtrs
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $809.18M USD 2 Qtrs
Proceeds from other financing lines of credit ProceedsFromOtherDebt $18.94B USD 3 Qtrs
Proceeds from other financing lines of credit ProceedsFromOtherDebt $18.45B USD 2 Qtrs
Proceeds from other financing lines of credit ProceedsFromOtherDebt $10.03B USD 1 Quarter
Payments on other financing lines of credit RepaymentsOfOtherDebt $18.40B USD 2 Qtrs
Payments on other financing lines of credit RepaymentsOfOtherDebt $9.66B USD 1 Quarter
Payments on other financing lines of credit RepaymentsOfOtherDebt $19.98B USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $1.34M USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $1.34M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $2.47M USD 1 Quarter
Payment of withholding taxes relating to equity-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 1 Quarter
Payment of withholding taxes relating to equity-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 2 Qtrs
Payment of withholding taxes relating to equity-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $5.65M USD 3 Qtrs
Member distributions PaymentsOfDistributionsToAffiliates - USD 3 Qtrs
Member distributions PaymentsOfDistributionsToAffiliates - USD 2 Qtrs
Member distributions PaymentsOfDistributionsToAffiliates $75.00M USD 1 Quarter
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest - USD 1 Quarter
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest $-203.22M USD 2 Qtrs
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest - USD 3 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-207.00K USD 3 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $806.00K USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-531.00K USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $672.84M USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $307.69M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $510.94M USD 3 Qtrs
Foreign currency translation adjustment EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-257.00K USD 3 Qtrs
Foreign currency translation adjustment EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-15.00K USD 2 Qtrs
Foreign currency translation adjustment EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-7.00K USD 1 Quarter
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-109.86M USD 2 Qtrs
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $113.68M USD 1 Quarter
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-84.42M USD 3 Qtrs
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $379.22M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $463.64M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.05M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $539.36M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $516.96M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $379.22M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $463.64M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.05M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $539.36M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $516.96M USD Point-in-time
Cash paid for interest InterestPaidNet $194.18M USD 3 Qtrs
Cash paid for interest InterestPaidNet $50.07M USD 1 Quarter
Cash paid for interest InterestPaidNet $124.31M USD 2 Qtrs
Cash paid for income taxes, net IncomeTaxesPaidNet $63.00K USD 1 Quarter
Cash paid for income taxes, net IncomeTaxesPaidNet $46.00K USD 3 Qtrs
Cash paid for income taxes, net IncomeTaxesPaidNet $1.88M USD 2 Qtrs
Loans transferred to loans held for investment, at fair value, from loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToMortgageLoansHeldForInvestmentAtFairValueFromMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $283.43M USD 1 Quarter
Loans transferred to loans held for investment, at fair value, from loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToMortgageLoansHeldForInvestmentAtFairValueFromMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $242.65M USD 2 Qtrs
Loans transferred to loans held for investment, at fair value, from loans held for investment, subject to nonrecourse debt, at fair value LoansTransferredToMortgageLoansHeldForInvestmentAtFairValueFromMortgageLoansHeldForInvestmentSubjectToNonrecourseDebtAtFairValue $803.65M USD 3 Qtrs
Loans transferred to loans held for investment, subject to nonrecourse debt, at fair value, from loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForSaleAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $272.10M USD 1 Quarter
Loans transferred to loans held for investment, subject to nonrecourse debt, at fair value, from loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForSaleAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $1.31B USD 2 Qtrs
Loans transferred to loans held for investment, subject to nonrecourse debt, at fair value, from loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForSaleAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $3.61B USD 3 Qtrs
Loans transferred to loans held for investment, subject to HMBS, at fair value, from loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToHmbsAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $1.39B USD 2 Qtrs
Loans transferred to loans held for investment, subject to HMBS, at fair value, from loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToHmbsAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $2.05B USD 3 Qtrs
Loans transferred to loans held for investment, subject to HMBS, at fair value, from loans held for investment, at fair value LoansTransferredToMortgageLoansHeldForInvestmentSubjectToHmbsAtFairValueFromMortgageLoansHeldForInvestmentAtFairValue $42.91M USD 1 Quarter
Stockholders Equity 45 line items
Line Item Tag Value Unit Period
Beginning balance MembersCapital $628.04M USD Point-in-time
Beginning balance MembersCapital $641.17M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.43B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $863.20M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $575.09M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
Net income ProfitLoss $35.29M USD 2 Qtrs
Net income ProfitLoss $-301.70M USD 1 Quarter
Net income ProfitLoss $124.32M USD 1 Quarter
Net income ProfitLoss $50.11M USD 1 Quarter
Net income ProfitLoss $-533.52M USD 3 Qtrs
Contributions from members PartnersCapitalAccountContributions $1.43M USD 1 Quarter
Distributions to members PartnersCapitalAccountDistributions $75.00M USD 1 Quarter
Net income ProfitLossExcludingCRNCI $120.06M USD 1 Quarter
Accretion of CRNCI to redemption price TemporaryEquityAccretionToRedemptionValue $32.73M USD 1 Quarter
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $42.00K USD 3 Qtrs
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $24.00K USD 2 Qtrs
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $248.00K USD 3 Qtrs
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $620.00K USD 1 Quarter
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $56.00K USD 1 Quarter
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $555.00K USD 2 Qtrs
Equity based compensation, net AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $15.73M USD 1 Quarter
Equity based compensation, net AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $36.62M USD 3 Qtrs
Equity based compensation, net AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $61.31M USD 2 Qtrs
Conversion of LLC Units for Class A Common Stock (Note 26 - Equity) ConversionOfLimitedLiabilityCompanyUnitsForCommonStockValue $30.00K USD 1 Quarter
Conversion of LLC Units for Class A Common Stock (Note 26 - Equity) ConversionOfLimitedLiabilityCompanyUnitsForCommonStockValue $-86.00K USD 3 Qtrs
Settlement of LTIP RSUs, net (Note 25 - Earnings Per Share) NetSurrenderToSettleOtherRsusValue $-1.25M USD 2 Qtrs
Settlement of LTIP RSUs, net (Note 25 - Earnings Per Share) NetSurrenderToSettleOtherRsusValue $-74.00K USD 1 Quarter
Settlement of LTIP RSUs, net (Note 25 - Earnings Per Share) NetSurrenderToSettleOtherRsusValue $-4.83M USD 3 Qtrs
Cancellation of shares to fund employee tax withholdings (Note 26 - Equity) RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings $7.53M USD 2 Qtrs
Cancellation of shares to fund employee tax withholdings (Note 26 - Equity) RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings $5.65M USD 3 Qtrs
Cancellation of shares to fund employee tax withholdings (Note 26 - Equity) RestrictedStockValueSharesIssuedCancelledNetOfTaxWithholdings $1.94M USD 1 Quarter
Ownership change reclassification StockholdersEquityOwnershipChangeReclassificationShares 1.00 shares 2 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-92.00K USD 2 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-105.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-257.00K USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-11.00K USD 1 Quarter
Ending balance MembersCapital $628.04M USD Point-in-time
Ending balance MembersCapital $641.17M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.43B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $863.20M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $575.09M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
Comprehensive Income 25 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $35.29M USD 2 Qtrs
NET INCOME (LOSS) ProfitLoss $-301.70M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $124.32M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $50.11M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-533.52M USD 3 Qtrs
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-105.00K USD 1 Quarter
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-11.00K USD 1 Quarter
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-257.00K USD 3 Qtrs
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-92.00K USD 2 Qtrs
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-65.00K USD 1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $35.19M USD 2 Qtrs
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $124.31M USD 1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-301.81M USD 1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $50.05M USD 1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-533.77M USD 3 Qtrs
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $-400.03M USD 3 Qtrs
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $28.68M USD 1 Quarter
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $-217.28M USD 1 Quarter
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $11.57M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $4.46M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $-133.74M USD 3 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $119.85M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $23.62M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $21.36M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $-84.52M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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