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10-K Filing

FINANCE OF AMERICA COMPANIES INC. CIK: 1828937 FY 2022
Filing Information
Form Type 10-K
Accession Number 0001828937-23-000021
Period End Date 20221231
Filing Date 20230316
Fiscal Year 2022
Fiscal Period FY
XBRL Instance foa-20221231_htm.xml
Balance Sheet 58 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $97.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $141.24M USD Point-in-time
Restricted cash RestrictedCashCurrent $322.40M USD Point-in-time
Restricted cash RestrictedCashCurrent $180.07M USD Point-in-time
Loans held for investment, subject to Home Equity Conversion Mortgage-Backed Securities ("HMBS") related obligations, at fair value LoansHeldForInvestmentSubjectToHomeEquityConversionMortgagebackedSecuritiesHmbsRelatedObligationsAtFairValue $11.11B 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
Mortgage servicing rights, at fair value MortgageServicingRightsAtFairValue $60.56M USD Point-in-time
Loans held for investment, subject to nonrecourse debt, at fair value LoansHeldForInvestmentSubjectToNonRecourseDebtAtFairValue $6.22B USD Point-in-time
Mortgage servicing rights, at fair value MortgageServicingRightsAtFairValue $142.44M USD Point-in-time
Loans held for investment, subject to nonrecourse debt, at fair value LoansHeldForInvestmentSubjectToNonRecourseDebtAtFairValue $7.45B USD Point-in-time
Loans held for investment, at fair value LoansReceivableFairValueDisclosure $908.00M 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 $2.05B USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $1.25B 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 $315.98M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $2.22B USD Point-in-time
Mortgage servicing rights ("MSR"), at fair value, $60,562 and $142,435 subject to nonrecourse MSR financing liability, respectively MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue $427.94M USD Point-in-time
Mortgage servicing rights ("MSR"), at fair value, $60,562 and $142,435 subject to nonrecourse MSR financing liability, respectively MortgageServicingRightsDueToNonRecourseMsrFinancialLiabilityAtFairValue $95.10M USD Point-in-time
Derivative assets DerivativeAssets $2.35M USD Point-in-time
Derivative assets DerivativeAssets $48.87M USD Point-in-time
Fixed assets and leasehold improvements, net PropertyPlantAndEquipmentNet $29.26M USD Point-in-time
Fixed assets and leasehold improvements, net PropertyPlantAndEquipmentNet $19.02M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $374.56M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $602.90M USD Point-in-time
Other assets, net OtherAssets $358.38M USD Point-in-time
Other assets, net OtherAssets $311.49M USD Point-in-time
TOTAL ASSETS Assets $20.87B USD Point-in-time
TOTAL ASSETS Assets $19.57B USD Point-in-time
TOTAL ASSETS Assets $21.79B USD Point-in-time
TOTAL ASSETS Assets $20.10B USD Point-in-time
HMBS related obligations, at fair value HmbsRelatedObligationAtFairValue $11.00B 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 $7.34B 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 $1.46B USD Point-in-time
Payables and other liabilities AccountsPayableAndOtherAccruedLiabilities $471.51M USD Point-in-time
Payables and other liabilities AccountsPayableAndOtherAccruedLiabilities $273.11M USD Point-in-time
Notes payable, net (includes amounts due to related parties of $46,790 and $0, respectively) NotesPayable $353.38M USD Point-in-time
Notes payable, net (includes amounts due to related parties of $46,790 and $0, respectively) NotesPayable $399.40M USD Point-in-time
TOTAL LIABILITIES Liabilities $20.47B USD Point-in-time
TOTAL LIABILITIES Liabilities $20.71B USD Point-in-time
Commitments and Contingencies (Note 25) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 25) CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $888.49M 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 $-634.29M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-273.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-110.00K USD Point-in-time
Noncontrolling interest MinorityInterest $695.11M USD Point-in-time
Noncontrolling interest MinorityInterest $150.91M USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.34B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $404.84M USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $21.79B USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $20.87B USD Point-in-time
Income Statement 84 line items
Line Item Tag Value Unit Period
Gain on sale and other income from loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $211.02M USD Annual
Gain on sale and other income from loans held for sale, net InterestAndFeeIncomeLoansHeldForSaleMortgages $564.52M 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 $1.18B USD Annual
Net fair value gains on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $76.66M USD 1 Quarter
Net fair value gains on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $311.70M USD Annual
Net fair value gains on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $341.75M USD 3 Qtrs
Net fair value gains on loans and related obligations NetFairValueGainsOnMortgageLoansAndRelatedObligations $104.19M USD Annual
Fee income FeeIncome $161.37M USD 1 Quarter
Fee income FeeIncome $362.13M USD Annual
Fee income FeeIncome $389.87M USD Annual
Fee income FeeIncome $386.06M USD 3 Qtrs
Interest income InterestIncomeOperating $43.92M USD 3 Qtrs
Interest income InterestIncomeOperating $42.58M USD Annual
Interest income InterestIncomeOperating $47.64M USD Annual
Interest income InterestIncomeOperating $12.66M USD 1 Quarter
Interest expense InterestExpense $123.00M USD Annual
Interest expense InterestExpense $34.37M USD 1 Quarter
Interest expense InterestExpense $107.69M USD 3 Qtrs
Interest expense InterestExpense $151.74M USD Annual
Net interest expense InterestIncomeExpenseNet $-104.10M USD Annual
Net interest expense InterestIncomeExpenseNet $-63.77M USD 3 Qtrs
Net interest expense InterestIncomeExpenseNet $-80.42M USD Annual
Net interest expense InterestIncomeExpenseNet $-21.70M USD 1 Quarter
TOTAL REVENUES Revenues $507.66M USD 1 Quarter
TOTAL REVENUES Revenues $1.80B USD Annual
TOTAL REVENUES Revenues $1.23B USD 3 Qtrs
TOTAL REVENUES Revenues $573.24M USD Annual
Salaries, benefits, and related expenses LaborAndRelatedExpense $768.11M USD 3 Qtrs
Salaries, benefits, and related expenses LaborAndRelatedExpense $238.53M USD 1 Quarter
Salaries, benefits, and related expenses LaborAndRelatedExpense $663.33M USD Annual
Salaries, benefits, and related expenses LaborAndRelatedExpense $868.26M USD Annual
Occupancy, equipment rentals, and other office related expenses OccupancyNet $7.60M USD 1 Quarter
Occupancy, equipment rentals, and other office related expenses OccupancyNet $29.62M USD Annual
Occupancy, equipment rentals, and other office related expenses OccupancyNet $28.39M USD Annual
Occupancy, equipment rentals, and other office related expenses OccupancyNet $23.39M USD 3 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $395.87M USD Annual
General and administrative expenses GeneralAndAdministrativeExpense $456.90M USD Annual
General and administrative expenses GeneralAndAdministrativeExpense $127.19M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $392.26M USD 3 Qtrs
TOTAL EXPENSES OperatingExpenses $1.29B USD Annual
TOTAL EXPENSES OperatingExpenses $1.18B USD 3 Qtrs
TOTAL EXPENSES OperatingExpenses $373.31M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $1.15B USD Annual
IMPAIRMENT OF GOODWILL, INTANGIBLES, AND OTHER ASSETS ImpairmentOfGoodwillIntangibleAssetsAndOtherAssets $1.38B USD 3 Qtrs
IMPAIRMENT OF GOODWILL, INTANGIBLES, AND OTHER ASSETS ImpairmentOfGoodwillIntangibleAssetsAndOtherAssets $192.51M USD Annual
IMPAIRMENT OF GOODWILL, INTANGIBLES, AND OTHER ASSETS ImpairmentOfGoodwillIntangibleAssetsAndOtherAssets - USD Annual
IMPAIRMENT OF GOODWILL, INTANGIBLES, AND OTHER ASSETS ImpairmentOfGoodwillIntangibleAssetsAndOtherAssets - USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $-8.89M USD 1 Quarter
OTHER, NET OtherNonoperatingIncomeExpense $14.14M USD 3 Qtrs
OTHER, NET OtherNonoperatingIncomeExpense $35.83M USD Annual
OTHER, NET OtherNonoperatingIncomeExpense $-6.13M USD Annual
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $500.26M USD Annual
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $125.46M USD 1 Quarter
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-732.05M USD Annual
NET INCOME (LOSS) BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.32B USD 3 Qtrs
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $2.34M USD Annual
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $1.14M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $-20.67M USD 3 Qtrs
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $-16.52M USD Annual
NET INCOME (LOSS) ProfitLoss $-715.53M USD Annual
NET INCOME (LOSS) ProfitLoss $497.91M USD Annual
NET INCOME (LOSS) ProfitLoss $124.32M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-1.30B USD 3 Qtrs
Contingently redeemable noncontrolling interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-21.75M USD Annual
Contingently redeemable noncontrolling interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest $4.26M USD 1 Quarter
Contingently redeemable noncontrolling interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD Annual
Contingently redeemable noncontrolling interest ("CRNCI") NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 3 Qtrs
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-929.20M USD 3 Qtrs
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-524.85M USD Annual
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $1.27M USD Annual
Noncontrolling interest NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $201.00K USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $-190.68M USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $119.86M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $518.39M USD Annual
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST NetIncomeLoss $-371.80M USD 3 Qtrs
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 62.30M shares Annual
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 59.85M shares 3 Qtrs
Basic, net loss per share (in USD per share) EarningsPerShareBasic $-6.21 USD 3 Qtrs
Basic, net loss per share (in USD per share) EarningsPerShareBasic $-3.06 USD Annual
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 188.24M shares Annual
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 190.60M shares 3 Qtrs
Diluted net loss per share (in USD per share) EarningsPerShareDiluted $-6.52 USD 3 Qtrs
Diluted net loss per share (in USD per share) EarningsPerShareDiluted $-3.12 USD Annual
Cash Flow Statement 210 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $-715.53M USD Annual
NET INCOME (LOSS) ProfitLoss $497.91M USD Annual
NET INCOME (LOSS) ProfitLoss $124.32M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-1.30B USD 3 Qtrs
Gain on sale and other income from loans held for sale, net GainLossOnSaleOfLoansAndLeases $291.33M USD 1 Quarter
Gain on sale and other income from loans held for sale, net GainLossOnSaleOfLoansAndLeases $211.02M USD Annual
Gain on sale and other income from loans held for sale, net GainLossOnSaleOfLoansAndLeases $1.18B USD Annual
Gain on sale and other income from loans held for sale, net GainLossOnSaleOfLoansAndLeases $564.52M USD 3 Qtrs
Unrealized fair value changes on loans, related obligations, and derivatives UnrealizedChangesOnMortgageLoansRelatedObligationsAndDerivatives $69.28M USD 1 Quarter
Unrealized fair value changes on loans, related obligations, and derivatives UnrealizedChangesOnMortgageLoansRelatedObligationsAndDerivatives $317.30M USD 3 Qtrs
Unrealized fair value changes on loans, related obligations, and derivatives UnrealizedChangesOnMortgageLoansRelatedObligationsAndDerivatives $60.26M USD Annual
Unrealized fair value changes on loans, related obligations, and derivatives UnrealizedChangesOnMortgageLoansRelatedObligationsAndDerivatives $275.49M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $-20.35M USD 1 Quarter
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $15.20M USD 3 Qtrs
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $-23.03M USD Annual
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $-4.56M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $19.33M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $50.01M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $64.99M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $5.37M USD 1 Quarter
Change in fair value of nonrecourse MSR financing liability ChangeInFairValueOfNonRecourseMortgageServicingRightFinancingLiability $798.00K USD Annual
Change in fair value of nonrecourse MSR financing liability ChangeInFairValueOfNonRecourseMortgageServicingRightFinancingLiability $-8.16M USD Annual
Change in fair value of nonrecourse MSR financing liability ChangeInFairValueOfNonRecourseMortgageServicingRightFinancingLiability $390.00K USD 1 Quarter
Change in fair value of nonrecourse MSR financing liability ChangeInFairValueOfNonRecourseMortgageServicingRightFinancingLiability $-3.00M USD 3 Qtrs
Impairment of goodwill, intangibles, and other assets ImpairmentLossOfGoodwillIntangiblesAndOtherAssets $192.51M USD Annual
Impairment of goodwill, intangibles, and other assets ImpairmentLossOfGoodwillIntangiblesAndOtherAssets - USD 1 Quarter
Impairment of goodwill, intangibles, and other assets ImpairmentLossOfGoodwillIntangiblesAndOtherAssets - USD Annual
Impairment of goodwill, intangibles, and other assets ImpairmentLossOfGoodwillIntangiblesAndOtherAssets $1.38B USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-16.77M USD Annual
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-128.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-23.75M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-231.00K USD Annual
Change in fair value of deferred purchase price liabilities UnrealizedGainLossDueToFairValueOfDeferredPurchasePriceLiabilities $11.21M USD Annual
Change in fair value of deferred purchase price liabilities UnrealizedGainLossDueToFairValueOfDeferredPurchasePriceLiabilities $-3.01M USD Annual
Change in fair value of deferred purchase price liabilities UnrealizedGainLossDueToFairValueOfDeferredPurchasePriceLiabilities $-29.00K USD 1 Quarter
Change in fair value of deferred purchase price liabilities UnrealizedGainLossDueToFairValueOfDeferredPurchasePriceLiabilities $-2.24M USD 3 Qtrs
Loss on investments GainLossOnInvestments $-3.84M USD Annual
Loss on investments GainLossOnInvestments $-9.46M USD 1 Quarter
Loss on investments GainLossOnInvestments $-3.47M USD 3 Qtrs
Loss on investments GainLossOnInvestments $-6.92M USD Annual
Equity-based compensation EmployeeBenefitsAndShareBasedCompensationNoncash - USD 1 Quarter
Equity-based compensation EmployeeBenefitsAndShareBasedCompensationNoncash $71.81M USD 3 Qtrs
Equity-based compensation EmployeeBenefitsAndShareBasedCompensationNoncash - USD Annual
Equity-based compensation EmployeeBenefitsAndShareBasedCompensationNoncash $47.86M USD Annual
Non-cash lease expense NoncashLeaseExpense $1.41M USD 1 Quarter
Non-cash lease expense NoncashLeaseExpense $3.82M USD Annual
Non-cash lease expense NoncashLeaseExpense $7.32M USD 3 Qtrs
Non-cash lease expense NoncashLeaseExpense $6.54M USD Annual
Provision for claims LossContingencyAccrualProvision - USD 1 Quarter
Provision for claims LossContingencyAccrualProvision $3.52M USD Annual
Provision for claims LossContingencyAccrualProvision $3.35M USD Annual
Provision for claims LossContingencyAccrualProvision $7.04M USD 3 Qtrs
Originations/purchases of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.57B USD 1 Quarter
Originations/purchases of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $29.41B USD Annual
Originations/purchases of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $21.84B USD 3 Qtrs
Originations/purchases of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $14.31B USD Annual
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $8.88B USD 1 Quarter
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $29.63B USD Annual
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $22.44B USD 3 Qtrs
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $16.17B USD Annual
Change in fair value of warrant liability FairValueAdjustmentOfWarrants $-12.47M USD 3 Qtrs
Change in fair value of warrant liability FairValueAdjustmentOfWarrants $-4.38M USD Annual
Change in fair value of warrant liability FairValueAdjustmentOfWarrants - USD Annual
Change in fair value of warrant liability FairValueAdjustmentOfWarrants - USD 1 Quarter
Other assets, net IncreaseDecreaseInOtherOperatingAssets $275.43M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $-421.32M USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $-149.98M USD 1 Quarter
Other assets, net IncreaseDecreaseInOtherOperatingAssets $-17.84M USD Annual
Payables and accrued expenses IncreaseDecreaseInAccruedLiabilities $-99.60M USD 1 Quarter
Payables and accrued expenses IncreaseDecreaseInAccruedLiabilities $144.22M USD 3 Qtrs
Payables and accrued expenses IncreaseDecreaseInAccruedLiabilities $4.25M USD Annual
Payables and accrued expenses IncreaseDecreaseInAccruedLiabilities $-162.43M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $1.41B USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-214.63M USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $118.04M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-686.09M USD Annual
Purchases and originations of loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $4.43B 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 $6.17B USD Annual
Purchases and originations of loans held for investment PaymentsToAcquireLoansAndLeasesHeldForInvestment $3.64B USD Annual
Proceeds/payments received on loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $2.01B USD 3 Qtrs
Proceeds/payments received on loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $2.18B USD Annual
Proceeds/payments received on loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $1.82B USD Annual
Proceeds/payments received on loans held for investment ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $677.78M USD 1 Quarter
Purchases and origination of loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $89.36M USD 3 Qtrs
Purchases and origination of loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $117.01M USD Annual
Purchases and origination of loans held for investment, subject to nonrecourse debt PurchasesAndOriginationOfMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $44.70M USD Annual
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 $913.82M USD Annual
Proceeds/payments on loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $1.85B USD Annual
Proceeds/payments on loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $217.45M USD 1 Quarter
Proceeds/payments on loans held for investment, subject to nonrecourse debt PaymentsOnMortgageLoansHeldForInvestmentSubjectToNonrecourseDebt $1.46B USD 3 Qtrs
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $557.00K USD 1 Quarter
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $39.26M USD Annual
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $11.85M USD Annual
Purchases of debt securities PaymentsToAcquireSecuritiesDebt $4.99M USD 3 Qtrs
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $3.79M USD 3 Qtrs
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $2.10M USD 1 Quarter
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $140.79M USD Annual
Proceeds/payments on debt securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $13.06M USD Annual
Purchases of MSR PaymentsToAcquireMortgageServicingRightsMSR - USD Annual
Purchases of MSR PaymentsToAcquireMortgageServicingRightsMSR $9.01M USD 1 Quarter
Purchases of MSR PaymentsToAcquireMortgageServicingRightsMSR $16.91M USD 3 Qtrs
Purchases of MSR PaymentsToAcquireMortgageServicingRightsMSR $14.09M USD Annual
Proceeds on sale of MSR ProceedsFromSaleOfMortgageServicingRightsMSR $473.79M USD Annual
Proceeds on sale of MSR ProceedsFromSaleOfMortgageServicingRightsMSR $2.06M USD 3 Qtrs
Proceeds on sale of MSR ProceedsFromSaleOfMortgageServicingRightsMSR $7.76M USD 1 Quarter
Proceeds on sale of MSR ProceedsFromSaleOfMortgageServicingRightsMSR - USD Annual
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $749.00K USD 1 Quarter
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD Annual
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $197.00K USD Annual
Acquisition of subsidiaries, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $28.44M USD 3 Qtrs
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $9.03M USD Annual
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $13.95M USD 3 Qtrs
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $11.24M USD Annual
Acquisition of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $4.18M USD 1 Quarter
Issuance of notes receivable PaymentsToAcquireNotesReceivable - USD Annual
Issuance of notes receivable PaymentsToAcquireNotesReceivable - USD 1 Quarter
Issuance of notes receivable PaymentsToAcquireNotesReceivable $20.00M USD Annual
Issuance of notes receivable PaymentsToAcquireNotesReceivable - USD 3 Qtrs
Debtor in possession ("DIP") Financing PaymentsToAcquireRetainedInterestInSecuritizedReceivables - USD Annual
Debtor in possession ("DIP") Financing PaymentsToAcquireRetainedInterestInSecuritizedReceivables $35.26M USD 1 Quarter
Debtor in possession ("DIP") Financing PaymentsToAcquireRetainedInterestInSecuritizedReceivables - USD Annual
Debtor in possession ("DIP") Financing ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables $5.60M USD 3 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $1.09M USD 3 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $7.55M USD Annual
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $6.23M USD Annual
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $3.21M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.10B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-312.05M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-875.11M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.82B USD Annual
Proceeds from issuance of HMBS related obligations ProceedsFromIssuanceOfHmbsRelatedObligations $602.17M USD 1 Quarter
Proceeds from issuance of HMBS related obligations ProceedsFromIssuanceOfHmbsRelatedObligations $2.49B USD 3 Qtrs
Proceeds from issuance of HMBS related obligations ProceedsFromIssuanceOfHmbsRelatedObligations $2.86B USD Annual
Proceeds from issuance of HMBS related obligations ProceedsFromIssuanceOfHmbsRelatedObligations $2.05B USD Annual
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $506.14M USD 1 Quarter
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $2.33B USD Annual
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $1.93B USD 3 Qtrs
Payments of HMBS related obligations PaymentsOfHmbsRelatedObligations $1.94B USD Annual
Proceeds from issuance of nonrecourse debt ProceedsFromIssuanceOfNonrecourseDebt $3.42B USD Annual
Proceeds from issuance of nonrecourse debt ProceedsFromIssuanceOfNonrecourseDebt $579.52M USD 1 Quarter
Proceeds from issuance of nonrecourse debt ProceedsFromIssuanceOfNonrecourseDebt $3.07B USD Annual
Proceeds from issuance of nonrecourse debt ProceedsFromIssuanceOfNonrecourseDebt $2.11B USD 3 Qtrs
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $658.30M USD 1 Quarter
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $1.88B USD Annual
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $1.64B USD Annual
Payments on nonrecourse debt PaymentsOnNonrecourseDebt $1.30B USD 3 Qtrs
Proceeds from other financing lines of credit ProceedsFromOtherDebt $10.03B USD 1 Quarter
Proceeds from other financing lines of credit ProceedsFromOtherDebt $21.47B USD Annual
Proceeds from other financing lines of credit ProceedsFromOtherDebt $27.84B USD 3 Qtrs
Proceeds from other financing lines of credit ProceedsFromOtherDebt $35.23B USD Annual
Payments on other financing lines of credit RepaymentsOfOtherDebt $9.66B USD 1 Quarter
Payments on other financing lines of credit RepaymentsOfOtherDebt $27.84B USD 3 Qtrs
Payments on other financing lines of credit RepaymentsOfOtherDebt $23.37B USD Annual
Payments on other financing lines of credit RepaymentsOfOtherDebt $34.97B USD Annual
Issuance of notes payable ProceedsFromNotesPayable - USD 1 Quarter
Issuance of notes payable ProceedsFromNotesPayable $350.00M USD Annual
Issuance of notes payable ProceedsFromNotesPayable $87.53M USD Annual
Issuance of notes payable ProceedsFromNotesPayable - USD 3 Qtrs
Payments on notes payable RepaymentsOfNotesPayable - USD 1 Quarter
Payments on notes payable RepaymentsOfNotesPayable $46.77M USD Annual
Payments on notes payable RepaymentsOfNotesPayable - USD 3 Qtrs
Payments on notes payable RepaymentsOfNotesPayable $40.74M USD Annual
Member distributions PaymentsOfDistributionsToAffiliates $380.43M USD Annual
Member distributions PaymentsOfDistributionsToAffiliates - USD 3 Qtrs
Member distributions PaymentsOfDistributionsToAffiliates $75.00M USD 1 Quarter
Member distributions PaymentsOfDistributionsToAffiliates - USD Annual
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest - USD 1 Quarter
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest - USD Annual
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest - USD Annual
Settlement of CRNCI PaymentInRespectOfContingentlyRedeemableNonControllingInterest $-203.22M USD 3 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-15.36M USD 3 Qtrs
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-11.04M USD Annual
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-7.14M USD Annual
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-1.66M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.72B USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $307.69M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $225.21M USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.15B USD 3 Qtrs
Foreign currency translation adjustment EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $34.00K USD Annual
Foreign currency translation adjustment EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-110.00K USD 3 Qtrs
Foreign currency translation adjustment EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-7.00K USD 1 Quarter
Foreign currency translation adjustment EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-163.00K USD Annual
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $113.68M USD 1 Quarter
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-186.21M USD Annual
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $156.70M USD Annual
Net increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-163.19M USD 3 Qtrs
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.05M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $277.44M 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 $382.66M USD Point-in-time
Cash and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $539.36M 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 $277.44M 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 $382.66M USD Point-in-time
Cash and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $539.36M USD Point-in-time
Cash paid for interest InterestPaidNet $269.26M USD Annual
Cash paid for interest InterestPaidNet $117.97M USD 3 Qtrs
Cash paid for interest InterestPaidNet $50.07M USD 1 Quarter
Cash paid for interest InterestPaidNet $169.36M USD Annual
Cash paid for income taxes, net IncomeTaxesPaidNet $46.00K USD Annual
Cash paid for income taxes, net IncomeTaxesPaidNet $1.45M USD Annual
Cash paid for income taxes, net IncomeTaxesPaidNet $63.00K USD 1 Quarter
Cash paid for income taxes, net IncomeTaxesPaidNet $2.22M USD 3 Qtrs
Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue $8.83M USD 3 Qtrs
Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue - USD 1 Quarter
Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue $183.58M USD Annual
Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value LoansTransferredToLoansHeldForSaleAtFairValueFromLoansHeldForInvestmentAtFairValue $11.56M USD Annual
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Beginning balance MembersCapital $482.81M USD Point-in-time
Beginning balance MembersCapital $641.17M USD Point-in-time
Beginning balance MembersCapital $628.04M USD Point-in-time
Contributions from members PartnersCapitalAccountContributions $7.50M USD Annual
Contributions from members PartnersCapitalAccountContributions $1.43M USD 1 Quarter
Distributions to members PartnersCapitalAccountDistributions $380.43M USD Annual
Distributions to members PartnersCapitalAccountDistributions $75.00M USD 1 Quarter
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $104.00K USD Annual
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $42.00K USD Annual
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $73.00K USD 3 Qtrs
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $620.00K USD 1 Quarter
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $248.00K USD Annual
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $827.00K USD 3 Qtrs
Noncontrolling interest distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.67M USD Annual
Net income ProfitLossExcludingCRNCI $519.66M USD Annual
Net income ProfitLossExcludingCRNCI $120.06M USD 1 Quarter
Accretion of CRNCI to redemption price TemporaryEquityAccretionToRedemptionValue $32.73M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-11.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $60.00K USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-163.00K USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-110.00K USD 3 Qtrs
Ending balance MembersCapital $482.81M USD Point-in-time
Ending balance MembersCapital $641.17M USD Point-in-time
Ending balance MembersCapital $628.04M USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $-715.53M USD Annual
NET INCOME (LOSS) ProfitLoss $497.91M USD Annual
NET INCOME (LOSS) ProfitLoss $124.32M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-1.30B USD 3 Qtrs
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $60.00K USD Annual
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-11.00K USD 1 Quarter
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-163.00K USD Annual
Impact of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-110.00K USD 3 Qtrs
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $124.31M USD 1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $497.97M USD Annual
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-715.69M USD Annual
TOTAL COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.30B USD 3 Qtrs
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $-524.96M USD Annual
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $-20.48M USD Annual
Less: Comprehensive income (loss) attributable to the noncontrolling interest and CRNCI ComprehensiveIncomeNetOfTaxAttributableToCRNCI $-929.28M USD 3 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 $-371.83M USD 3 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $-190.74M USD Annual
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $119.85M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST ComprehensiveIncomeNetOfTax $518.45M USD Annual

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

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