Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 114,352 $ 137,891
Restricted cash 3,532 8,863
Mortgage loans held for sale 932,771 845,775
Reverse mortgage loans held for investment 81,457 0
Ginnie Mae loans subject to repurchase right 639,023 650,179
Accounts, notes and interest receivable 63,649 58,304
Derivative assets 24,401 3,120
Mortgage servicing rights, net 1,258,313 1,139,539
Intangible assets, net 27,113 33,075
Goodwill 186,183 176,769
Other assets 165,839 186,076
Total assets 3,496,633 3,239,591
Liabilities and stockholders’ equity    
Warehouse lines of credit 839,122 713,151
HMBS-related borrowings 71,278 0
Ginnie Mae loans subject to repurchase right 639,370 650,179
Accounts payable and accrued expenses 33,194 34,095
Accrued compensation and benefits 33,600 29,597
Investor reserves 20,022 16,094
Contingent liabilities due to acquisitions 7,239 526
Derivative liabilities 0 5,173
Operating lease liabilities 80,287 85,977
Deferred compensation plan 95,394 95,769
Deferred tax liabilities 251,384 232,963
Total liabilities 2,219,656 1,990,304
Commitments and contingencies (Note 16)
Stockholders’ equity    
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 47,529 42,727
Retained earnings 1,228,361 1,205,885
Non-controlling interests 479 66
Total stockholders’ equity 1,276,977 1,249,287
Total liabilities and stockholders’ equity 3,496,633 3,239,591
Nonrelated Party    
Liabilities and stockholders’ equity    
Notes payable 148,766 126,250
Related Party    
Liabilities and stockholders’ equity    
Notes payable 0 530
Class A Common Stock    
Stockholders’ equity    
Common stock 205 206
Class B Common Stock    
Stockholders’ equity    
Common stock $ 403 $ 403