Quarterly report pursuant to Section 13 or 15(d)

Segments - Summary of Financial Performance and Results by Segment (Details)

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Segments - Summary of Financial Performance and Results by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Loan origination fees and gain on sale of loans, net $ 242,639 $ 446,589
Loan servicing and other fees 53,177 45,199
Valuation adjustment of mortgage servicing rights 184,601 35,743
Interest income (expense) 1,125 (1,413)
Other income, net 220 69
Net revenue 481,762 526,187
Expenses    
Salaries, incentive compensation and benefits 187,329 266,724
General and administrative (5,630) 26,906
Occupancy, equipment and communication 18,312 14,832
Depreciation and amortization 3,913 1,654
(Relief) provision for foreclosure losses (321) 2,462
Income tax expense 70,186 53,005
Net income 207,973 160,604
Operating Segments    
Revenue    
Loan origination fees and gain on sale of loans, net 242,639 446,589
Loan servicing and other fees 53,177 45,199
Valuation adjustment of mortgage servicing rights 184,601 35,743
Interest income (expense) 2,850 (15)
Other income, net 19 22
Net revenue 483,286 527,538
Expenses    
Salaries, incentive compensation and benefits 181,584 258,028
General and administrative (9,043) 24,494
Occupancy, equipment and communication 17,211 14,281
Depreciation and amortization 3,643 1,083
(Relief) provision for foreclosure losses (321) 2,462
Income tax expense 0 0
Net income 290,212 227,190
Corporate, Non-Segment    
Revenue    
Loan origination fees and gain on sale of loans, net 0 0
Loan servicing and other fees 0 0
Valuation adjustment of mortgage servicing rights 0 0
Interest income (expense) (1,725) (1,398)
Other income, net 201 47
Net revenue (1,524) (1,351)
Expenses    
Salaries, incentive compensation and benefits 5,745 8,696
General and administrative 3,413 2,412
Occupancy, equipment and communication 1,101 551
Depreciation and amortization 270 571
(Relief) provision for foreclosure losses 0 0
Income tax expense 70,186 53,005
Net income (82,239) (66,586)
Origination | Operating Segments    
Revenue    
Loan origination fees and gain on sale of loans, net 238,521 444,797
Loan servicing and other fees 0 0
Valuation adjustment of mortgage servicing rights 0 0
Interest income (expense) 7,117 2,846
Other income, net 0 0
Net revenue 245,638 447,643
Expenses    
Salaries, incentive compensation and benefits 174,326 250,815
General and administrative (11,711) 22,638
Occupancy, equipment and communication 16,107 13,173
Depreciation and amortization 3,481 893
(Relief) provision for foreclosure losses 0 0
Income tax expense 0 0
Net income 63,435 160,124
Servicing | Operating Segments    
Revenue    
Loan origination fees and gain on sale of loans, net 4,118 1,792
Loan servicing and other fees 53,177 45,199
Valuation adjustment of mortgage servicing rights 184,601 35,743
Interest income (expense) (4,267) (2,861)
Other income, net 19 22
Net revenue 237,648 79,895
Expenses    
Salaries, incentive compensation and benefits 7,258 7,213
General and administrative 2,668 1,856
Occupancy, equipment and communication 1,104 1,108
Depreciation and amortization 162 190
(Relief) provision for foreclosure losses (321) 2,462
Income tax expense 0 0
Net income $ 226,777 $ 67,066