Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting

Reconciliation of earnings from segment to consolidated

Statement of Operations Items for the	Mortgage		Real Estate		Long-term		Corporate
Three Months Ended June 30, 2020:	Lending		Services		Portfolio		and other		Consolidated
Gain on sale of loans, net	$	1,451	$	—	$	—	$	—	$	1,451
Servicing fees, net		1,352		—		—		—		1,352
Loss on mortgage servicing rights, net		(8,443)		—		—		—		(8,443)
Real estate services fees, net		—		293		—		—		293
Other revenue		—		—		30		1,259		1,289
Other operating expense		(8,364)		(356)		(179)		(5,566)		(14,465)
Other income (expense)		287		—		(3,983)		(595)		(4,291)
Net loss before income tax expense	$	(13,717)	$	(63)	$	(4,132)	$	(4,902)		(22,814)
Income tax expense										15
Net loss									$	(22,829)

Statement of Operations Items for the	Mortgage		Real Estate		Long-term		Corporate
Three Months Ended June 30, 2019:	Lending		Services		Portfolio		and other		Consolidated
Gain on sale of loans, net	$	29,472	$	—	$	—	$	—	$	29,472
Servicing fees, net		3,536		—		—		—		3,536
Loss on mortgage servicing rights, net		(9,887)		—		—		—		(9,887)
Real estate services fees, net		—		807		—		—		807
Other revenue		36		—		131		20		187
Other operating expense		(17,456)		(345)		(110)		(3,722)		(21,633)
Other income (expense)		1,905		—		19		(452)		1,472
Net earnings (loss) before income tax expense	$	7,606	$	462	$	40	$	(4,154)	$	3,954
Income tax expense										81
Net earnings									$	3,873

Statement of Operations Items for the	Mortgage		Real Estate		Long-term		Corporate
Six Months Ended June 30, 2020:	Lending		Services		Portfolio		and other		Consolidated
Loss on sale of loans, net	$	(26,712)	$	—	$	—	$	—	$	(26,712)
Servicing fees, net		3,859		—		—		—		3,859
Loss on mortgage servicing rights, net		(26,753)		—		—		—		(26,753)
Real estate services fees, net		—		687		—		—		687
Other revenue		—		—		72		1,280		1,352
Other operating expense		(33,307)		(717)		(350)		(10,858)		(45,232)
Other income (expense)		2,387		—		3,957		(1,054)		5,290
Net (loss) earnings before income tax expense	$	(80,526)	$	(30)	$	3,679	$	(10,632)		(87,509)
Income tax expense										51
Net loss									$	(87,560)

Statement of Operations Items for the	Mortgage		Real Estate		Long-term		Corporate
Six Months Ended June 30, 2019:	Lending		Services		Portfolio		and other		Consolidated
Gain on sale of loans, net	$	41,686	$	—	$	—	$	—	$	41,686
Servicing fees, net		6,505		—		—		—		6,505
Loss on mortgage servicing rights, net		(15,510)		—		—		—		(15,510)
Real estate services fees, net		—		1,613		—		—		1,613
Other revenue		36		—		98		53		187
Other operating expense		(34,956)		(732)		(250)		(7,966)		(43,904)
Other income (expense)		3,320		—		(1,560)		(909)		851
Net earnings (loss) before income tax expense	$	1,081	$	881	$	(1,712)	$	(8,822)	$	(8,572)
Income tax expense										167
Net loss									$	(8,739)

Reconciliation of assets from segment to consolidated

	Mortgage		Real Estate		Long-term		Corporate
Balance Sheet Items as of:	Lending		Services		Portfolio		and other		Consolidated
Total Assets at June 30, 2020 (1)	$	100,640	$	508	$	2,229,677	$	33,799	$	2,364,624
Total Assets at December 31, 2019 (1)	$	888,847	$	6	$	2,634,812	$	22,614	$	3,546,279

All segment asset balances exclude intercompany balances