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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Pledged assets included in cash and cash equivalents $ 1,776,349 $ 1,202,880
Pledged assets in securities [1] 85,062,725 69,756,447 [2]
Pledged assets in loans, net [3] 4,008,299 3,546,902 [2]
Pledged assets included in mortgage servicing rights $ 3,476,181 $ 2,909,134 [2]
Preferred stock, par value (USD per share) $ 0.01 $ 0.01
Preferred stock authorized (shares) 75,000,000 63,500,000
Preferred stock issued (shares) 74,500,000 63,500,000
Preferred stock outstanding (shares) 74,500,000 63,500,000
Common stock, par value (USD per share) $ 0.01 $ 0.01
Common stock authorized (shares) 1,456,750,000 1,468,250,000
Common stock issued (shares) 681,052,317 578,357,118
Common stock outstanding (shares) 681,052,317 578,357,118
Residential Mortgage Loans    
Loans held-for-sale $ 10,900 $ 10,000
Consolidated VIEs    
Cash and Cash Equivalent 5,600 2,800
Consolidated VIEs | Non-Agency Mortgage-Backed Securities    
Mortgage-backed securities 2,900,000 2,200,000
Asset Pledged as Collateral    
Pledged assets in securities 76,380,480 67,692,062
Pledged assets in loans, net 3,954,154 2,754,028
Pledged assets included in mortgage servicing rights $ 3,164,697 $ 2,460,252
[1]
(3)Excludes $2.9 billion and $2.2 billion at September 30, 2025 and December 31, 2024, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition. 
[2]
(1)Derived from the audited consolidated financial statements at December 31, 2024.
[3]
(4)Includes $10.9 million and $10.0 million of residential mortgage loans held for sale at September 30, 2025 and December 31, 2024, respectively.