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VARIABLE INTEREST ENTITIES Schedule of Financial Condition of VIEs Reflected in Consolidated Statements of Financial Condition (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents [1] $ 1,122,793 $ 1,243,703 [2]
Assets transferred or pledged to securitization vehicles 3,768,922 6,910,020 [2]
Mortgage servicing rights 113,080 100,895 [2]
Principal and interest receivable 259,655 268,073 [2]
Other assets 177,907 225,494 [2]
Total assets 85,369,589 88,455,103 [2]
Liabilities    
Other secured financing 922,605 917,876 [2]
Interest payable 100,949 191,116 [2]
Other liabilities 213,924 155,613 [2]
Total liabilities 71,301,994 74,433,307 [2]
Consolidated VIEs    
Assets    
Cash and cash equivalents 30,500 22,200
Consolidated VIEs | Residential Trusts    
Assets    
Cash and cash equivalents 0 0
Loans 0 0
Assets transferred or pledged to securitization vehicles 36,786 40,035
Mortgage servicing rights 0 0
Principal and interest receivable 214 226
Other assets 0  
Total assets 37,000 40,261
Liabilities    
Debt issued by securitization vehicles (non-recourse) 20,254 23,351
Other secured financing   0
Payable for unsettled trades 0 0
Interest payable 48 55
Other liabilities 408 246
Total liabilities 20,710 23,652
Consolidated VIEs | MSR Silo    
Assets    
Cash and cash equivalents 30,529 22,241
Loans 45,982 47,048
Assets transferred or pledged to securitization vehicles 0 0
Mortgage servicing rights 113,080 100,895
Principal and interest receivable 0 0
Other assets 24,150  
Total assets 213,741 170,184
Liabilities    
Debt issued by securitization vehicles (non-recourse) 0 0
Other secured financing   30,420
Payable for unsettled trades 587 3,076
Interest payable 0 0
Other liabilities 13,106 13,345
Total liabilities $ 13,693 $ 46,841
[1] Includes cash of consolidated Variable Interest Entities (“VIEs”) of $30.5 million and $22.2 million at March 31, 2021 and December 31, 2020, respectively.
[2] Derived from the audited consolidated financial statements at December 31, 2020.