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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents (includes pledged assets of $830,546 and $1,222,505, respectively) $ 955,840 [1] $ 1,342,090
Securities (includes pledged assets of $54,705,431 and $56,675,447, respectively) [2] 60,727,637 63,655,674 [3]
Loans, net (includes pledged assets of $2,474,725 and $2,462,776, respectively) [4] 3,617,818 4,242,043 [3]
Mortgage servicing rights 1,108,937 544,562 [3]
Interests in MSR 85,653 69,316 [3]
Assets transferred or pledged to securitization vehicles 7,809,307 6,086,308 [3]
Assets of disposal group held for sale 0 194,138 [3]
Derivative assets 964,075 170,370 [3]
Receivable for unsettled trades 407,225 2,656 [3]
Principal and interest receivable 246,739 234,983 [3]
Goodwill and intangible assets, net 23,110 24,241 [3]
Other assets 238,793 197,683 [3]
Total assets 76,185,134 76,764,064 [3]
Liabilities    
Repurchase agreements 52,626,503 54,769,643 [3]
Other secured financing 914,255 903,255 [3]
Debt issued by securitization vehicles 6,711,953 5,155,633 [3]
Participations issued 775,432 1,049,066 [3]
Liabilities of disposal group held for sale 0 154,956 [3]
Derivative liabilities 826,972 881,537 [3]
Payable for unsettled trades 1,992,568 147,908 [3]
Interest payable 80,870 91,176 [3]
Dividends payable 321,423 321,142 [3]
Other liabilities 456,388 94,423 [3]
Total liabilities 64,706,364 63,568,739 [3]
Stockholders’ equity    
Preferred stock, par value $0.01 per share, 63,500,000 authorized, issued and outstanding 1,536,569 1,536,569 [3]
Common stock, par value $0.01 per share, 2,936,500,000 authorized, 1,461,012,252 and 1,459,736,258 issued and outstanding, respectively 14,610 14,597 [3]
Additional paid-in capital 20,321,952 20,313,832 [3]
Accumulated other comprehensive income (loss) (2,465,482) 958,410 [3]
Accumulated deficit (7,980,407) (9,653,582) [3]
Total stockholders’ equity 11,427,242 13,169,826 [3]
Noncontrolling interests 51,528 25,499 [3]
Total equity 11,478,770 13,195,325 [3]
Total liabilities and equity $ 76,185,134 $ 76,764,064 [3]
[1] (2)Includes cash of consolidated Variable Interest Entities (“VIEs”) of $8.6 million and $16.2 million at March 31, 2022 and December 31, 2021, respectively.
[2] (3)Excludes $38.5 million and $44.2 million at March 31, 2022 and December 31, 2021, respectively, of Agency mortgage-backed securities and $709.0 million and $350.4 million at March 31, 2022 and December 31, 2021, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition. 
[3] (1)Derived from the audited consolidated financial statements at December 31, 2021.
[4] (4)Includes $1.9 million and $2.3 million of residential mortgage loans held for sale at March 31, 2022 and December 31, 2021, respectively.