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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 53,817 $ 33,285
Restricted cash 7,164 4,580
Pledged securities, at fair value 18,959 14,281
Loans held for sale, at fair value 268,167 302,851
Servicing fees and other receivables, net 18,501 13,829
Derivative assets 10,638 6,354
Mortgage servicing rights 137,079 106,189
Other assets 8,271 4,251
Total assets 522,596 485,620
Liabilities    
Accounts payable and other accruals 36,414 27,487
Performance deposits from borrowers 10,425 5,970
Derivative liabilities 5,223 1,454
Guaranty obligation, net of accumulated amortization 9,921 8,928
Allowance for risk-sharing obligations 14,917 10,873
Deferred tax liability 39,749 30,226
Warehouse notes payable 218,426 248,419
Notes payable 23,869 27,621
Total liabilities 358,944 360,978
Stockholders' equity:    
Preferred shares, 50,000,000 authorized, none issued      
Common stock, $0.01 par value. Authorized 200,000,000; issued and outstanding 21,748,598 in 2011 and 21,408,171 in 2010 217 214
Additional paid-in capital 81,190 77,047
Retained earnings 82,245 47,381
Total stockholders' equity 163,652 124,642
Commitments and contingencies (note 11)      
Total liabilities and stockholders' equity $ 522,596 $ 485,620