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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues    
Gains from mortgage banking activities$ 21,562$ 12,332$ 69,678$ 58,545
Servicing fees8,7576,98924,51719,769
Net warehouse interest income1,0527712,8282,944
Escrow earnings and other interest income3425181,1151,632
Other1,6431,5546,6212,889
Total revenues33,35622,164104,75985,779
Expenses    
Personnel11,3435,46433,41328,877
Amortization and depreciation6,2674,23116,25812,394
Provision for risk-sharing obligations9371,8173,4474,397
Interest expense on corporate debt1803426461,039
Other operating expenses4,9773,25312,2609,546
Total expenses23,70415,10766,02456,253
Income from operations9,6527,05738,73529,526
Income tax expense3,573 14,886 
Net income6,0797,05723,84929,526
Basic earnings per share (in dollars per share)$ 0.28$ 0.48$ 1.10$ 2.00
Diluted earnings per share (in dollars per share)$ 0.28$ 0.48$ 1.10$ 2.00
Basic weighted average shares outstanding (in shares)21,629,46314,741,50421,614,06214,741,504
Diluted weighted average shares outstanding (in shares)21,782,38314,741,50421,727,54014,741,504
Pro forma net income data    
Income from operations, as reported9,6527,05738,73529,526
Pro forma adjustments for income tax expense 2,682 11,220
Pro forma net income $ 4,375 $ 18,306
Pro forma basic earnings per share (in dollars per share) $ 0.30 $ 1.24
Pro forma diluted earnings per share (in dollars per share) $ 0.30 $ 1.24