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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 90,058 $ 191,218
Restricted cash 20,821 6,677
Pledged securities, at fair value 116,331 97,859
Loans held for sale, at fair value 1,074,348 951,829
Loans held for investment, net 497,291 66,510
Servicing fees and other receivables, net 50,419 41,693
Derivative assets 35,536 10,357
Mortgage servicing rights 670,146 634,756
Goodwill and other intangible assets 177,093 124,543
Other assets 50,014 82,985
Total assets 2,782,057 2,208,427
Liabilities    
Accounts payable and other liabilities 187,407 130,479
Performance deposits from borrowers 20,335 6,461
Derivative liabilities 32,697 1,850
Guaranty obligation, net of accumulated amortization 46,870 41,187
Allowance for risk-sharing obligations 4,622 3,783
Deferred tax liabilities, net 125,542 108,059
Warehouse notes payable 1,161,382 937,769
Note payable 296,010 163,858
Total liabilities 1,874,865 1,393,446
Equity    
Preferred shares, authorized 50,000; none issued.
Common stock, $0.01 par value. Authorized 200,000; issued and outstanding 29,497 shares at December 31, 2018 and 30,016 shares at December 31, 2017. 295 300
Additional paid-in capital ("APIC") 235,152 229,080
Accumulated other comprehensive income (loss) ("AOCI") (75) 93
Retained earnings 666,752 579,943
Total stockholders' equity 902,124 809,416
Noncontrolling interests 5,068 5,565
Total equity 907,192 814,981
Commitments and contingencies (NOTES 2 and 10)
Total liabilities and equity $ 2,782,057 $ 2,208,427