Other income and operating expenses (Tables)

6 Months Ended

Jun. 30, 2024

Other income and operating expenses

Schedule of other income and operating expenses

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2024		2023		2024		2023
Other income:
Origination income	$	2,473	$	6,316	$	5,130	$	10,928
Change in repair and denial reserve		(959)		527		(2,166)		328
ERC consulting income		95		8,481		2,586		18,156
Other		4,988		3,308		16,873		9,612
Total other income	$	6,597	$	18,632	$	22,423	$	39,024
Other operating expenses:
Origination costs		1,415		1,744		3,229		3,399
Technology expense		2,232		1,578		4,825		3,090
Impairment on real estate		9,130		—		26,102		3,418
Rent and property tax expense		1,372		1,043		3,690		2,111
Recruiting, training and travel expense		525		722		1,232		1,353
Marketing expense		350		220		749		532
Bad debt expense - ERC		1,808		—		3,621		—
Other		4,970		4,250		8,541		8,263
Total other operating expenses	$	21,802	$	9,557	$	51,989	$	22,166