EXPENSES, REALIZED AND UNREALIZED GAINS (LOSSES), NET AND OTHER (AS RESTATED) (Tables)

3 Months Ended

Mar. 31, 2024

Other Income and Expenses [Abstract]

Schedule of Other Revenues

Other Revenues consists of the following:

	Three Months Ended March 31,
	2024		2023
Property and maintenance	$	32,380	$	33,637
Rental	18,949		18,123
Other	7,019		6,384
Total other revenues	$	58,348	$	58,144

Schedule of General and Administrative Expenses

General and Administrative expenses consists of the following:

	Three Months Ended March 31,
	2024 (As Restated)		2023 (As Restated)
Legal and professional	$	21,489	$	12,755
Loan origination	15,435		11,757
Occupancy	17,048		18,366
Subservicing	19,428		35,256
Loan servicing	5,591		3,300
Property and maintenance	32,264		24,035
Information technology	41,202		34,968
Other	44,737		27,042
Total general and administrative expenses	$	197,194	$	167,479

Schedule of Components of Other Income (Loss)

The following table summarizes the components of other income (loss):

	Three Months Ended March 31,
	2024 (As Restated)		2023 (As Restated)
Real estate and other securities	$	(102,963)	$	83,851
Residential mortgage loans and REO	3,526		18,097
Derivative and hedging instruments	41,932		(151,006)
Notes and bonds payable	226		(2,500)
Consolidated CFEs(A)	16,412		12,244
Other(B)	(3,979)		(26,591)
Realized and unrealized gains (losses), net	$	(44,846)	$	(65,905)
Other income (loss), net	7,926		(25,166)
Total other income (loss)	$	(36,920)	$	(91,071)

(A)Includes change in the fair value of the consolidated CFEs’ financial assets and liabilities and related interest and other income.

(B)Includes excess MSRs, servicer advance investments, consumer loans and other.