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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 224,091 $ 197,691
Restricted cash and short-term investments 114,682 107,174
Loans held for sale, at fair value 1,400,208 774,905
Other current assets (see Note 16) 118,829 87,976
Total current assets 2,442,649 1,772,673
Goodwill 782,482 770,886
Mortgage servicing rights, net 508,100 517,579
Loans, forgivable loans and other receivables from employees and partners, net 856,516 769,395
Right-of-use assets 469,382 500,464
Fixed assets, net 157,077 166,729
Other intangible assets, net 50,320 64,468
Other assets (see Note 16) 193,956 147,926
Total assets 5,460,482 4,710,120
Current liabilities:    
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises 1,350,390 754,308
Accrued compensation 391,030 448,183
Accounts payable, accrued expenses and other liabilities (see Note 25) 626,027 577,940
Payables to related parties 4,786 0
Total current liabilities 2,372,233 1,780,431
Long-term debt 746,478 670,673
Right-of-use liabilities 459,469 489,832
Other long-term liabilities (see Note 25) 250,875 231,115
Total liabilities 3,829,055 3,172,051
Commitments and contingencies (see Note 27)
Redeemable partnership interests 11,516 13,900
Equity:    
Additional paid-in capital 965,678 753,001
Retained earnings 1,249,200 1,207,285
Treasury stock at cost: 85,916,753 and 74,983,414 shares of Class A common stock at September 30, 2025 and December 31, 2024, respectively (852,154) (745,931)
Accumulated other comprehensive loss 2,585 (11,287)
Total stockholders’ equity 1,367,955 1,205,525
Noncontrolling interests 251,956 318,644
Total equity 1,619,911 1,524,169
Total liabilities, redeemable partnership interests, and equity 5,460,482 4,710,120
Nonrelated Party    
Current assets:    
Receivables, net 584,839 604,601
Related Party    
Current assets:    
Receivables, net 0 326
Loans, forgivable loans and other receivables from employees and partners, net 856,500 769,400
Current liabilities:    
Payables to related parties 4,800 0
Class A Common Stock    
Equity:    
Common stock value 2,434 2,245
Class B Common Stock    
Equity:    
Common stock value $ 212 $ 212