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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 212,070 $ 229,109
Restricted cash and short-term investments 122,916 120,176
Loans held for sale, at fair value 1,141,298 913,302
Other current assets (see Note 17) 116,792 114,050
Total current assets 2,272,824 2,005,042
Goodwill 798,289 802,040
Mortgage servicing rights, net 514,248 517,994
Loans, forgivable loans and other receivables from employees and partners, net 900,339 862,204
Right-of-use assets 416,118 447,765
Fixed assets, net 154,424 156,490
Other intangible assets, net 74,997 76,336
Other assets (see Note 17) 147,818 151,296
Total assets 5,279,057 5,019,167
Current liabilities:    
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises 1,124,651 892,439
Accrued compensation 399,720 440,337
Accounts payable, accrued expenses and other liabilities (see Note 26) 572,893 572,294
Payables to related parties 2,261 1,835
Total current liabilities 2,099,525 1,906,905
Long-term debt 832,015 671,746
Right-of-use liabilities 406,590 437,205
Other long-term liabilities (see Note 26) 249,332 251,507
Total liabilities 3,587,462 3,267,363
Commitments and contingencies (see Note 28)
Redeemable partnership interests 11,025 12,049
Equity:    
Additional paid-in capital 1,046,655 998,903
Retained earnings 1,320,725 1,311,748
Treasury stock at cost: 95,557,475 and 86,125,782 shares of Class A common stock at March 31, 2026 and December 31, 2025, respectively (969,611) (854,565)
Accumulated other comprehensive loss (1,573) 2,808
Total stockholders’ equity 1,398,924 1,461,574
Noncontrolling interests 281,646 278,181
Total equity 1,680,570 1,739,755
Total liabilities, redeemable partnership interests, and equity 5,279,057 5,019,167
Nonrelated Party    
Current assets:    
Receivables, net 679,748 628,405
Related Party    
Current assets:    
Receivables, net 0 0
Loans, forgivable loans and other receivables from employees and partners, net 900,300 862,200
Current liabilities:    
Payables to related parties 2,300 1,800
Class A Common Stock    
Equity:    
Common stock value 2,516 2,468
Class B Common Stock    
Equity:    
Common stock value $ 212 $ 212