CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income (loss)	$ (2,900)	$ (5,120)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Gains on originated mortgage servicing rights	(39,850)	(31,619)
Depreciation and amortization	84,854	80,864
Provision for credit losses on the financial guarantee liability	1,357	2,583
Provision (reversal) for doubtful accounts	(636)	(1,438)
Equity-based compensation and allocation of net income to limited partnership units and FPUs	76,929	55,258
Employee loan amortization and other non-cash compensation expense	62,072	50,423
Deferred tax benefit	(136)	0
Non-cash changes in acquisition related earn-outs	(721)	194
Unrealized (gains) losses on loans held for sale	(16,056)	4,487
Income from an equity method investment	0	(8,535)
Unrealized (gains) losses on marketable securities	(36)	478
Unrealized loss (gain) on non-marketable investments	(48)	0
Loan originations—loans held for sale	(3,198,267)	(3,779,074)
Loan sales—loans held for sale	2,924,275	2,975,962
Other	1,734	4,692
Consolidated net income (loss), adjusted for non-cash and non-operating items	(107,429)	(650,845)
Changes in operating assets and liabilities:
Receivables, net	70,484	19,679
Loans, forgivable loans and other receivables from employees and partners, net	(185,745)	(177,837)
Right-of-use assets	64,920	17,941
Other assets	(13,420)	(20,804)
Accrued compensation	(111,573)	(89,601)
Right-of-use liability	(69,373)	(5,106)
Accounts payable, accrued expenses and other liabilities	24,778	7,580
Payables to related parties	89	(485)
Net cash used in operating activities	(327,269)	(899,478)
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for acquisitions, net of cash acquired and proceeds from divestitures	0	(99,885)
Purchase of non-marketable investments	(312)	0
Purchases of fixed assets	(16,308)	(33,634)
Net cash used in investing activities	(16,620)	(133,519)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from warehouse facilities	3,198,267	3,779,074
Principal payments on warehouse facilities	(2,904,037)	(2,985,008)
Borrowing of debt	775,000	225,000
Repayment of debt	(575,000)	0
Treasury stock repurchases	(92,668)	(13,361)
Earnings and tax distributions to limited partnership interests and other noncontrolling interests	(22,418)	(22,532)
Dividends to stockholders	(10,422)	(10,441)
Payments on acquisition earn-outs	0	(983)
Deferred financing costs	(5,340)	0
Net cash provided by financing activities	363,382	971,749
Net increase (decrease) in cash and cash equivalents and restricted cash	19,493	(61,248)
Cash and cash equivalents and restricted cash at beginning of period	258,706	312,952
Cash and cash equivalents and restricted cash at end of period	278,199	251,704
Cash paid during the period for:
Interest	4,792	22,078
Taxes	16,708	38,472
Supplemental disclosure of non-cash operating, investing and financing activities:
Right-of-use assets and liabilities	$ 569	$ 62,889