CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 9,803	$ 21,465
Restricted cash	6,735	6,087
Loans held for sale, net	212,344	214,467
Loans held for investment, net	1,861,819	1,863,360
Loans held for investment, at fair value	2,956	2,960
Total loans, net	2,077,119	2,080,787
Accrued interest receivables	17,793	13,295
Receivables due from servicers	36,028	49,659
Other receivables	4,609	4,778
Real estate owned, net	15,648	13,068
Property and equipment, net	4,718	4,680
Net deferred tax asset	5,556	8,280
Other assets	9,042	12,667
Total assets	2,187,051	2,214,766
LIABILITIES
Accounts payable and accrued expenses	55,938	56,146
Secured financing, net	74,571	145,599
Securitizations, net	1,599,719	1,438,629
Warehouse repurchase facilities, net	160,796	421,548
Total liabilities	1,891,024	2,061,922
Commitments and contingencies
STOCKHOLDERS' / MEMBERS' EQUITY
Preferred stock ($0.01 par value, 25,000,000 shares authorized; 45,000 issued and outstanding as reflected in Mezzanine Equity)
Common stock ($0.01 par value, 100,000,000 shares authorized; 20,087,494 shares issued and outstanding at June 30, 2020, none issued and outstanding at December 31, 2019)	201
Additional paid-in capital	203,685
Retained earnings	2,141
Members’ equity (at December 31, 2019)		152,844
Total stockholders' / members’ equity	206,027	152,844
Total liabilities, mezzanine equity and stockholders' / members’ equity	2,187,051	$ 2,214,766
Series A Preferred Stock [Member]
MEZZANINE EQUITY
Series A Convertible preferred stock (45,000 shares designated, $0.01 par value; 45,000 shares issued and outstanding)	$ 90,000