CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income	$ 4,720	$ 8,230
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	606	671
Amortization of right-of-use assets	609	569
Provision for loan losses	3,088	560
Origination of loans held for sale	(96,064)	(120,373)
Proceeds from sales of loans held for sale	80,858	121,456
Purchase of held for sale loans	(203)	(6,362)
Repayments on loans held for sale	18,843	4,270
Net accretion of discount on purchased loans and deferred loan origination costs	2,265	2,169
Provision for uncollectible borrower advances	174	24
Gain on disposition of loans	(2,772)	(2,858)
Amortization of debt issuance discount and costs	8,862	4,573
Loss on disposal of property and equipment	38	6
Change in valuation of real estate owned	1,216	377
Change in valuation of fair value loans	(32)	34
Change in valuation of held for sale loans	961	(68)
Gain on sale of real estate owned	(395)	(156)
Stock-based compensation	460
Net deferred tax benefit	2,765	(2,711)
(Increase) decrease in operating assets and liabilities:
Accrued interest and other receivables	(4,440)	4,985
Other assets	(975)	(11,470)
Accounts payable and accrued expenses	3,156	5,279
Net cash provided by operating activities	23,740	9,205
Cash flows from investing activities:
Purchase of loans held for investment	(3,571)	(9,146)
Origination of loans held for investment	(153,600)	(296,132)
Payoffs of loans held for investment and loans at fair value	163,998	178,344
Proceeds from sale of real estate owned	2,827	1,843
Capitalized real estate owned improvements	(347)	(709)
Change in advances	(2,554)	(327)
Change in impounds and deposits	(3,367)	(1,633)
Purchase of property and equipment	(682)	(189)
Net cash provided by (used in) investing activities	2,704	(127,949)
Cash flows from financing activities:
Warehouse repurchase facilities advances	250,416	379,399
Warehouse repurchase facilities repayments	(511,664)	(315,414)
Repayment of secured financing	(75,000)
Proceeds of securitizations, net	341,926	235,535
Repayment of securitizations	(179,968)	(178,269)
Debt issuance costs	(5,268)	(3,537)
Net proceeds from issuance of preferred stock	41,045
Proceeds from issuance of warrants	2,158
Issuance of common stock	100,800
IPO deal costs	(1,903)
Net cash (used in) provided by financing activities	(37,458)	117,714
Net decrease in cash, cash equivalents, and restricted cash	(11,014)	(1,030)
Cash, cash equivalents, and restricted cash at beginning of period	27,552	16,677
Cash, cash equivalents, and restricted cash at end of period	16,538	15,647
Supplemental cash flow information:
Cash paid during the period for interest	42,824	40,675
Cash paid during the period for income taxes	38	12,485
Noncash transactions from investing and financing activities:
Transfer of loans held for investment to real estate owned	5,380	8,337
Deferred IPO costs charged against additional paid-in capital	(4,000)
Discount (premium) on issuance of securitizations	$ 3,126	45
Class C Preferred Units
Noncash transactions from investing and financing activities:
Return paid-in-kind on preferred units		934
Class D Preferred Units
Noncash transactions from investing and financing activities:
Return paid-in-kind on preferred units		$ 6,757