June 30,

December 31,

2025

2024

(in thousands)

Margin deposits

$

264,992

$

288,153

Capitalized software, net

112,291

120,802

Servicing fees receivable, net

45,357

38,676

Other servicing receivables

47,842

54,058

Interest receivable

41,355

41,286

Prepaid expenses

39,784

45,762

Real estate acquired in settlement of loans

31,223

14,976

Operating lease right-of-use assets

30,745

36,572

Deposits securing Assets sold under agreements to repurchase and
Notes payable secured by mortgage servicing assets

13,124

16,697

Furniture, fixtures, equipment and building improvements, net

10,758

12,916

Other

77,206

100,183

$

714,677

$

770,081

Deposits securing Assets sold under agreements to repurchase or Notes payable secured by mortgage servicing assets

$

13,124

$

16,697