Accounts Payable, Accrued Expenses and Other (Tables)

6 Months Ended

Jun. 30, 2025

Payables and Accruals [Abstract]

Schedule of Accounts Payable, Accrued Expenses and Other

The following summarizes accounts payable, accrued expenses and other (in thousands):

	June 30, 2025		December 31, 2024
TRA liability	$	132,364	$	78,519
Servicing fees payable	113,713		95,621
Representations and warranties reserve	98,941		87,647
Accrued compensation and benefits	97,494		90,964
Accrued interest and bank fees	59,573		41,851
Other accrued expenses	48,177		36,773
Derivative settlements payable	45,801		13,622
Investor payables	31,789		24,883
Other accounts payable	27,698		37,352
Deferred tax liability	4,262		4,210
Margin call payable	935		66,551
Public and Private Warrants	749		2,743
Total accounts payable, accrued expenses and other	$	661,496	$	580,736