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Revenue
 9 Months Ended
Sep. 30, 2025
Revenue [Abstract]  
Revenue
3. Revenue
Revenue— The Company disaggregates revenue based on the following revenue streams:
Gain on loans, net consisted of the following:
Three Months Ended September 30,Nine Months Ended September 30,
(Amounts in thousands)2025202420252024
Gain on sale of loans, net$36,249 $15,836 $91,542 $44,032 
Broker revenue1,608 2,441 5,114 7,184 
Loan repurchase reserve recovery/(provision)(1,436)3,226 1,113 10,168 
Total gain on loans, net$36,421 $21,503 $97,769 $61,384 
Other revenue consisted of the following:
Three Months Ended September 30,Nine Months Ended September 30,
(Amounts in thousands)2025202420252024
International lending revenue$2,267 $1,190 $5,241 $3,517 
Insurance services587 438 2,085 1,614 
Real estate services466 753 1,564 1,753 
Other revenue/(loss)(543)689 1,217 1,884 
Total other revenue$2,777 $3,070 $10,107 $8,768 
Net interest income consisted of the following:
Three Months Ended September 30,Nine Months Ended September 30,
(Amounts in thousands)2025202420252024
Interest income
Mortgage interest income$7,075 $5,400 $21,298 $12,832 
Interest income on loans held for investment6,560 705 12,333 1,008 
Interest income from investments3,220 3,762 7,826 14,060 
Total interest income16,855 9,867 41,457 27,900 
Interest expense
Warehouse interest expense(5,627)(3,178)(14,142)(7,575)
Interest expense on customer deposits(6,559)(637)(12,916)(1,007)
Other interest expense (1)
— (1,631)(1,711)(5,963)
Total interest expense(12,186)(5,446)(28,769)(14,545)
Total net interest income/(loss)$4,669 $4,421 $12,688 $13,355 
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(1) Primarily consists of interest on Convertible Notes, see Note 10 for more details.