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Revenues
 12 Months Ended
Dec. 31, 2025
Revenue [Abstract]  
Revenues
3. Revenues
Revenues— The Company disaggregates revenue based on the following revenue streams:
Gain on loans, net consisted of the following:
Year Ended December 31,
(Amounts in thousands)20252024
Gain on sale of loans, net$128,209 $59,242 
Broker revenue7,118 8,933 
Loan repurchase reserve recovery821 9,923 
Total gain on loans, net$136,148 $78,098 
Other revenue consisted of the following:
Year Ended December 31,
(Amounts in thousands)20252024
International lending revenue$5,185 $3,999 
Insurance services2,536 3,466 
Real estate services1,896 2,470 
Other revenue1,682 2,953 
Total other revenue$11,299 $12,888 
Net interest income consisted of the following:
Year Ended December 31,
(Amounts in thousands)20252024
Interest income
Mortgage interest income$28,759 $19,839 
Interest income on loans held for investment20,791 2,258 
Interest income from investments10,719 16,893 
Total interest income60,269 38,990 
Interest expense
Warehouse interest expense(20,134)(11,258)
Interest expense on customer deposits(20,996)(2,508)
Other interest expense(1)
(1,714)(7,722)
Total interest expense(42,844)(21,488)
Total net interest income$17,425 $17,502 
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(1) Primarily consists of interest on Convertible Notes, see Note 13 for more details.