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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 428,339 $ 329,132
Restricted cash (amounts related to variable interest entities (VIEs) of $20,434 and $20,968) 64,001 67,878
Mortgage servicing rights (MSRs), at fair value 1,486,395 1,457,149
Advances, net 254,533 249,382
Match funded advances (related to VIEs) 801,990 937,294
Loans held for sale ($208,752 and $176,525 carried at fair value) 275,269 242,622
Loans held for investment, at fair value (amounts related to VIEs of $23,342 and $26,520) 6,292,938 5,498,719
Receivables, net 201,220 198,262
Premises and equipment, net 38,274 33,417
Other assets ($8,524 and $7,568 carried at fair value) (amounts related to VIEs of $4,078 and $2,874) 563,240 379,567
Assets related to discontinued operations 0 794
Total assets 10,406,199 9,394,216
Liabilities    
Home Equity Conversion Mortgage-Backed Securities (HMBS) - related borrowings, at fair value 6,063,435 5,380,448
Other financing liabilities ($972,595 and $1,057,671 carried at fair value) (amounts related to VIEs of $22,002 and $24,815) 972,595 1,062,090
Match funded liabilities (related to VIEs) 679,109 778,284
Other secured borrowings, net (amounts related to VIEs of $242,101 and $0) 1,025,791 448,061
Senior notes, net 311,085 448,727
Other liabilities ($100 and $4,986 carried at fair value) (amounts related to VIEs of $144 and $0) 942,173 703,636
Liabilities related to discontinued operations 0 18,265
Total liabilities 9,994,188 8,839,511
Commitments and Contingencies (Notes 25 and 26)
Stockholders’ Equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 134,862,232 and 133,912,425 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 1,349 1,339
Additional paid-in capital 556,798 554,056
(Accumulated deficit) retained earnings (138,542) 3,567
Accumulated other comprehensive loss, net of income taxes (7,594) (4,257)
Total stockholders’ equity 412,011 554,705
Total liabilities and stockholders’ equity $ 10,406,199 $ 9,394,216