2021 Q4 Form 10-K Financial Statement

#000182116022000009 Filed on March 14, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $375.6M $1.576B $521.9M
YoY Change -28.03% -2.82% -49.01%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $290.8M $1.173B $340.4M
YoY Change -14.56% 8.54% -51.08%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.119M $11.49M $2.810M
YoY Change 46.58% 53.17% -28.86%
% of Gross Profit
Operating Expenses $298.1M $1.189B $404.2M
YoY Change -26.25% 5.44% -58.0%
Operating Profit
YoY Change
Interest Expense -$15.56M $61.59M -$17.20M
YoY Change -9.53% 2.36% -68.95%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $61.94M $386.9M $100.5M
YoY Change -38.37% -21.68% 1623.84%
Income Tax $19.79M $103.1M $22.80M
% Of Pretax Income 31.96% 26.66% 22.69%
Net Earnings $42.14M $283.8M $77.70M
YoY Change -45.77% -23.42% 1293.22%
Net Earnings / Revenue 11.22% 18.0% 14.89%
Basic Earnings Per Share $4.69
Diluted Earnings Per Share $685.7K $4.67 $1.291M
COMMON SHARES
Basic Shares Outstanding 60.51M shares 19.67M
Diluted Shares Outstanding 60.83M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $243.1M $243.1M $334.6M
YoY Change -27.34% -27.34%
Cash & Equivalents $243.1M $243.1M $334.6M
Short-Term Investments
Other Short-Term Assets $32.90M $32.90M $16.70M
YoY Change 97.01% 97.01%
Inventory
Prepaid Expenses
Receivables $68.36M $68.36M $43.40M
Other Receivables $0.00 $0.00 $1.500M
Total Short-Term Assets $344.4M $344.4M $396.2M
YoY Change -13.08% -13.08%
LONG-TERM ASSETS
Property, Plant & Equipment $15.83M $102.3M $14.77M
YoY Change 7.18% 0.02% 50.21%
Goodwill $175.1M $62.83M
YoY Change 178.74% 0.0%
Intangibles
YoY Change
Long-Term Investments $2.204B $2.204B $2.369B
YoY Change -6.95% -6.95%
Other Assets $5.012M $5.012M $5.000M
YoY Change 0.24% 0.24%
Total Long-Term Assets $4.039B $4.039B $4.422B
YoY Change -8.66% -8.66%
TOTAL ASSETS
Total Short-Term Assets $344.4M $344.4M $396.2M
Total Long-Term Assets $4.039B $4.039B $4.422B
Total Assets $4.383B $4.383B $4.818B
YoY Change -9.03% -9.03% 84.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.84M $56.84M $41.10M
YoY Change 38.29% 38.29%
Accrued Expenses $172.9M $172.9M $201.2M
YoY Change -14.06% -14.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $229.8M $229.8M $261.8M
YoY Change -12.24% -12.24%
LONG-TERM LIABILITIES
Long-Term Debt $2.907B $2.907B $3.566B
YoY Change -18.49% -18.49%
Other Long-Term Liabilities $184.2M $184.2M $164.8M
YoY Change 11.79% 11.79%
Total Long-Term Liabilities $3.091B $3.091B $3.731B
YoY Change -17.15% -17.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $229.8M $229.8M $261.8M
Total Long-Term Liabilities $3.091B $3.091B $3.731B
Total Liabilities $3.463B $3.463B $4.082B
YoY Change -15.16% -15.16% 85.43%
SHAREHOLDERS EQUITY
Retained Earnings $877.2M $717.4M
YoY Change 22.28% 86.84%
Common Stock $42.18M $18.04M
YoY Change 133.85% -18.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $920.0M $920.0M $736.0M
YoY Change
Total Liabilities & Shareholders Equity $4.383B $4.383B $4.818B
YoY Change -9.03% -9.03% 84.78%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $42.14M $283.8M $77.70M
YoY Change -45.77% -23.42% 1293.22%
Depreciation, Depletion And Amortization $4.119M $11.49M $2.810M
YoY Change 46.58% 53.17% -28.86%
Cash From Operating Activities -$88.85M $680.5M -$50.31M
YoY Change 76.61% -245.38% -59.32%
INVESTING ACTIVITIES
Capital Expenditures -$1.067M $4.605M -$1.240M
YoY Change -13.95% -44.07% -44.39%
Acquisitions $100.2M
YoY Change
Other Investing Activities -$13.31M -$100.1M $2.210M
YoY Change -702.08% 922.01% -124.78%
Cash From Investing Activities -$14.37M -$104.7M $960.0K
YoY Change -1597.19% 480.64% -108.61%
FINANCING ACTIVITIES
Cash Dividend Paid $121.1M
YoY Change 225.84%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $4.250M
YoY Change -96.95%
Cash From Financing Activities 42.39M -$667.3M 136.7M
YoY Change -68.98% -192.82% -16.9%
NET CHANGE
Cash From Operating Activities -88.85M $680.5M -50.31M
Cash From Investing Activities -14.37M -$104.7M 960.0K
Cash From Financing Activities 42.39M -$667.3M 136.7M
Net Change In Cash -60.83M -$91.51M 87.33M
YoY Change -169.66% -139.29% 194.34%
FREE CASH FLOW
Cash From Operating Activities -$88.85M $680.5M -$50.31M
Capital Expenditures -$1.067M $4.605M -$1.240M
Free Cash Flow -$87.79M $675.9M -$49.07M
YoY Change 78.9% -241.9% -59.59%

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CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
31705000 USD
CY2021 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
1289465000 USD
CY2020 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
1323482000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
36644000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3092000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4473000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-146000 USD
CY2021 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
7694000 USD
CY2020 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
9077000 USD
CY2021 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
1529000 USD
CY2020 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
3167000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
5982000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
1045000 USD
CY2021 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
37178171000 USD
CY2020 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
35238696000 USD
CY2021 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
39029444000 USD
CY2020 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
35754326000 USD
CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
21819000 USD
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
13312000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
19457000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11563000 USD
CY2021 ghld Increase Decrease In Mortgage Servicing Rights
IncreaseDecreaseInMortgageServicingRights
-325099000 USD
CY2020 ghld Increase Decrease In Mortgage Servicing Rights
IncreaseDecreaseInMortgageServicingRights
-324903000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
437000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7845000 USD
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-42862000 USD
CY2020 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
61016000 USD
CY2021 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-54260000 USD
CY2020 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
20469000 USD
CY2021 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
27507000 USD
CY2020 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
15348000 USD
CY2021 ghld Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
-18839000 USD
CY2020 ghld Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
-17358000 USD
CY2021 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
6494000 USD
CY2020 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
34044000 USD
CY2021 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
171000 USD
CY2020 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
494000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
680459000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-468041000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
100233000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
178000 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
35000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4605000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8233000 USD
CY2021 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
0 USD
CY2020 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
9827000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-104660000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18025000 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
38002230000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
34429145000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
38650452000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
33587967000 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
108500000 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
67000000 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4250000 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
139250000 USD
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
6336000 USD
CY2021 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-2308000 USD
CY2020 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-1967000 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4495000 USD
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
25000 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
121057000 USD
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
37166000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-667312000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
718964000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-91513000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
232898000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
339633000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106735000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
248120000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
339633000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
46326000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
46082000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
120748000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
49508000 USD
CY2021 ghld Number Of Branches Entity Operates
NumberOfBranchesEntityOperates
260 branch
CY2021 ghld Number Of Channels Of Business
NumberOfChannelsOfBusiness
2 channel
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#0e32e1;font-family:'Verdana',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Although management is not currently aware of any factors that would significantly change its estimates and assumptions, actual results could materially differ from those estimates.</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Beginning in early 2020 and continuing through 2021, the coronavirus (“COVID-19”) pandemic, including the emergence of new variants and strains of COVID-19, has presented a substantial public health challenge throughout the United States. The Company remains fully functional in both its origination and servicing operations. The Company continues to monitor guidance published by the World Health Organization, Centers for Disease Control and Prevention, local and federal government agencies and the Mortgage Bankers Association and is in continual communication with its investors regarding the developments in the mortgage industry.</span></div>
CY2021 ghld Direct Expenses Related To Loan Origination Fees And Gain On Sale Of Loans
DirectExpensesRelatedToLoanOriginationFeesAndGainOnSaleOfLoans
252302000 USD
CY2020 ghld Direct Expenses Related To Loan Origination Fees And Gain On Sale Of Loans
DirectExpensesRelatedToLoanOriginationFeesAndGainOnSaleOfLoans
266451000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
243108000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
334623000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
5012000 USD
CY2021 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P3Y
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
5010000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
248120000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
339633000 USD
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
2 property
CY2021Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
200000 USD
CY2020Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
200000 USD
CY2021Q4 us-gaap Inventory Real Estate
InventoryRealEstate
300000 USD
CY2020Q4 us-gaap Inventory Real Estate
InventoryRealEstate
1200000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
12900000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
11900000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
7955000 USD
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.00
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
121100000 USD
CY2021Q4 us-gaap Escrow Deposit
EscrowDeposit
1100000000 USD
CY2020Q4 us-gaap Escrow Deposit
EscrowDeposit
1700000000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt"><span style="color:#0e32e1;font-family:'Verdana',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Risks and Uncertainties</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In the normal course of business, companies in the mortgage banking industry encounter certain economic, liquidity, and regulatory risks.</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Economic risk includes interest rate risk and credit risk.</span></div><div style="margin-top:12pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Interest rate risk</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company’s mortgage loans held for sale, commitments to originate loans, and mortgage servicing rights are subject to interest rate risk. For mortgage loans held for sale and commitments to originate loans, to the extent that a rising interest rate environment exists, the Company may experience a decrease in loan production and decreases in value, which may negatively impact the Company’s operations. To mitigate this risk the Company uses hedging strategies designed to ensure any fluctuations in rates would not have a material impact on the Company’s financial position. For the Company’s mortgage servicing rights, to the extent that a declining interest rate environment exists, the Company may experience decreases in the fair value of the portfolio, which may negatively impact the Company’s financial position. For the years ended December 31, 2021 and 2020, the Company experienced a decline in the valuation of its MSR portfolio. Since the Company also has a large origination platform the Company believes it was able to mitigate this risk by recapturing a significant portion of the runoff through refinances.</span></div><div style="margin-top:12pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Credit risk</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Credit risk is the risk of default that may result from borrowers’ inability or unwillingness to make contractually required payments during the period in which loans are being held for sale. The Company considers credit risk associated with these loans to be insignificant as it holds the loans for a short period of time, typically less than a month, and historically the Company has not experienced any material losses due to credit risk on loans held for sale.</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company sells loans to investors without recourse. As such, the investors have assumed the risk of loss or default by the borrower. However, the Company is usually required by these investors to make certain standard representations and warranties relating to credit information, loan documentation and collateral. To the extent that the Company does not comply with such representations, or there are early payment defaults, the Company may be required to repurchase the loans or indemnify these investors for any losses from borrower defaults, defects in the collateral or errors made in the credit decision.</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company is also subject to counterparty credit risk in the event of contractual nonperformance by its trading counterparties to its various over-the-counter derivative financial instruments. The Company manages this credit risk by selecting only counterparties that it believes to be financially strong, spreading the credit risk among many such counterparties, placing contractual limits on the amount of unsecured credit extended to any single counterparty, and entering into netting agreements with the counterparties as appropriate. The master netting agreements contain a legal right to offset amounts due to and from the same counterparty. Derivative assets in the Consolidated Balance Sheets represent derivative contracts in a gain position net of loss positions with the same counterparty and, therefore, also represent the Company’s maximum counterparty credit risk. The Company incurred no credit losses due to nonperformance of any of its counterparties during the years ended December 31, 2021 and 2020.</span></div><div style="margin-top:12pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Liquidity risk</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company encounters liquidity risk as the business requires substantial cash to support its operating activities. As a result, the Company is dependent on its lines of credit, and other financing facilities in order to finance its continued operations. If the Company’s principal lenders decided to terminate or not to renew these credit facilities with the Company, the loss of borrowing capacity could have an adverse impact on the Company’s financial statements unless the Company found a suitable alternative source. To mitigate this risk, the Company has multiple financing facilities with different lenders and varied maturity dates. Historically, the Company has not had a line of credit involuntarily terminated by a lender. The Company assesses market conditions and closely monitors and projects cash flows over multiple time periods to anticipate and mitigate liquidity risk.</span></div><div style="margin-top:12pt;text-indent:15.75pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Regulatory risk</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company is subject to extensive and comprehensive regulation under federal, state and local laws in the United States. These laws and regulations significantly affect the way in which the Company does business and can restrict the scope of the Company’s existing business and limit the Company’s ability to expand product offerings or pursue acquisitions, or can make costs to service or originate loans higher, which could impact financial results. The Company continually monitors its regulatory environment for any changes that could have a significant impact on operations.</span></div>
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 USD
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 USD
CY2021Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2204216000 USD
CY2021Q4 ghld Mortgages Held For Sale Unpaid Principal Balance
MortgagesHeldForSaleUnpaidPrincipalBalance
2184326000 USD
CY2021 ghld Gain Loss On Mortgage Loans Held For Sale At Fair Value
GainLossOnMortgageLoansHeldForSaleAtFairValue
19890000 USD
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2368777000 USD
CY2020Q4 ghld Mortgages Held For Sale Unpaid Principal Balance
MortgagesHeldForSaleUnpaidPrincipalBalance
2293895000 USD
CY2020 ghld Gain Loss On Mortgage Loans Held For Sale At Fair Value
GainLossOnMortgageLoansHeldForSaleAtFairValue
74882000 USD
CY2021Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
43660000 USD
CY2020Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
36241000 USD
CY2021Q4 ghld Foreclosure Advance Net
ForeclosureAdvanceNet
19311000 USD
CY2020Q4 ghld Foreclosure Advance Net
ForeclosureAdvanceNet
2894000 USD
CY2021Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
3043000 USD
CY2020Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
2707000 USD
CY2021Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2345000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1548000 USD
CY2021Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
68359000 USD
CY2020Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
43390000 USD
CY2020Q4 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
12402000 USD
CY2019Q4 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
7869000 USD
CY2021 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
1529000 USD
CY2020 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
3167000 USD
CY2021 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
-518000 USD
CY2020 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
7700000 USD
CY2021Q4 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
10355000 USD
CY2020Q4 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
12402000 USD
CY2021Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
32900000 USD
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
16652000 USD
CY2021Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
38824000 USD
CY2020Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
29910000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15834000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14773000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
86484000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
87508000 USD
CY2021Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
39295000 USD
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
0 USD
CY2021Q4 ghld Real Estate Owned
RealEstateOwned
471000 USD
CY2020Q4 ghld Real Estate Owned
RealEstateOwned
1354000 USD
CY2021Q4 us-gaap Land
Land
146000 USD
CY2020Q4 us-gaap Land
Land
0 USD
CY2021Q4 us-gaap Trading Securities
TradingSecurities
107000 USD
CY2020Q4 us-gaap Trading Securities
TradingSecurities
78000 USD
CY2021Q4 us-gaap Other Assets
OtherAssets
214061000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
150275000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
82507000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
60909000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
66673000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
46136000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15834000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14773000 USD
CY2020 us-gaap Depreciation Nonproduction
DepreciationNonproduction
7500000 USD
CY2021 us-gaap Depreciation Nonproduction
DepreciationNonproduction
7500000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
631000 USD
CY2021Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
-2710000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2079000 USD
CY2020Q4 ghld Derivative Asset Liability Fair Value Gross Asset Liability
DerivativeAssetLiabilityFairValueGrossAssetLiability
-43095000 USD
CY2020Q4 ghld Derivative Asset Liability Collateral Obligation To Return Right To Reclaim Cash Offset
DerivativeAssetLiabilityCollateralObligationToReturnRightToReclaimCashOffset
4825000 USD
CY2020Q4 ghld Derivative Asset Liability Subject To Master Netting Arrangement
DerivativeAssetLiabilitySubjectToMasterNettingArrangement
-38270000 USD
CY2020Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
446998000 USD
CY2019Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
418402000 USD
CY2021 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
337273000 USD
CY2020 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
324903000 USD
CY2021 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
7359000 USD
CY2020 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
0 USD
CY2021 ghld Servicing Asset At Fair Value Changes In Fair Value Resulting From Collection Or Realization Of Cash Flows
ServicingAssetAtFairValueChangesInFairValueResultingFromCollectionOrRealizationOfCashFlows
-150954000 USD
CY2020 ghld Servicing Asset At Fair Value Changes In Fair Value Resulting From Collection Or Realization Of Cash Flows
ServicingAssetAtFairValueChangesInFairValueResultingFromCollectionOrRealizationOfCashFlows
-124742000 USD
CY2021 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
49382000 USD
CY2020 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-171565000 USD
CY2021Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
675340000 USD
CY2020Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
446998000 USD
CY2021 us-gaap Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
P5Y10M24D
CY2020 us-gaap Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
P5Y1M6D
CY2021 ghld Servicing Fees From Servicing Portfolio
ServicingFeesFromServicingPortfolio
189097000 USD
CY2020 ghld Servicing Fees From Servicing Portfolio
ServicingFeesFromServicingPortfolio
155362000 USD
CY2021 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
5429000 USD
CY2020 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
5229000 USD
CY2021 ghld Ancillary Fee Income Expense Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeExpenseGeneratedByServicingFinancialAssetsAmount
233000 USD
CY2020 ghld Ancillary Fee Income Expense Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeExpenseGeneratedByServicingFinancialAssetsAmount
-354000 USD
CY2021 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
194759000 USD
CY2020 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
160237000 USD
CY2021Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
70900000000 USD
CY2020Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
60800000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
25806000 USD
CY2021Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
35704000 USD
CY2021Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
69207000 USD
CY2021Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
23135000 USD
CY2021Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
45139000 USD
CY2021Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInOtherAssumption
7875000 USD
CY2021Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInOtherAssumption
16288000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
36117000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
66419000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
18638000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
32312000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInOtherAssumption
10334000 USD
CY2020Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInOtherAssumption
16700000 USD
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2368777000 USD
CY2019Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
1504842000 USD
CY2021 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
37178171000 USD
CY2020 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
35238696000 USD
CY2021 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
39029444000 USD
CY2020 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
35754326000 USD
CY2021 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
465020000 USD
CY2020 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
0 USD
CY2021 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
1289465000 USD
CY2020 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
1323482000 USD
CY2021 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-67773000 USD
CY2020 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
56083000 USD
CY2021Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2204216000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2334000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7950000 USD
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2368777000 USD
CY2021Q4 ghld Mortgage Loans Held For Sale Unpaid Principal Balances Of Underlying Loans
MortgageLoansHeldForSaleUnpaidPrincipalBalancesOfUnderlyingLoans
2200000000 USD
CY2021Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2200000000 USD
CY2020Q4 ghld Mortgage Loans Held For Sale Unpaid Principal Balances Of Underlying Loans
MortgageLoansHeldForSaleUnpaidPrincipalBalancesOfUnderlyingLoans
2300000000 USD
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2400000000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
86484000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
87508000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
97836000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
94891000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1974000 USD
CY2021 us-gaap Lease Cost
LeaseCost
31466000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
25311000 USD
CY2020 us-gaap Lease Cost
LeaseCost
30885000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
3821000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
3105000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
21705000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
24565000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
18839000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
33401000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20704000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
26092000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14784000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
10520000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8309000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
29160000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
109569000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11733000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
97836000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
62834000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
62834000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
112310000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
175144000 USD
CY2020Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
45000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3975000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41025000 USD
CY2021 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P5Y3M18D
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7950000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7500000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7050000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7050000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3525000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41025000 USD
CY2020Q4 ghld Investor Reserves
InvestorReserves
14535000 USD
CY2019Q4 ghld Investor Reserves
InvestorReserves
16521000 USD
CY2021 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
7694000 USD
CY2020 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
9077000 USD
CY2021 ghld Investor Reserves Additions
InvestorReservesAdditions
1507000 USD
CY2020 ghld Investor Reserves Additions
InvestorReservesAdditions
0 USD
CY2021 ghld Provision For Investor Reserves
ProvisionForInvestorReserves
10089000 USD
CY2020 ghld Provision For Investor Reserves
ProvisionForInvestorReserves
7091000 USD
CY2021Q4 ghld Investor Reserves
InvestorReserves
18437000 USD
CY2020Q4 ghld Investor Reserves
InvestorReserves
14535000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
48368000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
98187000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
13346000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
22214000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
61714000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
120401000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
31568000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2190000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9867000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
902000 USD
CY2021 ghld Deferred Income Tax Expense Benefit Including Acquisition Adjustments
DeferredIncomeTaxExpenseBenefitIncludingAcquisitionAdjustments
41435000 USD
CY2020 ghld Deferred Income Tax Expense Benefit Including Acquisition Adjustments
DeferredIncomeTaxExpenseBenefitIncludingAcquisitionAdjustments
3092000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103149000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
123493000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
81254000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
19904000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
103755000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
19449000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
2092000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.005
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
7115000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.014
CY2021 ghld Income Tax Reconciliation Permanent Items
IncomeTaxReconciliationPermanentItems
789000 USD
CY2021 ghld Effective Income Tax Rate Reconciliation Permanent Items
EffectiveIncomeTaxRateReconciliationPermanentItems
0.002
CY2020 ghld Income Tax Reconciliation Permanent Items
IncomeTaxReconciliationPermanentItems
1887000 USD
CY2020 ghld Effective Income Tax Rate Reconciliation Permanent Items
EffectiveIncomeTaxRateReconciliationPermanentItems
0.004
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
648000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0
CY2021 ghld Effective Income Tax Rate Reconciliation Federal And State Tax Credits Net Of Federal Tax Benefit
EffectiveIncomeTaxRateReconciliationFederalAndStateTaxCreditsNetOfFederalTaxBenefit
-0.002
CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
536000 USD
CY2020 ghld Effective Income Tax Rate Reconciliation Federal And State Tax Credits Net Of Federal Tax Benefit
EffectiveIncomeTaxRateReconciliationFederalAndStateTaxCreditsNetOfFederalTaxBenefit
-0.001
CY2021 ghld Income Tax Reconciliation Deferred Compensation Adjustment
IncomeTaxReconciliationDeferredCompensationAdjustment
0 USD
CY2021 ghld Effective Income Tax Rate Reconciliation Deferred Compensation Adjustment
EffectiveIncomeTaxRateReconciliationDeferredCompensationAdjustment
0
CY2020 ghld Income Tax Reconciliation Deferred Compensation Adjustment
IncomeTaxReconciliationDeferredCompensationAdjustment
-8834000 USD
CY2020 ghld Effective Income Tax Rate Reconciliation Deferred Compensation Adjustment
EffectiveIncomeTaxRateReconciliationDeferredCompensationAdjustment
-0.018
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
213000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.002
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
202000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103149000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.267
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
123493000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.250
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
8979000 USD
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
7494000 USD
CY2021Q4 ghld Deferred Tax Assets Accrued Compensation And Benefits
DeferredTaxAssetsAccruedCompensationAndBenefits
3249000 USD
CY2020Q4 ghld Deferred Tax Assets Accrued Compensation And Benefits
DeferredTaxAssetsAccruedCompensationAndBenefits
3705000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
16522000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
13277000 USD
CY2021Q4 ghld Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
24727000 USD
CY2020Q4 ghld Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
23440000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
195000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
1240000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
53672000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
57111000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
160966000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
98660000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3537000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
0 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
27000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
19000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
6542000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
22743000 USD
CY2021Q4 ghld Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
22642000 USD
CY2020Q4 ghld Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
23127000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2203000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1932000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
195917000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
146481000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
142245000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
89370000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
283773000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
283773000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
370577000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
370577000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60511000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60000000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60825000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60056000 shares
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EarningsPerShareBasic
4.69
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EarningsPerShareBasic
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EarningsPerShareDiluted
4.67
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.17
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
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NumberOfClassesOfStock
2 class
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CommitmentsToFundDerivatives
3200000000 USD
CY2021Q1 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
1900000 USD
CY2021Q4 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
84482000 USD
CY2020Q4 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
78064000 USD
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
91291000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021 ghld Loan Origination Fees And Gain On Sale Of Loans Net
LoanOriginationFeesAndGainOnSaleOfLoansNet
1480516000 USD
CY2021 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
194759000 USD
CY2021 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
101572000 USD
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2520000 USD
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
87000 USD
CY2021 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1576310000 USD
CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1019790000 USD
CY2021 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
67328000 USD
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11488000 USD
CY2021 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103149000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
283782000 USD
CY2020 ghld Loan Origination Fees And Gain On Sale Of Loans Net
LoanOriginationFeesAndGainOnSaleOfLoansNet
1759871000 USD
CY2020 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
160237000 USD
CY2020 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
296307000 USD
CY2020 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-2519000 USD
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
765000 USD
CY2020 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1622047000 USD
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
953758000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
101948000 USD
CY2020 us-gaap Communications Information Technology And Occupancy
CommunicationsInformationTechnologyAndOccupancy
57070000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7501000 USD
CY2020 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
7700000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
123493000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
370577000 USD
CY2021 dei Auditor Name
AuditorName
KPMG LLP
CY2021 dei Auditor Location
AuditorLocation
Los Angeles, California
CY2021 dei Auditor Firm
AuditorFirmId
185

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