2023 Q4 Form 10-K Financial Statement

#000182116024000009 Filed on March 14, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022
Revenue $206.1M $852.9M $1.165B
YoY Change 16.43% -26.78% -26.1%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $172.4M $685.6M $774.1M
YoY Change 13.9% -11.43% -34.04%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.517M $14.58M $15.53M
YoY Change -10.03% -6.09% 35.14%
% of Gross Profit
Operating Expenses $308.0M $832.6M $744.8M
YoY Change 64.35% 11.79% -37.38%
Operating Profit
YoY Change
Interest Expense -$17.38M -$66.36M $49.24M
YoY Change 35.47% -234.78% -20.05%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$119.3M -$46.13M $420.0M
YoY Change 413.67% -110.98% 8.55%
Income Tax -$26.18M -$6.994M $91.39M
% Of Pretax Income 21.76%
Net Earnings -$93.00M -$39.01M $328.6M
YoY Change 519.78% -111.87% 15.8%
Net Earnings / Revenue -45.13% -4.57% 28.21%
Basic Earnings Per Share -$0.64 $5.39
Diluted Earnings Per Share -$1.52 -$0.64 $5.35
COMMON SHARES
Basic Shares Outstanding 60.97M shares 60.98M shares
Diluted Shares Outstanding 60.97M shares 61.38M shares

Balance Sheet

Concept 2023 Q4 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.3M $120.3M $137.9M
YoY Change -12.79% -12.79% -43.28%
Cash & Equivalents $120.3M $120.3M $137.9M
Short-Term Investments
Other Short-Term Assets $28.73M $28.73M $31.50M
YoY Change -8.79% -8.79% -4.26%
Inventory
Prepaid Expenses
Receivables $85.36M $85.36M $58.30M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $205.6M $205.6M $227.7M
YoY Change -9.7% -9.7% -33.88%
LONG-TERM ASSETS
Property, Plant & Equipment $13.91M $79.19M $86.78M
YoY Change 14.81% -8.75% -15.19%
Goodwill $186.2M
YoY Change 5.32%
Intangibles
YoY Change
Long-Term Investments $1.217B $1.217B $845.9M
YoY Change 43.89% 43.89% -61.63%
Other Assets $7.121M $7.121M $8.863M
YoY Change -19.65% -19.65% 76.84%
Total Long-Term Assets $3.471B $3.471B $3.012B
YoY Change 15.25% 15.25% -25.43%
TOTAL ASSETS
Total Short-Term Assets $205.6M $205.6M $227.7M
Total Long-Term Assets $3.471B $3.471B $3.012B
Total Assets $3.677B $3.677B $3.240B
YoY Change 13.49% 13.49% -26.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.64M $32.64M $34.10M
YoY Change -4.27% -4.27% -40.01%
Accrued Expenses $106.6M $106.6M $115.6M
YoY Change -7.74% -7.74% -33.16%
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 $139.3M $139.3M $149.7M
YoY Change -6.95% -6.95% -34.86%
LONG-TERM LIABILITIES
Long-Term Debt $1.985B $1.985B $1.490B
YoY Change 33.25% 33.25% -48.76%
Other Long-Term Liabilities $144.1M $144.1M $118.1M
YoY Change 22.02% 22.02% -35.9%
Total Long-Term Liabilities $2.129B $2.129B $1.608B
YoY Change 32.42% 32.42% -47.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $139.3M $139.3M $149.7M
Total Long-Term Liabilities $2.129B $2.129B $1.608B
Total Liabilities $2.494B $2.494B $1.990B
YoY Change 25.29% 25.28% -42.53%
SHAREHOLDERS EQUITY
Retained Earnings $1.135B
YoY Change -5.85%
Common Stock $47.16M
YoY Change 10.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.183B $1.183B $1.249B
YoY Change
Total Liabilities & Shareholders Equity $3.677B $3.677B $3.240B
YoY Change 13.49% 13.49% -26.09%

Cashflow Statement

Concept 2023 Q4 2023 2022
OPERATING ACTIVITIES
Net Income -$93.00M -$39.01M $328.6M
YoY Change 519.78% -111.87% 15.8%
Depreciation, Depletion And Amortization $3.517M $14.58M $15.53M
YoY Change -10.03% -6.09% 35.14%
Cash From Operating Activities $18.95M -$91.72M $1.260B
YoY Change -75.86% -107.28% 85.11%
INVESTING ACTIVITIES
Capital Expenditures $865.0K $5.512M $3.861M
YoY Change 23.04% 42.76% -16.16%
Acquisitions $8.030M $3.500M
YoY Change 129.43% -96.51%
Other Investing Activities -$29.89M -$131.1M -$3.317M
YoY Change 755.58% 3852.1% -96.68%
Cash From Investing Activities -$30.76M -$136.6M -$7.178M
YoY Change 632.88% 1803.08% -93.14%
FINANCING ACTIVITIES
Cash Dividend Paid $30.48M $0.00
YoY Change -100.0%
Common Stock Issuance & Retirement, Net -$1.142M -$3.274M $5.581M
YoY Change -158.66%
Debt Paid & Issued, Net $126.3M $143.8M
YoY Change -12.17% 3282.35%
Cash From Financing Activities 21.30M 208.9M -$1.354B
YoY Change -121.85% -115.43% 102.87%
NET CHANGE
Cash From Operating Activities 18.95M -91.72M $1.260B
Cash From Investing Activities -30.76M -136.6M -$7.178M
Cash From Financing Activities 21.30M 208.9M -$1.354B
Net Change In Cash 9.497M -19.37M -$101.4M
YoY Change -140.94% -80.89% 10.77%
FREE CASH FLOW
Cash From Operating Activities $18.95M -$91.72M $1.260B
Capital Expenditures $865.0K $5.512M $3.861M
Free Cash Flow $18.09M -$97.23M $1.256B
YoY Change -76.75% -107.74% 85.8%

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CY2023 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3274000 usd
CY2023 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
424000 usd
CY2023 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
38000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-39137000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1183493000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-39137000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
328630000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
14580000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15525000 usd
CY2023 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
139560000 usd
CY2022 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-217551000 usd
CY2023 ghld Valuation Adjustment Of Mortgage Loans Held For Sale
ValuationAdjustmentOfMortgageLoansHeldForSale
29855000 usd
CY2022 ghld Valuation Adjustment Of Mortgage Loans Held For Sale
ValuationAdjustmentOfMortgageLoansHeldForSale
-44561000 usd
CY2023 ghld Valuation Adjustment Of Reverse Mortgage Loans Held For Investment And Hmbs Related Borrowings
ValuationAdjustmentOfReverseMortgageLoansHeldForInvestmentAndHMBSRelatedBorrowings
8233000 usd
CY2022 ghld Valuation Adjustment Of Reverse Mortgage Loans Held For Investment And Hmbs Related Borrowings
ValuationAdjustmentOfReverseMortgageLoansHeldForInvestmentAndHMBSRelatedBorrowings
0 usd
CY2023 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1404000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-27936000 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
21427000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
15972000 usd
CY2023 ghld Provision For Investor Reserves
ProvisionForInvestorReserves
8675000 usd
CY2022 ghld Provision For Investor Reserves
ProvisionForInvestorReserves
6876000 usd
CY2023 ghld Provision For Reversal Of Foreclosure Losses
ProvisionForReversalOfForeclosureLosses
1188000 usd
CY2022 ghld Provision For Reversal Of Foreclosure Losses
ProvisionForReversalOfForeclosureLosses
300000 usd
CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2479000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-45075000 usd
CY2023 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
336245000 usd
CY2022 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
528243000 usd
CY2023 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
337000 usd
CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
0 usd
CY2023 us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
306000 usd
CY2022 us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
0 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
90718000 usd
CY2023 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
4796000 usd
CY2022 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
9219000 usd
CY2023 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
4192000 usd
CY2022 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
1957000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
8662000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
7322000 usd
CY2023 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
14193944000 usd
CY2022 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
19220547000 usd
CY2023 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
14504592000 usd
CY2022 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
21062670000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3437000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
6171000 usd
CY2023 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
3224000 usd
CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-12288000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2768000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5172000 usd
CY2023 ghld Increase Decrease In Mortgage Servicing Rights
IncreaseDecreaseInMortgageServicingRights
-161378000 usd
CY2022 ghld Increase Decrease In Mortgage Servicing Rights
IncreaseDecreaseInMortgageServicingRights
-246648000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2023 us-gaap Increase Decrease In Employee Related Liabilities
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799000 usd
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-45482000 usd
CY2023 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
23024000 usd
CY2022 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
14475000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
0 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
7125000 usd
CY2023 ghld Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
-22186000 usd
CY2022 ghld Increase Decrease Operating Lease Liabilities
IncreaseDecreaseOperatingLeaseLiabilities
-16008000 usd
CY2023 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-4616000 usd
CY2022 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
4377000 usd
CY2023 ghld Increase Decrease In Real Estate Owned Net
IncreaseDecreaseInRealEstateOwnedNet
1186000 usd
CY2022 ghld Increase Decrease In Real Estate Owned Net
IncreaseDecreaseInRealEstateOwnedNet
117000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-91719000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1259593000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8030000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3500000 usd
CY2023 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
2000000 usd
CY2022 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
0 usd
CY2023 ghld Payments For Origination And Purchase Loan Reverse Mortgage Held For Investment
PaymentsForOriginationAndPurchaseLoanReverseMortgageHeldForInvestment
109589000 usd
CY2022 ghld Payments For Origination And Purchase Loan Reverse Mortgage Held For Investment
PaymentsForOriginationAndPurchaseLoanReverseMortgageHeldForInvestment
0 usd
CY2023 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
5089000 usd
CY2022 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
0 usd
CY2023 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
16250000 usd
CY2022 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 usd
CY2023 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
5000000 usd
CY2022 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5512000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3678000 usd
CY2023 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5311000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-136603000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7178000 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
14496450000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
18892553000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
14374916000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20106295000 usd
CY2023 ghld Proceeds From Issuance Of Reverse Mortgage Loans And Tails Debt Obligations
ProceedsFromIssuanceOfReverseMortgageLoansAndTailsDebtObligations
106691000 usd
CY2022 ghld Proceeds From Issuance Of Reverse Mortgage Loans And Tails Debt Obligations
ProceedsFromIssuanceOfReverseMortgageLoansAndTailsDebtObligations
0 usd
CY2023 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
5138000 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
0 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
148766000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
20000000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
126250000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
143750000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
388000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
7300000 usd
CY2023 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-530000 usd
CY2022 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-2311000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1952000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1097000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3274000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5581000 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
30479000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
0 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-31000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
208949000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1353781000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-19373000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-101366000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146754000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
248120000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127381000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146754000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
15356000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
30218000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-22069000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-14028000 usd
CY2023 ghld Loans Held For Investment Acquired At Fair Value
LoansHeldForInvestmentAcquiredAtFairValue
-189770000 usd
CY2022 ghld Loans Held For Investment Acquired At Fair Value
LoansHeldForInvestmentAcquiredAtFairValue
0 usd
CY2023 ghld Hmbs Related Borrowings Assumed At Fair Value
HMBSRelatedBorrowingsAssumedAtFairValue
187221000 usd
CY2022 ghld Hmbs Related Borrowings Assumed At Fair Value
HMBSRelatedBorrowingsAssumedAtFairValue
0 usd
CY2023 ghld Purchase Price Holdback
PurchasePriceHoldback
549000 usd
CY2022 ghld Purchase Price Holdback
PurchasePriceHoldback
0 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
2000000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
0 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
758000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-1710000 usd
CY2023 ghld Number Of Branches Entity Operates
NumberOfBranchesEntityOperates
350 branch
CY2023 ghld Number Of Channels Of Business
NumberOfChannelsOfBusiness
2 channel
CY2023Q4 us-gaap Other Receivables
OtherReceivables
9981000 usd
CY2023 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 generally accepted accounting principles in the United States of America (“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%">The following accounting policies, together with those disclosed elsewhere in the consolidated financial statements, represent the significant accounting policies of the Company.</span></div>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
120260000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
137891000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
7121000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
8863000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127381000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146754000 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
1820000 usd
CY2023Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
85356000 usd
CY2022Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
58304000 usd
CY2023Q4 ghld Number Of Classes Of Msr Assets
NumberOfClassesOfMSRAssets
1 class
CY2023Q4 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P3Y
CY2023Q4 ghld Real Estate Acquired Through Foreclosure Amount Conveyed To Hud
RealEstateAcquiredThroughForeclosureAmountConveyedToHUD
500000 usd
CY2022Q4 ghld Real Estate Acquired Through Foreclosure Amount Conveyed To Hud
RealEstateAcquiredThroughForeclosureAmountConveyedToHUD
0 usd
CY2023 ghld Direct Expenses Related To Loan Origination Fees And Gain On Sale Of Loans
DirectExpensesRelatedToLoanOriginationFeesAndGainOnSaleOfLoans
112700000 usd
CY2023Q4 ghld Number Of Types Of Real Estate Properties
NumberOfTypesOfRealEstateProperties
2 property
CY2023Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1500000 usd
CY2022Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
300000 usd
CY2022 ghld Direct Expenses Related To Loan Origination Fees And Gain On Sale Of Loans
DirectExpensesRelatedToLoanOriginationFeesAndGainOnSaleOfLoans
138300000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
10600000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
11400000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
646500000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
580200000 usd
CY2023 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. 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 MLHS, commitments to originate loans, and MSRs are subject to interest rate risk. For MLHS 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 MSRs, the fair value generally decreases in periods where interest rates are declining and as prepayments speeds are increasing. The fair value generally increases in periods where interest rates are increasing and as prepayments speeds are decreasing. For the years ended December 31, 2023 and 2022, the Company experienced an increase and a decrease, respectively, 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, 2023 and 2022.</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>
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 usd
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 usd
CY2023Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
44487000 usd
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
44164000 usd
CY2023Q4 ghld Foreclosure Advance Net
ForeclosureAdvanceNet
20261000 usd
CY2022Q4 ghld Foreclosure Advance Net
ForeclosureAdvanceNet
12320000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
10627000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
0 usd
CY2022Q4 ghld Foreclosure Loss Reserves
ForeclosureLossReserves
8698000 usd
CY2023 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
4192000 usd
CY2022 ghld Foreclosure Loss Reserve
ForeclosureLossReserve
1957000 usd
CY2023 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
1188000 usd
CY2022 ghld Provision Relieved For Foreclosure Losses
ProvisionRelievedForForeclosureLosses
300000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
31499000 usd
CY2022Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
37871000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13913000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12118000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
74660000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
3507000 usd
CY2022Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
26531000 usd
CY2023Q4 ghld Real Estate Owned Through Foreclosure Net
RealEstateOwnedThroughForeclosureNet
1991000 usd
CY2022Q4 ghld Real Estate Owned Through Foreclosure Net
RealEstateOwnedThroughForeclosureNet
306000 usd
CY2022Q4 us-gaap Land
Land
2034000 usd
CY2022Q4 us-gaap Trading Securities
TradingSecurities
96000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 usd
CY2022Q4 us-gaap Financial Instruments Owned Corporate Equities At Fair Value
FinancialInstrumentsOwnedCorporateEquitiesAtFairValue
961000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
186076000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
84361000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
72243000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13913000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12118000 usd
CY2023 us-gaap Depreciation
Depreciation
6600000 usd
CY2022 us-gaap Depreciation
Depreciation
7600000 usd
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1139539000 usd
CY2021Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
675340000 usd
CY2023 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
161378000 usd
CY2022 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
246648000 usd
CY2023 ghld Servicing Asset At Fair Value Changes In Fair Value Resulting From Collection Or Realization Of Cash Flows
ServicingAssetAtFairValueChangesInFairValueResultingFromCollectionOrRealizationOfCashFlows
-55588000 usd
CY2023 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-83972000 usd
CY2023Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1161357000 usd
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
1139539000 usd
CY2023 us-gaap Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
P8Y
CY2022 us-gaap Assumption For Fair Value Of Assets Or Liabilities That Relate To Transferors Continuing Involvement Weighted Average Life1
AssumptionForFairValueOfAssetsOrLiabilitiesThatRelateToTransferorsContinuingInvolvementWeightedAverageLife1
P8Y6M
CY2023 ghld Servicing Fees From Servicing Portfolio
ServicingFeesFromServicingPortfolio
242003000 usd
CY2022 ghld Servicing Fees From Servicing Portfolio
ServicingFeesFromServicingPortfolio
218734000 usd
CY2023 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
6788000 usd
CY2022 us-gaap Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
5825000 usd
CY2023 ghld Ancillary Fee Income Expense Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeExpenseGeneratedByServicingFinancialAssetsAmount
-2647000 usd
CY2022 ghld Ancillary Fee Income Expense Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeExpenseGeneratedByServicingFinancialAssetsAmount
-1156000 usd
CY2023 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
246144000 usd
CY2022 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
223403000 usd
CY2023Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
85000000000 usd
CY2022Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
78900000000 usd
CY2022Q4 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
36298000 usd
CY2022Q4 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
70878000 usd
CY2022Q4 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
50392000 usd
CY2022Q4 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
96848000 usd
CY2022Q4 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
11880000 usd
CY2022Q4 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
24162000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
845775000 usd
CY2021Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2204216000 usd
CY2023 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
14193944000 usd
CY2022 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
19220547000 usd
CY2023 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
14504592000 usd
CY2022 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
21062670000 usd
CY2023 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
336245000 usd
CY2022 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
528243000 usd
CY2023 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
29855000 usd
CY2022 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
-44561000 usd
CY2023Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
901227000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
845775000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
0 usd
CY2022Q4 ghld Hmbs Related Borrowings
HMBSRelatedBorrowings
0 usd
CY2023 ghld Loans Held For Investment Reverse Mortgages Originations And Purchases
LoansHeldForInvestmentReverseMortgagesOriginationsAndPurchases
109589000 usd
CY2023 ghld Hmbs Related Borrowings Securitization
HMBSRelatedBorrowingsSecuritization
106691000 usd
CY2023 ghld Acquisition Of Loans Held For Investment Net Reverse Mortgage Loans Held For Investment
AcquisitionOfLoansHeldForInvestmentNetReverseMortgageLoansHeldForInvestment
189770000 usd
CY2023 ghld Acquisition Of Loans Held For Investment Hmbs Related Borrowings
AcquisitionOfLoansHeldForInvestmentHMBSRelatedBorrowings
-187221000 usd
CY2023 ghld Loans Held For Investment Reverse Mortgages Repayments
LoansHeldForInvestmentReverseMortgagesRepayments
5089000 usd
CY2023 ghld Hmbs Related Borrowings Repayments
HMBSRelatedBorrowingsRepayments
5138000 usd
CY2023Q4 ghld Loans Held For Investment Reverse Mortgages Securitized Loans
LoansHeldForInvestmentReverseMortgagesSecuritizedLoans
307998000 usd
CY2023Q4 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
302183000 usd
CY2023Q4 ghld Loans Held For Investment Reverse Mortgages Unsecuritized Loans
LoansHeldForInvestmentReverseMortgagesUnsecuritizedLoans
7914000 usd
CY2023Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
315912000 usd
CY2023 ghld Fair Value Gain On New Originations
FairValueGainOnNewOriginations
4172000 usd
CY2023 ghld Fair Value Gain On Tail Securitizations
FairValueGainOnTailSecuritizations
195000 usd
CY2023 ghld Fair Value Net Interest Income
FairValueNetInterestIncome
78000 usd
CY2023 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
3788000 usd
CY2023 us-gaap Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings
FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings
8233000 usd
CY2023 ghld Fair Value Gain Loss On Reverse Loans And Related Obligations
FairValueGainLossOnReverseLoansAndRelatedObligations
8233000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
65273000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
74660000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
75832000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
85977000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
24919000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
26085000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5141000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
3374000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
4236000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
4664000 usd
CY2023 us-gaap Lease Cost
LeaseCost
34296000 usd
CY2022 us-gaap Lease Cost
LeaseCost
34123000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
25682000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
15972000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12199000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16008000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
22721000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
16491000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11978000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9748000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8415000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
14477000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
83830000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7998000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
75832000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
175144000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-1710000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3335000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
176769000 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
758000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
8654000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
186181000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
45000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19875000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
25125000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
45000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11925000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
33075000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8000000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7500000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7050000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7050000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3525000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
25125000 usd
CY2022Q4 ghld Investor Reserves
InvestorReserves
16094000 usd
CY2021Q4 ghld Investor Reserves
InvestorReserves
18437000 usd
CY2023 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
4796000 usd
CY2022 ghld Benefit From Investor Reserves
BenefitFromInvestorReserves
9219000 usd
CY2023 ghld Provision For Investor Reserves
ProvisionForInvestorReserves
8675000 usd
CY2022 ghld Provision For Investor Reserves
ProvisionForInvestorReserves
6876000 usd
CY2023Q4 ghld Investor Reserves
InvestorReserves
19973000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-236000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-199000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1183000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
870000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
947000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
671000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-10091000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
72764000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2150000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
17954000 usd
CY2023 ghld Deferred Income Tax Expense Benefit Including Acquisition Adjustments
DeferredIncomeTaxExpenseBenefitIncludingAcquisitionAdjustments
-7941000 usd
CY2022 ghld Deferred Income Tax Expense Benefit Including Acquisition Adjustments
DeferredIncomeTaxExpenseBenefitIncludingAcquisitionAdjustments
90718000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6994000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
91389000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-9688000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
88204000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2811000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.061
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
16297000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.039
CY2023 ghld Effective Income Tax Rate Reconciliation Contingent Consideration Amount
EffectiveIncomeTaxRateReconciliationContingentConsiderationAmount
0 usd
CY2023 ghld Effective Income Tax Rate Reconciliation Contingent Consideration Percent
EffectiveIncomeTaxRateReconciliationContingentConsiderationPercent
0
CY2022 ghld Effective Income Tax Rate Reconciliation Contingent Consideration Amount
EffectiveIncomeTaxRateReconciliationContingentConsiderationAmount
-9480000 usd
CY2022 ghld Effective Income Tax Rate Reconciliation Contingent Consideration Percent
EffectiveIncomeTaxRateReconciliationContingentConsiderationPercent
-0.023
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
485000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.010
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-876000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.002
CY2023 ghld Income Tax Reconciliation Permanent Items
IncomeTaxReconciliationPermanentItems
426000 usd
CY2023 ghld Effective Income Tax Rate Reconciliation Permanent Items
EffectiveIncomeTaxRateReconciliationPermanentItems
-0.009
CY2022 ghld Income Tax Reconciliation Permanent Items
IncomeTaxReconciliationPermanentItems
-2150000 usd
CY2022 ghld Effective Income Tax Rate Reconciliation Permanent Items
EffectiveIncomeTaxRateReconciliationPermanentItems
-0.005
CY2023 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
804000 usd
CY2023 ghld Effective Income Tax Rate Reconciliation Federal And State Tax Credits Net Of Federal Tax Benefit
EffectiveIncomeTaxRateReconciliationFederalAndStateTaxCreditsNetOfFederalTaxBenefit
0.017
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
520000 usd
CY2022 ghld Effective Income Tax Rate Reconciliation Federal And State Tax Credits Net Of Federal Tax Benefit
EffectiveIncomeTaxRateReconciliationFederalAndStateTaxCreditsNetOfFederalTaxBenefit
-0.001
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-224000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.005
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-86000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6994000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.152
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
91389000 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.218
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
8613000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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CY2023 dei Auditor Name
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KPMG LLP
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Los Angeles, California
CY2023 dei Auditor Firm
AuditorFirmId
185

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