$LDI
loanDepot, Inc.

2021 Q2 Form 10-Q Financial Statement

#000183163121000092 Filed on August 11, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $779.9M $1.159B
YoY Change -32.69%
Cost Of Revenue $132.1M $71.27M
YoY Change 85.37%
Gross Profit $847.8M $1.147B
YoY Change -26.1%
Gross Profit Margin 108.7% 99.0%
Selling, General & Admin $642.2M $444.7M
YoY Change 44.41%
% of Gross Profit 75.75% 38.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.639M $18.54M
YoY Change -53.4%
% of Gross Profit 1.02% 1.62%
Operating Expenses $650.9M $453.9M
YoY Change 43.41%
Operating Profit $196.9M $693.2M
YoY Change -71.6%
Interest Expense $54.85M $26.52M
YoY Change 106.79%
% of Operating Profit 27.86% 3.83%
Other Income/Expense, Net
YoY Change
Pretax Income $30.51M $649.5M
YoY Change -95.3%
Income Tax $4.225M $890.0K
% Of Pretax Income 13.85% 0.14%
Net Earnings $8.561M $0.00
YoY Change
Net Earnings / Revenue 1.1% 0.0%
Basic Earnings Per Share $0.07
Diluted Earnings Per Share $0.07 $0.00
COMMON SHARES
Basic Shares Outstanding 126.7M shares
Diluted Shares Outstanding 126.7M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $419.3M
YoY Change
Cash & Equivalents $419.3M $613.2M
Short-Term Investments
Other Short-Term Assets $94.81M
YoY Change
Inventory
Prepaid Expenses
Receivables $65.19M
Other Receivables $0.00
Total Short-Term Assets $579.3M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $98.69M
YoY Change
Goodwill $40.74M
YoY Change
Intangibles
YoY Change
Long-Term Investments $18.40M
YoY Change
Other Assets $217.4M
YoY Change
Total Long-Term Assets $12.52B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $579.3M
Total Long-Term Assets $12.52B
Total Assets $13.10B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $607.8M
YoY Change
Accrued Expenses $78.13M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $685.9M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $9.972B
YoY Change
Other Long-Term Liabilities $871.2M
YoY Change
Total Long-Term Liabilities $10.84B
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $685.9M
Total Long-Term Liabilities $10.84B
Total Liabilities $11.53B
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$44.82M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $518.1M
YoY Change
Total Liabilities & Shareholders Equity $13.10B
YoY Change

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $8.561M $0.00
YoY Change
Depreciation, Depletion And Amortization $8.639M $18.54M
YoY Change -53.4%
Cash From Operating Activities -$392.5M $710.0M
YoY Change -155.28%
INVESTING ACTIVITIES
Capital Expenditures -$16.20M -$10.42M
YoY Change 55.52%
Acquisitions
YoY Change
Other Investing Activities $175.3M $7.033M
YoY Change 2392.09%
Cash From Investing Activities $159.0M -$3.384M
YoY Change -4797.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 118.3M -211.0M
YoY Change -156.09%
NET CHANGE
Cash From Operating Activities -392.5M 710.0M
Cash From Investing Activities 159.0M -3.384M
Cash From Financing Activities 118.3M -211.0M
Net Change In Cash -115.2M 495.7M
YoY Change -123.23%
FREE CASH FLOW
Cash From Operating Activities -$392.5M $710.0M
Capital Expenditures -$16.20M -$10.42M
Free Cash Flow -$376.3M $720.4M
YoY Change -152.23%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity File Number
EntityFileNumber
001-40003
dei Entity Registrant Name
EntityRegistrantName
loanDepot, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0001831631
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-3948939
dei Entity Address Address Line1
EntityAddressAddressLine1
26642 Towne Centre Drive,
dei Entity Address City Or Town
EntityAddressCityOrTown
Foothill Ranch,
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92610
dei City Area Code
CityAreaCode
(888)
dei Local Phone Number
LocalPhoneNumber
337-6888
dei Security12b Title
Security12bTitle
Class A Common Stock, $0.001 per value per share
dei Trading Symbol
TradingSymbol
LDI
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
419283000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
284224000 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
217435000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
204465000 USD
CY2021Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
65185000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
138122000 USD
CY2021Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
9120653000 USD
CY2020Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
6955424000 USD
CY2021Q2 us-gaap Derivative Assets
DerivativeAssets
349621000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
647939000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1781686000 USD
CY2020Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1127866000 USD
CY2021Q2 us-gaap Trading Securities Debt
TradingSecuritiesDebt
16757000 USD
CY2020Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
0 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
98686000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
85002000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
60123000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
66433000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
94814000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
77241000 USD
CY2021Q2 ldi Loans Eligible For Repurchase Asset
LoansEligibleForRepurchaseAsset
812431000 USD
CY2020Q4 ldi Loans Eligible For Repurchase Asset
LoansEligibleForRepurchaseAsset
1246158000 USD
CY2021Q2 us-gaap Equity Method Investments
EquityMethodInvestments
18398000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
17528000 USD
CY2021Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
42571000 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
42826000 USD
CY2021Q2 us-gaap Assets
Assets
13097643000 USD
CY2020Q4 us-gaap Assets
Assets
10893228000 USD
CY2021Q2 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
8498365000 USD
CY2020Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
6577429000 USD
CY2021Q2 ldi Accounts Payable Accrued Expenses And Other Liabilities
AccountsPayableAccruedExpensesAndOtherLiabilities
607767000 USD
CY2020Q4 ldi Accounts Payable Accrued Expenses And Other Liabilities
AccountsPayableAccruedExpensesAndOtherLiabilities
446370000 USD
CY2021Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
58805000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
168169000 USD
CY2021Q2 ldi Loans Eligible For Repurchase Liability
LoansEligibleForRepurchaseLiability
812431000 USD
CY2020Q4 ldi Loans Eligible For Repurchase Liability
LoansEligibleForRepurchaseLiability
1246158000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
78132000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
86023000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
1473309000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
712466000 USD
CY2021Q2 us-gaap Liabilities
Liabilities
11528809000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
9236615000 USD
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2021Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
562658000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-44821000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 USD
CY2021Q2 us-gaap Minority Interest
MinorityInterest
1050688000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
1656613000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1568834000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1656613000 USD
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13097643000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10893228000 USD
CY2021Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
61874000 USD
CY2020Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
31530000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
116605000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
66696000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
54848000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
26523000 USD
us-gaap Interest Expense
InterestExpense
108346000 USD
us-gaap Interest Expense
InterestExpense
59328000 USD
CY2021Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7026000 USD
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5007000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8259000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7368000 USD
CY2021Q2 ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
692479000 USD
CY2020Q2 ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
1076410000 USD
ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
1826054000 USD
ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
1515999000 USD
CY2021Q2 ldi Origination Income Net
OriginationIncomeNet
92624000 USD
CY2020Q2 ldi Origination Income Net
OriginationIncomeNet
57201000 USD
ldi Origination Income Net
OriginationIncomeNet
194223000 USD
ldi Origination Income Net
OriginationIncomeNet
95813000 USD
CY2021Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
94742000 USD
CY2020Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
36551000 USD
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
177309000 USD
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
73114000 USD
CY2021Q2 ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-145098000 USD
CY2020Q2 ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-33112000 USD
ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-188733000 USD
ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-80503000 USD
CY2021Q2 us-gaap Other Income
OtherIncome
38141000 USD
CY2020Q2 us-gaap Other Income
OtherIncome
16673000 USD
us-gaap Other Income
OtherIncome
78810000 USD
us-gaap Other Income
OtherIncome
33059000 USD
CY2021Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
779914000 USD
CY2020Q2 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1158730000 USD
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
2095922000 USD
us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
1644850000 USD
CY2021Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
470125000 USD
CY2020Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
340716000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
1073861000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
580915000 USD
CY2021Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
114133000 USD
CY2020Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
55881000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
223759000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
113193000 USD
CY2021Q2 ldi Direct Origination Expense
DirectOriginationExpense
50017000 USD
CY2020Q2 ldi Direct Origination Expense
DirectOriginationExpense
28658000 USD
ldi Direct Origination Expense
DirectOriginationExpense
96993000 USD
ldi Direct Origination Expense
DirectOriginationExpense
55161000 USD
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
48654000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
38566000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
99972000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
68195000 USD
CY2021Q2 us-gaap Occupancy Net
OccupancyNet
9283000 USD
CY2020Q2 us-gaap Occupancy Net
OccupancyNet
9547000 USD
us-gaap Occupancy Net
OccupancyNet
19270000 USD
us-gaap Occupancy Net
OccupancyNet
19440000 USD
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
8686000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9165000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
17139000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18537000 USD
CY2021Q2 ldi Subservicing Expense
SubservicingExpense
27241000 USD
CY2020Q2 ldi Subservicing Expense
SubservicingExpense
16087000 USD
ldi Subservicing Expense
SubservicingExpense
53851000 USD
ldi Subservicing Expense
SubservicingExpense
29334000 USD
CY2021Q2 ldi Other Interest Expense
OtherInterestExpense
21266000 USD
CY2020Q2 ldi Other Interest Expense
OtherInterestExpense
10625000 USD
ldi Other Interest Expense
OtherInterestExpense
34438000 USD
ldi Other Interest Expense
OtherInterestExpense
21595000 USD
CY2021Q2 us-gaap Costs And Expenses
CostsAndExpenses
749405000 USD
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
509245000 USD
us-gaap Costs And Expenses
CostsAndExpenses
1619283000 USD
us-gaap Costs And Expenses
CostsAndExpenses
906370000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30509000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
649485000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
476639000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
738480000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4225000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
890000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22502000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
890000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
26284000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
648595000 USD
us-gaap Profit Loss
ProfitLoss
454137000 USD
us-gaap Profit Loss
ProfitLoss
737590000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
17723000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
648595000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
400701000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
737590000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
8561000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
0 USD
us-gaap Net Income Loss
NetIncomeLoss
53436000 USD
us-gaap Net Income Loss
NetIncomeLoss
0 USD
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126726876 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126392949 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126392949 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126726876 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126392949 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126392949 shares
CY2020Q1 us-gaap Minority Interest
MinorityInterest
462682000 USD
CY2020Q2 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
65308000 USD
CY2020Q2 ldi Noncontrolling Interest Increase Decrease From Stock Based Compensation
NoncontrollingInterestIncreaseDecreaseFromStockBasedCompensation
6762000 USD
CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1507000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
648595000 USD
CY2020Q2 us-gaap Minority Interest
MinorityInterest
1051224000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1773958000 USD
CY2021Q2 ldi Adjustments To Additional Paid In Capital Tax Adjustments
AdjustmentsToAdditionalPaidInCapitalTaxAdjustments
370000 USD
CY2021Q2 ldi Stock Vested During Period Value
StockVestedDuringPeriodValue
0 USD
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1935000 USD
CY2021Q2 ldi Distributions For State Taxes
DistributionsForStateTaxes
7848000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
26284000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1568834000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
375885000 USD
ldi Noncontrolling Interest Increase Decrease From Stock Based Compensation
NoncontrollingInterestIncreaseDecreaseFromStockBasedCompensation
6698000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3421000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
737590000 USD
CY2020Q2 us-gaap Minority Interest
MinorityInterest
1051224000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
1656613000 USD
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
160617000 USD
CY2021Q1 ldi Noncontrolling Interest Increase Decrease From Stock Based Compensation
NoncontrollingInterestIncreaseDecreaseFromStockBasedCompensation
338000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
294598000 USD
CY2021Q1 ldi Adjustments To Additional Paid In Capital Tax Adjustments
AdjustmentsToAdditionalPaidInCapitalTaxAdjustments
-203370000 USD
CY2021Q1 ldi Stock Issued During Period Value Reorganization
StockIssuedDuringPeriodValueReorganization
0 USD
ldi Stock Vested During Period Value
StockVestedDuringPeriodValue
0 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
61414000 USD
ldi Distributions For State Taxes
DistributionsForStateTaxes
13816000 USD
us-gaap Profit Loss
ProfitLoss
159539000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1568834000 USD
us-gaap Profit Loss
ProfitLoss
454137000 USD
us-gaap Profit Loss
ProfitLoss
737590000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
17139000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18537000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
11594000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
12265000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6744000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2870000 USD
ldi Gain On Origination And Sale Of Loans
GainOnOriginationAndSaleOfLoans
2041979000 USD
ldi Gain On Origination And Sale Of Loans
GainOnOriginationAndSaleOfLoans
1225875000 USD
ldi Gain Loss On Sale Of Servicing Rights
GainLossOnSaleOfServicingRights
11478000 USD
ldi Gain Loss On Sale Of Servicing Rights
GainLossOnSaleOfServicingRights
-96000 USD
ldi Provision For Loss Obligation On Sold Loans And Servicing Rights
ProvisionForLossObligationOnSoldLoansAndServicingRights
5752000 USD
ldi Provision For Loss Obligation On Sold Loans And Servicing Rights
ProvisionForLossObligationOnSoldLoansAndServicingRights
8336000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-202871000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
ldi Fair Value Adjustment Of Derivative Assets
FairValueAdjustmentOfDerivativeAssets
303639000 USD
ldi Fair Value Adjustment Of Derivative Assets
FairValueAdjustmentOfDerivativeAssets
-398208000 USD
ldi Fair Value Adjustment Of Derivative Liabilities
FairValueAdjustmentOfDerivativeLiabilities
109364000 USD
ldi Fair Value Adjustment Of Derivative Liabilities
FairValueAdjustmentOfDerivativeLiabilities
-58750000 USD
ldi Premium Paid Received On Derivatives
PremiumPaidReceivedOnDerivatives
-5061000 USD
ldi Premium Paid Received On Derivatives
PremiumPaidReceivedOnDerivatives
-5060000 USD
ldi Purchase Of Option Contracts Operating Activities
PurchaseOfOptionContractsOperatingActivities
10383000 USD
ldi Purchase Of Option Contracts Operating Activities
PurchaseOfOptionContractsOperatingActivities
0 USD
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
33191000 USD
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-61812000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
122120000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
179582000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
61752000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6698000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
12980000 USD
ldi Origination Of Loans
OriginationOfLoans
75814894000 USD
ldi Origination Of Loans
OriginationOfLoans
36081739000 USD
ldi Proceeds From Sale Of Loans Operating Activities
ProceedsFromSaleOfLoansOperatingActivities
75281888000 USD
ldi Proceeds From Sale Of Loans Operating Activities
ProceedsFromSaleOfLoansOperatingActivities
37507258000 USD
ldi Proceeds From Principal Payments Of Loans Operating Activities
ProceedsFromPrincipalPaymentsOfLoansOperatingActivities
66506000 USD
ldi Proceeds From Principal Payments Of Loans Operating Activities
ProceedsFromPrincipalPaymentsOfLoansOperatingActivities
36486000 USD
ldi Payments To Investors For Loan Repurchases
PaymentsToInvestorsForLoanRepurchases
671166000 USD
ldi Payments To Investors For Loan Repurchases
PaymentsToInvestorsForLoanRepurchases
110413000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
38538778000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5790000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3764000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
189193000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2202000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2270273000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
710023000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30400000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10417000 USD
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
176995000 USD
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
6733000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
1115000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
189000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
300000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
145669000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3384000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
85132551000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
83211614000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
38805663000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1044221000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
114100000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
276947000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13913000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1088000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2185000 USD
ldi Repayments Of Capital Lease Obligations
RepaymentsOfCapitalLeaseObligations
1367000 USD
ldi Repayments Of Capital Lease Obligations
RepaymentsOfCapitalLeaseObligations
12482000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
220000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
400298000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
3796000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2272633000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-210956000 USD
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
148029000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
495683000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
488689000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
117496000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
636718000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
613179000 USD
us-gaap Interest Paid Net
InterestPaidNet
126497000 USD
us-gaap Interest Paid Net
InterestPaidNet
88640000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7628000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5285000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5264000 USD
ldi Trading Securities Retained In Securitization
TradingSecuritiesRetainedInSecuritization
16757000 USD
ldi Trading Securities Retained In Securitization
TradingSecuritiesRetainedInSecuritization
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
168000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
699000 USD
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;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 reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Management has made significant estimates in certain areas, including determining the fair value of loans held for sale, servicing rights, derivative assets and derivative liabilities, awards granted under the incentive equity plan, assets acquired and liabilities assumed in business combinations, and determining the loan loss obligation on sold loans. Actual results could differ from those estimates.</span></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Concentration of Risk</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has concentrated its credit risk for cash by maintaining deposits in several financial institutions, which may at times exceed amounts covered by insurance provided by the Federal Deposit Insurance Corporation (“FDIC”). The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk related to cash.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Due to the nature of the mortgage lending industry, changes in interest rates may significantly impact revenue from originating mortgages and subsequent sales of loans to investors, which are the primary source of income for the Company. The Company originates mortgage loans on property located throughout the United States, with loans originated for property located in California totaling approximately 34% of total loan originations for the three and six months ended June 30, 2021.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company sells mortgage loans to various third-party investors. Three investors accounted for 43%, 35%, and 13% of the Company’s loan sales for the six months ended June 30, 2021. No other investors accounted for more than 5% of the loan sales for the three and six months ended June 30, 2021.</span></div>The Company funds loans through warehouse lines of credit. As of June 30, 2021, 15% and 14% of the Company's warehouse lines were payable to two separate lenders.
CY2021Q2 us-gaap Servicing Liability At Fair Value Amount
ServicingLiabilityAtFairValueAmount
5300000 USD
CY2020Q2 us-gaap Servicing Liability At Fair Value Amount
ServicingLiabilityAtFairValueAmount
2600000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
427500000 USD
CY2021Q2 ldi Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuations Or Changes In Assumptions And Others
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationsOrChangesInAssumptionsAndOthers
-223500000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
957000000.0 USD
ldi Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuations Or Changes In Assumptions And Others
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationsOrChangesInAssumptionsAndOthers
-110600000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
198200000 USD
CY2020Q2 ldi Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuations Or Changes In Assumptions And Others
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationsOrChangesInAssumptionsAndOthers
-60300000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
312400000 USD
ldi Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuations Or Changes In Assumptions And Others
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationsOrChangesInAssumptionsAndOthers
-179700000 USD
CY2021Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
8970055000 USD
CY2021Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
23753000 USD
CY2021Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
8946302000 USD
CY2021Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
8889233000 USD
CY2021Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0 USD
CY2021Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
57069000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
7039809000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
70922000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
6968887000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
6801022000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
167865000 USD
CY2021Q2 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
8891532000 USD
CY2020Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
6693111000 USD
CY2021Q2 ldi Loans Held For Sale Fair Value Adjustment
LoansHeldForSaleFairValueAdjustment
229121000 USD
CY2020Q4 ldi Loans Held For Sale Fair Value Adjustment
LoansHeldForSaleFairValueAdjustment
262313000 USD
CY2021Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
9120653000 USD
CY2020Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
6955424000 USD
CY2021Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
8787756000 USD
CY2020Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3542329000 USD
CY2020Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
6955424000 USD
CY2019Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3681840000 USD
CY2021Q2 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
34413319000 USD
CY2020Q2 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
20975280000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
75814894000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
36081739000 USD
CY2021Q2 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
34294254000 USD
CY2020Q2 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
21286239000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
74213668000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
36593749000 USD
CY2021Q2 ldi Loans Receivable Held For Sale Repurchases
LoansReceivableHeldForSaleRepurchases
111386000 USD
CY2020Q2 ldi Loans Receivable Held For Sale Repurchases
LoansReceivableHeldForSaleRepurchases
98261000 USD
ldi Loans Receivable Held For Sale Repurchases
LoansReceivableHeldForSaleRepurchases
663700000 USD
ldi Loans Receivable Held For Sale Repurchases
LoansReceivableHeldForSaleRepurchases
108282000 USD
CY2021Q2 ldi Loans Receivable Held For Sale Principal Payments
LoansReceivableHeldForSalePrincipalPayments
43206000 USD
CY2020Q2 ldi Loans Receivable Held For Sale Principal Payments
LoansReceivableHeldForSalePrincipalPayments
33486000 USD
ldi Loans Receivable Held For Sale Principal Payments
LoansReceivableHeldForSalePrincipalPayments
66506000 USD
ldi Loans Receivable Held For Sale Principal Payments
LoansReceivableHeldForSalePrincipalPayments
36486000 USD
CY2021Q2 ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-145652000 USD
CY2020Q2 ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-7293000 USD
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
33191000 USD
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-61812000 USD
CY2021Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
9120653000 USD
CY2020Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3303438000 USD
CY2021Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
9120653000 USD
CY2020Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3303438000 USD
CY2021Q2 ldi Premium From Loan Sales
PremiumFromLoanSales
407314000 USD
CY2020Q2 ldi Premium From Loan Sales
PremiumFromLoanSales
780352000 USD
ldi Premium From Loan Sales
PremiumFromLoanSales
877887000 USD
ldi Premium From Loan Sales
PremiumFromLoanSales
1157181000 USD
CY2021Q2 ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
427458000 USD
CY2020Q2 ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
198248000 USD
ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
957002000 USD
ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
312367000 USD
CY2021Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-510788000 USD
CY2020Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
323225000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-182467000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
302706000 USD
CY2021Q2 ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
-250912000 USD
CY2020Q2 ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
215350000 USD
ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
-350548000 USD
ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
272108000 USD
CY2021Q2 ldi Discount Points Rebates And Lender Paid Costs
DiscountPointsRebatesAndLenderPaidCosts
28603000 USD
CY2020Q2 ldi Discount Points Rebates And Lender Paid Costs
DiscountPointsRebatesAndLenderPaidCosts
14962000 USD
ldi Discount Points Rebates And Lender Paid Costs
DiscountPointsRebatesAndLenderPaidCosts
143458000 USD
ldi Discount Points Rebates And Lender Paid Costs
DiscountPointsRebatesAndLenderPaidCosts
33833000 USD
CY2021Q2 ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
145653000 USD
CY2020Q2 ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
7293000 USD
ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
-33191000 USD
ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
61812000 USD
CY2021Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-533000 USD
CY2020Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2396000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
267000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
12126000 USD
CY2021Q2 ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
692479000 USD
CY2020Q2 ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
1076410000 USD
ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
1826054000 USD
ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
1515999000 USD
CY2021Q2 ldi Loans Held For Sale Nonaccrual
LoansHeldForSaleNonaccrual
34400000 USD
CY2020Q4 ldi Loans Held For Sale Nonaccrual
LoansHeldForSaleNonaccrual
25800000 USD
CY2021Q2 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
138767860000 USD
CY2020Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
102931258000 USD
CY2021Q2 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
138767860000 USD
CY2020Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
102931258000 USD
CY2021Q2 ldi Covid19 Percentage Of Servicing Portfolio In Forbearance
COVID19PercentageOfServicingPortfolioInForbearance
0.014
CY2020Q4 ldi Covid19 Percentage Of Servicing Portfolio In Forbearance
COVID19PercentageOfServicingPortfolioInForbearance
0.024
CY2021Q1 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1766088000 USD
CY2020Q1 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
431864000 USD
CY2020Q4 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1124302000 USD
CY2019Q4 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
444443000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
427458000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
198249000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
957001000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
312367000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
182113000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
-41000 USD
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
182788000 USD
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
7301000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-129267000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-22736000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
101757000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-109050000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-105771000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-37491000 USD
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-223877000 USD
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-70532000 USD
CY2021Q2 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1776395000 USD
CY2020Q2 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
569927000 USD
CY2021Q2 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1776395000 USD
CY2020Q2 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
569927000 USD
CY2021Q2 us-gaap Servicing Liability At Fair Value Amount
ServicingLiabilityAtFairValueAmount
5300000 USD
CY2020Q2 us-gaap Servicing Liability At Fair Value Amount
ServicingLiabilityAtFairValueAmount
2600000 USD
CY2021Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
92164000 USD
CY2020Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
35242000 USD
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
171734000 USD
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
66683000 USD
CY2021Q2 ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
2578000 USD
CY2020Q2 ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
1309000 USD
ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
5575000 USD
ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
6431000 USD
CY2021Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
94742000 USD
CY2020Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
36551000 USD
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
177309000 USD
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
73114000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-129267000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-22736000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
101757000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-109050000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-105771000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-37491000 USD
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-223877000 USD
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-70532000 USD
CY2021Q2 ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
6089000 USD
CY2020Q2 ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
161000 USD
ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
5992000 USD
ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
58000 USD
CY2021Q2 ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
83851000 USD
CY2020Q2 ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
26954000 USD
ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
-72605000 USD
ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
99021000 USD
CY2021Q2 ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-145098000 USD
CY2020Q2 ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-33112000 USD
ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-188733000 USD
ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-80503000 USD
CY2021Q2 us-gaap Interests Continued To Be Held By Transferor Fair Value
InterestsContinuedToBeHeldByTransferorFairValue
1776395000 USD
CY2020Q4 us-gaap Interests Continued To Be Held By Transferor Fair Value
InterestsContinuedToBeHeldByTransferorFairValue
1124302000 USD
CY2021Q2 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of100 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf100BasisPointsAdverseChangeInDiscountRate
77174000 USD
CY2020Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of100 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf100BasisPointsAdverseChangeInDiscountRate
45745000 USD
CY2021Q2 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of200 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf200BasisPointsAdverseChangeInDiscountRate
148195000 USD
CY2020Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of200 Basis Points Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf200BasisPointsAdverseChangeInDiscountRate
87800000 USD
CY2021Q2 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInCostOfServicing
17818000 USD
CY2020Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInCostOfServicing
11556000 USD
CY2021Q2 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInCostOfServicing
35673000 USD
CY2020Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInCostOfServicing
23112000 USD
CY2021Q2 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
69123000 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
63351000 USD
CY2021Q2 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
134451000 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
122294000 USD
CY2021Q2 us-gaap Derivative Assets
DerivativeAssets
349621000 USD
CY2021Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
58805000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
647939000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
168169000 USD
CY2021Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-176025000 USD
CY2020Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
134829000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
95476000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
129618000 USD
CY2021Q2 ldi Number Of Lines Of Credit Held
NumberOfLinesOfCreditHeld
14 lineOfCredit
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
1473309000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
712466000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30509000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
649485000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
476639000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
738480000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4225000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
890000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22502000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
890000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.138
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.001
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.047
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.001
CY2021Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
56000 USD
CY2021Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
202900000 USD
CY2021Q2 ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.26
CY2020Q4 ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.26
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2021Q2 ldi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
12900000 USD
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2021Q2 us-gaap Minority Interest
MinorityInterest
1100000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2020Q4 us-gaap Minority Interest
MinorityInterest
1700000000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
61800000 USD
CY2020Q2 ldi Share Based Payment Arrangement Expense Net Of Forfeitures
ShareBasedPaymentArrangementExpenseNetOfForfeitures
6800000 USD
ldi Share Based Payment Arrangement Expense Net Of Forfeitures
ShareBasedPaymentArrangementExpenseNetOfForfeitures
6700000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
29400000 USD
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0030
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0030
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y8M12D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y8M12D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.600
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.600
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.750
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.750
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
8561000 USD
us-gaap Net Income Loss
NetIncomeLoss
53436000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126726876 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126392949 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126392949 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8561000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
53436000 USD
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126726876 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126392949 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126392949 shares
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2021Q2 us-gaap Escrow Deposit
EscrowDeposit
190300000 USD
CY2020Q4 us-gaap Escrow Deposit
EscrowDeposit
377300000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
30052000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
25729000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
33591000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
17677000 USD
CY2021Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-533000 USD
CY2020Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2396000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
267000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
12126000 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2893000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2695000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
7232000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
4373000 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
26626000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
25430000 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
26626000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
25430000 USD
CY2021Q2 ldi Tax Receivable Agreement Percent Of Cash Tax Savings Paid
TaxReceivableAgreementPercentOfCashTaxSavingsPaid
0.85
CY2021Q2 ldi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
12900000 USD
CY2021Q2 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
106200000 USD

Files In Submission

Name View Source Status
0001831631-21-000092-index-headers.html Edgar Link pending
0001831631-21-000092-index.html Edgar Link pending
0001831631-21-000092.txt Edgar Link pending
0001831631-21-000092-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ldi-20210630.htm Edgar Link pending
ldi-20210630.xsd Edgar Link pending
ldi-20210630_cal.xml Edgar Link unprocessable
ldi-20210630_def.xml Edgar Link unprocessable
ldi-20210630_htm.xml Edgar Link completed
ldi-20210630_lab.xml Edgar Link unprocessable
ldi-20210630_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
q22021ldiexhibit311.htm Edgar Link pending
q22021ldiexhibit312.htm Edgar Link pending
q22021ldiexhibit321.htm Edgar Link pending
q22021ldiexhibit322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending