2024 Q3 Form 10-Q Financial Statement

#000183163124000285 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $314.6M
YoY Change 18.42%
Cost Of Revenue $71.04M
YoY Change 20.6%
Gross Profit $339.6M
YoY Change 22.57%
Gross Profit Margin 107.96%
Selling, General & Admin $244.3M
YoY Change 7.23%
% of Gross Profit 71.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.931M
YoY Change -15.75%
% of Gross Profit 2.63%
Operating Expenses $253.2M
YoY Change 6.21%
Operating Profit $86.44M
YoY Change 123.36%
Interest Expense -$101.7M
YoY Change -393.64%
% of Operating Profit -117.68%
Other Income/Expense, Net
YoY Change
Pretax Income $3.595M
YoY Change -109.11%
Income Tax $923.0K
% Of Pretax Income 25.67%
Net Earnings $1.369M
YoY Change -108.25%
Net Earnings / Revenue 0.44%
Basic Earnings Per Share $0.01
Diluted Earnings Per Share $0.01
COMMON SHARES
Basic Shares Outstanding 185.4M shares
Diluted Shares Outstanding 332.5M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $483.0M
YoY Change -32.63%
Cash & Equivalents $483.0M
Short-Term Investments
Other Short-Term Assets $258.8M
YoY Change 107.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $741.8M
YoY Change -17.21%
LONG-TERM ASSETS
Property, Plant & Equipment $62.97M
YoY Change -17.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.90M
YoY Change -4.68%
Other Assets $95.59M
YoY Change -16.88%
Total Long-Term Assets $5.676B
YoY Change 9.52%
TOTAL ASSETS
Total Short-Term Assets $741.8M
Total Long-Term Assets $5.676B
Total Assets $6.418B
YoY Change 5.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $381.5M
YoY Change -17.59%
Accrued Expenses $38.54M
YoY Change -28.63%
Deferred Revenue
YoY Change
Short-Term Debt $2.566B
YoY Change
Long-Term Debt Due $616.0M
YoY Change
Total Short-Term Liabilities $3.602B
YoY Change 596.68%
LONG-TERM LIABILITIES
Long-Term Debt $1.341B
YoY Change -67.32%
Other Long-Term Liabilities $882.4M
YoY Change 27.89%
Total Long-Term Liabilities $2.224B
YoY Change -53.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.602B
Total Long-Term Liabilities $2.224B
Total Liabilities $5.826B
YoY Change 9.72%
SHAREHOLDERS EQUITY
Retained Earnings -$517.4M
YoY Change 21.87%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $311.4M
YoY Change
Total Liabilities & Shareholders Equity $6.418B
YoY Change 5.58%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $1.369M
YoY Change -108.25%
Depreciation, Depletion And Amortization $8.931M
YoY Change -15.75%
Cash From Operating Activities -$349.2M
YoY Change -313.82%
INVESTING ACTIVITIES
Capital Expenditures $7.278M
YoY Change 51.62%
Acquisitions
YoY Change
Other Investing Activities -$20.97M
YoY Change -127.74%
Cash From Investing Activities -$28.25M
YoY Change -139.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 324.9M
YoY Change -278.0%
NET CHANGE
Cash From Operating Activities -349.2M
Cash From Investing Activities -28.25M
Cash From Financing Activities 324.9M
Net Change In Cash -52.57M
YoY Change -201.68%
FREE CASH FLOW
Cash From Operating Activities -$349.2M
Capital Expenditures $7.278M
Free Cash Flow -$356.4M
YoY Change -324.89%

Facts In Submission

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loanDepot, Inc.
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CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3595000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2024Q3 us-gaap Profit Loss
ProfitLoss
2672000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
-134685000 usd
us-gaap Profit Loss
ProfitLoss
-175743000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1303000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
185385271 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
183041489 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
173568986 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
332532984 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
175962804 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
183041489 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
173568986 shares
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
797344000 usd
CY2023Q3 ldi Adjustments To Additional Paid In Capital Tax Adjustments
AdjustmentsToAdditionalPaidInCapitalTaxAdjustments
643000 usd
CY2023Q3 ldi Stock Vested During Period Value
StockVestedDuringPeriodValue
577000 usd
dei Security12b Title
Security12bTitle
Class A Common Stock, $0.001 per value per share
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
660707000 usd
CY2024Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
18801000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
16493000 usd
CY2024Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
39488000 usd
CY2023Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
36770000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
106837000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
96459000 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
45129000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
42504000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
144676000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
128619000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
175962804 shares
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3940000 usd
CY2023Q3 ldi Distributions For State Taxes
DistributionsForStateTaxes
-207000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-34262000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
768935000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
578938000 usd
CY2024Q3 ldi Adjustments To Additional Paid In Capital Tax Adjustments
AdjustmentsToAdditionalPaidInCapitalTaxAdjustments
4463000 usd
CY2024Q3 ldi Stock Vested During Period Value
StockVestedDuringPeriodValue
-1314000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8200000 usd
CY2024Q3 ldi Distributions For State Taxes
DistributionsForStateTaxes
910000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
2672000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
592049000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
921473000 usd
ldi Adjustments To Additional Paid In Capital Tax Adjustments
AdjustmentsToAdditionalPaidInCapitalTaxAdjustments
7309000 usd
ldi Stock Vested During Period Value
StockVestedDuringPeriodValue
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15619000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
704484000 usd
ldi Adjustments To Additional Paid In Capital Tax Adjustments
AdjustmentsToAdditionalPaidInCapitalTaxAdjustments
6584000 usd
ldi Stock Vested During Period Value
StockVestedDuringPeriodValue
-2308000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18952000 usd
ldi Distributions For State Taxes
DistributionsForStateTaxes
1002000 usd
us-gaap Profit Loss
ProfitLoss
-134685000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
592049000 usd
us-gaap Profit Loss
ProfitLoss
-134685000 usd
us-gaap Profit Loss
ProfitLoss
-175743000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27329000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
8161000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
11966000 usd
ldi Gain On Origination And Sale Of Loans
GainOnOriginationAndSaleOfLoans
391437000 usd
us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
4026000 usd
us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
-765000 usd
ldi Provision For Loss Obligation On Sold Loans And Servicing Rights
ProvisionForLossObligationOnSoldLoansAndServicingRights
-5993000 usd
ldi Provision For Loss Obligation On Sold Loans And Servicing Rights
ProvisionForLossObligationOnSoldLoansAndServicingRights
10086000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
34115000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
28619000 usd
ldi Fair Value Adjustment Gain Loss Of Derivative Assets
FairValueAdjustmentGainLossOfDerivativeAssets
-18989000 usd
ldi Fair Value Adjustment Gain Loss Of Derivative Assets
FairValueAdjustmentGainLossOfDerivativeAssets
-21321000 usd
ldi Fair Value Adjustment Of Derivative Liabilities Gain Loss
FairValueAdjustmentOfDerivativeLiabilitiesGainLoss
62819000 usd
ldi Fair Value Adjustment Of Derivative Liabilities Gain Loss
FairValueAdjustmentOfDerivativeLiabilitiesGainLoss
17750000 usd
ldi Premium Paid Received On Derivatives
PremiumPaidReceivedOnDerivatives
5938000 usd
ldi Premium Paid Received On Derivatives
PremiumPaidReceivedOnDerivatives
-68532000 usd
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-19219000 usd
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-10288000 usd
ldi Gain Loss On Changes In Fair Value For Loans Held To Maturity
GainLossOnChangesInFairValueForLoansHeldToMaturity
3035000 usd
ldi Gain Loss On Changes In Fair Value For Loans Held To Maturity
GainLossOnChangesInFairValueForLoansHeldToMaturity
0 usd
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
132457000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
18952000 usd
ldi Origination Of Loans
OriginationOfLoans
17026481000 usd
ldi Proceeds From Sale Of Loans Operating Activities
ProceedsFromSaleOfLoansOperatingActivities
16742208000 usd
ldi Proceeds From Principal Payments Of Loans Operating Activities
ProceedsFromPrincipalPaymentsOfLoansOperatingActivities
200983000 usd
ldi Payments To Investors For Loan Repurchases
PaymentsToInvestorsForLoanRepurchases
468779000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5680000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
8865000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
15288000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-63079000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-133544000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-905982000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31203000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19469000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16317000 usd
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
470994000 usd
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
171167000 usd
us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
4602000 usd
us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
4144000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
-3502000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
245000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
459874000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
16228053000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
15609397000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1052851000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
1375191000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
12288000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2308000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
2827000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
278893000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-167215000 usd
ldi Loans Transferred From Held For Sale To Held For Investment
LoansTransferredFromHeldForSaleToHeldForInvestment
122533000 usd
ldi Loans Transferred From Held For Sale To Held For Investment
LoansTransferredFromHeldForSaleToHeldForInvestment
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7490000 usd
CY2024Q3 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
20000000 usd
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 estimates in certain areas, including determining the fair value of loans held for sale (“LHFS”), loans held for investment (“LHFI”), servicing rights, derivative assets and derivative liabilities, trading securities, awards granted under the incentive equity plan, and determining the loan loss obligation on sold loans and MSRs. 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 limited its concentration in 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 18% of total loan originations for the nine months ended September 30, 2024.</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. Four investors accounted for 33%, 20%, 16%, and 6% of the Company’s loan sales for the nine months ended September 30, 2024. No other investors accounted for more than 5% of the loan sales for the nine months ended September 30, 2024.</span></div>The Company funds loans through warehouse and other lines of credit. As of September 30, 2024, 25% and 23% of the Company's warehouse lines were payable to two separate lenders.
CY2024Q2 us-gaap Transfers Accounted For As Secured Borrowings Assets Carrying Amount
TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount
150000000 usd
CY2024Q3 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
2739135000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
2133082000 usd
CY2024Q3 ldi Loans Held For Sale Fair Value Cumulative Adjustment Gain Loss
LoansHeldForSaleFairValueCumulativeAdjustmentGainLoss
51149000 usd
CY2023Q4 ldi Loans Held For Sale Fair Value Cumulative Adjustment Gain Loss
LoansHeldForSaleFairValueCumulativeAdjustmentGainLoss
-202000 usd
CY2024Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
2790284000 usd
CY2023Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
2132880000 usd
CY2024Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2377987000 usd
CY2023Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2256551000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2132880000 usd
CY2022Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2373427000 usd
CY2024Q3 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
6545027000 usd
CY2023Q3 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
6005613000 usd
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
17026481000 usd
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
17097155000 usd
CY2024Q3 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
6311590000 usd
CY2023Q3 us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
6219208000 usd
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
16527301000 usd
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
17648412000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
0 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
0 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
122532000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
0 usd
CY2024Q3 ldi Loans Receivable Held For Sale Repurchases
LoansReceivableHeldForSaleRepurchases
174747000 usd
ldi Loans Receivable Held For Sale Repurchases
LoansReceivableHeldForSaleRepurchases
331961000 usd
CY2023Q3 ldi Loans Receivable Held For Sale Principal Payments
LoansReceivableHeldForSalePrincipalPayments
46886000 usd
ldi Loans Receivable Held For Sale Principal Payments
LoansReceivableHeldForSalePrincipalPayments
200983000 usd
ldi Loans Receivable Held For Sale Principal Payments
LoansReceivableHeldForSalePrincipalPayments
93671000 usd
CY2024Q3 ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
23509000 usd
CY2023Q3 ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-14142000 usd
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-19219000 usd
ldi Loans Receivable Held For Sale Change In Fair Value
LoansReceivableHeldForSaleChangeInFairValue
-10288000 usd
CY2024Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2790284000 usd
CY2023Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2070748000 usd
CY2024Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2790284000 usd
CY2023Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2070748000 usd
CY2024Q3 ldi Discount Premium From Loan Sales
DiscountPremiumFromLoanSales
81081000 usd
CY2023Q3 ldi Discount Premium From Loan Sales
DiscountPremiumFromLoanSales
-64973000 usd
ldi Discount Premium From Loan Sales
DiscountPremiumFromLoanSales
100406000 usd
ldi Discount Premium From Loan Sales
DiscountPremiumFromLoanSales
-108289000 usd
CY2024Q3 ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
62039000 usd
CY2023Q3 ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
80068000 usd
ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
176529000 usd
ldi Servicing Rights From Loan Sales
ServicingRightsFromLoanSales
215229000 usd
CY2024Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1887000 usd
CY2023Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3509000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
58071000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
66665000 usd
CY2024Q3 ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
59712000 usd
CY2023Q3 ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
-58417000 usd
ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
105609000 usd
ldi Realized Loss On Derivative Net
RealizedLossOnDerivativeNet
-15063000 usd
CY2024Q3 ldi Premium Discount Points Rebates And Lender Paid Costs
PremiumDiscountPointsRebatesAndLenderPaidCosts
-86116000 usd
CY2023Q3 ldi Premium Discount Points Rebates And Lender Paid Costs
PremiumDiscountPointsRebatesAndLenderPaidCosts
-83772000 usd
ldi Premium Discount Points Rebates And Lender Paid Costs
PremiumDiscountPointsRebatesAndLenderPaidCosts
-220111000 usd
ldi Premium Discount Points Rebates And Lender Paid Costs
PremiumDiscountPointsRebatesAndLenderPaidCosts
-222332000 usd
CY2024Q3 ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
23509000 usd
CY2023Q3 ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
-14142000 usd
ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
19219000 usd
ldi Change In Fair Value Of Loans Held For Sale
ChangeInFairValueOfLoansHeldForSale
10288000 usd
CY2024Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-3107000 usd
CY2023Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-2198000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-12280000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
9952000 usd
CY2024Q3 ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
198027000 usd
CY2023Q3 ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
148849000 usd
ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
481007000 usd
ldi Gain On Origination And Sale Of Loans Net
GainOnOriginationAndSaleOfLoansNet
411336000 usd
CY2024Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2790284000 usd
CY2024Q3 ldi Financing Receivable Held For Sale Unpaid Principal Balance Not Part Of Disposal Group After Valuation Allowance
FinancingReceivableHeldForSaleUnpaidPrincipalBalanceNotPartOfDisposalGroupAfterValuationAllowance
2739135000 usd
CY2024Q3 ldi Difference In Value Of Financing Receivable Held For Sale Not Part Of Disposal Group After Valuation Allowance
DifferenceInValueOfFinancingReceivableHeldForSaleNotPartOfDisposalGroupAfterValuationAllowance
51149000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2132880000 usd
CY2023Q4 ldi Financing Receivable Held For Sale Unpaid Principal Balance Not Part Of Disposal Group After Valuation Allowance
FinancingReceivableHeldForSaleUnpaidPrincipalBalanceNotPartOfDisposalGroupAfterValuationAllowance
2133082000 usd
CY2023Q4 ldi Difference In Value Of Financing Receivable Held For Sale Not Part Of Disposal Group After Valuation Allowance
DifferenceInValueOfFinancingReceivableHeldForSaleNotPartOfDisposalGroupAfterValuationAllowance
-202000 usd
CY2024Q2 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
120287000 usd
CY2023Q2 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
0 usd
CY2023Q4 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
0 usd
CY2022Q4 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
0 usd
CY2024Q3 ldi Loans Held For Investment At Fair Value Additions
LoansHeldForInvestmentAtFairValueAdditions
0 usd
CY2023Q3 ldi Loans Held For Investment At Fair Value Additions
LoansHeldForInvestmentAtFairValueAdditions
0 usd
ldi Loans Held For Investment At Fair Value Additions
LoansHeldForInvestmentAtFairValueAdditions
122532000 usd
ldi Loans Held For Investment At Fair Value Additions
LoansHeldForInvestmentAtFairValueAdditions
0 usd
CY2024Q3 ldi Loans Held For Investment At Fair Value.Period Increase Decrease
LoansHeldForInvestmentAtFairValue.PeriodIncreaseDecrease
1577000 usd
CY2023Q3 ldi Loans Held For Investment At Fair Value.Period Increase Decrease
LoansHeldForInvestmentAtFairValue.PeriodIncreaseDecrease
0 usd
ldi Loans Held For Investment At Fair Value.Period Increase Decrease
LoansHeldForInvestmentAtFairValue.PeriodIncreaseDecrease
3501000 usd
ldi Loans Held For Investment At Fair Value.Period Increase Decrease
LoansHeldForInvestmentAtFairValue.PeriodIncreaseDecrease
0 usd
CY2024Q3 ldi Loans Held For Investment At Fair Value Other Changes In Fair Value
LoansHeldForInvestmentAtFairValueOtherChangesInFairValue
3356000 usd
CY2023Q3 ldi Loans Held For Investment At Fair Value Other Changes In Fair Value
LoansHeldForInvestmentAtFairValueOtherChangesInFairValue
0 usd
ldi Loans Held For Investment At Fair Value Other Changes In Fair Value
LoansHeldForInvestmentAtFairValueOtherChangesInFairValue
3035000 usd
ldi Loans Held For Investment At Fair Value Other Changes In Fair Value
LoansHeldForInvestmentAtFairValueOtherChangesInFairValue
0 usd
CY2024Q3 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
122066000 usd
CY2023Q3 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
0 usd
CY2024Q3 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
122066000 usd
CY2023Q3 ldi Loans Held For Investment At Fair Value
LoansHeldForInvestmentAtFairValue
0 usd
CY2024Q3 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
114915206000 usd
CY2023Q4 us-gaap Principal Amount Outstanding On Loans Managed And Securitized
PrincipalAmountOutstandingOnLoansManagedAndSecuritized
145090199000 usd
CY2024Q2 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1566463000 usd
CY2023Q2 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1998762000 usd
CY2023Q4 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1985718000 usd
CY2022Q4 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
2025136000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
62039000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
80068000 usd
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
176529000 usd
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
215229000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
8466000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
73972000 usd
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
503777000 usd
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
171167000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-52557000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
68651000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-8690000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
73422000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-41498000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-38502000 usd
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-119783000 usd
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-114777000 usd
CY2024Q3 ldi Servicing Asset At Fair Value Realized Gain Loss On Sale
ServicingAssetAtFairValueRealizedGainLossOnSale
-32000 usd
CY2023Q3 ldi Servicing Asset At Fair Value Realized Gain Loss On Sale
ServicingAssetAtFairValueRealizedGainLossOnSale
-3647000 usd
ldi Servicing Asset At Fair Value Realized Gain Loss On Sale
ServicingAssetAtFairValueRealizedGainLossOnSale
3984000 usd
ldi Servicing Asset At Fair Value Realized Gain Loss On Sale
ServicingAssetAtFairValueRealizedGainLossOnSale
-10811000 usd
CY2024Q3 ldi Servicing Asset Change In Fair Value
ServicingAssetChangeInFairValue
-94023000 usd
CY2023Q3 ldi Servicing Asset Change In Fair Value
ServicingAssetChangeInFairValue
33796000 usd
ldi Servicing Asset Change In Fair Value
ServicingAssetChangeInFairValue
-132457000 usd
ldi Servicing Asset Change In Fair Value
ServicingAssetChangeInFairValue
-30544000 usd
CY2024Q3 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1526013000 usd
CY2023Q3 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
2038654000 usd
CY2024Q3 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1526013000 usd
CY2023Q3 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
2038654000 usd
CY2024Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
90769000 usd
CY2023Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
92744000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
279911000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
289183000 usd
CY2024Q3 ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
33364000 usd
CY2023Q3 ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
28167000 usd
ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
93362000 usd
ldi Late And Ancillary Fee Income Generated By Servicing Financial Assets Amount
LateAndAncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
71146000 usd
CY2024Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
124133000 usd
CY2023Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
120911000 usd
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
373273000 usd
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
360329000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-41498000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-38502000 usd
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-119783000 usd
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-114777000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-52557000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
68651000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-8690000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
73422000 usd
CY2024Q3 ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
32000 usd
CY2023Q3 ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
5247000 usd
ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
-2980000 usd
ldi Realized Gains Losses On Sales Of Servicing Rights
RealizedGainsLossesOnSalesOfServicingRights
12411000 usd
CY2024Q3 ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
37624000 usd
CY2023Q3 ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
-69353000 usd
ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
-23876000 usd
ldi Gain Loss On Derivatives Hedging Servicing Rights
GainLossOnDerivativesHedgingServicingRights
-96290000 usd
CY2024Q3 ldi Servicing Asset At Fair Value Period Increase Decrease Net Of Hedging Gain Loss
ServicingAssetAtFairValuePeriodIncreaseDecreaseNetOfHedgingGainLoss
-14901000 usd
CY2023Q3 ldi Servicing Asset At Fair Value Period Increase Decrease Net Of Hedging Gain Loss
ServicingAssetAtFairValuePeriodIncreaseDecreaseNetOfHedgingGainLoss
4545000 usd
ldi Servicing Asset At Fair Value Period Increase Decrease Net Of Hedging Gain Loss
ServicingAssetAtFairValuePeriodIncreaseDecreaseNetOfHedgingGainLoss
-35546000 usd
ldi Servicing Asset At Fair Value Period Increase Decrease Net Of Hedging Gain Loss
ServicingAssetAtFairValuePeriodIncreaseDecreaseNetOfHedgingGainLoss
-10457000 usd
CY2024Q3 ldi Realized Gain Loss On Sales Of Servicing Rights Other
RealizedGainLossOnSalesOfServicingRightsOther
-164000 usd
CY2023Q3 ldi Realized Gain Loss On Sales Of Servicing Rights Other
RealizedGainLossOnSalesOfServicingRightsOther
-1731000 usd
ldi Realized Gain Loss On Sales Of Servicing Rights Other
RealizedGainLossOnSalesOfServicingRightsOther
-7290000 usd
ldi Realized Gain Loss On Sales Of Servicing Rights Other
RealizedGainLossOnSalesOfServicingRightsOther
-1734000 usd
CY2024Q3 ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-56563000 usd
CY2023Q3 ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-35688000 usd
ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-162619000 usd
ldi Changes In Fair Value Of Servicing Rights Net
ChangesInFairValueOfServicingRightsNet
-126968000 usd
CY2024Q3 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1526013000 usd
CY2023Q4 ldi Servicing Asset Net At Fair Value
ServicingAssetNetAtFairValue
1985718000 usd
CY2024Q3 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of1 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf1PercentAdverseChangeInDiscountRate
59252000 usd
CY2023Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of1 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf1PercentAdverseChangeInDiscountRate
76862000 usd
CY2024Q3 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of2 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf2PercentAdverseChangeInDiscountRate
114756000 usd
CY2023Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of2 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf2PercentAdverseChangeInDiscountRate
148438000 usd
CY2024Q3 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInCostOfServicing
16888000 usd
CY2023Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInCostOfServicing
20103000 usd
CY2024Q3 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInCostOfServicing
33880000 usd
CY2023Q4 ldi Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Cost Of Servicing
SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInCostOfServicing
40319000 usd
CY2024Q3 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
21978000 usd
CY2023Q4 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
22425000 usd
CY2024Q3 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
42868000 usd
CY2023Q4 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
44128000 usd
CY2024Q3 us-gaap Derivative Assets
DerivativeAssets
68647000 usd
CY2024Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
22143000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
93574000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
84962000 usd
CY2024Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-20201000 usd
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-7427000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-71414000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-14562000 usd
CY2024Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
8206000 usd
CY2024Q3 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
146500000 usd
CY2024Q3 ldi Number Of Lines Of Credit Held
NumberOfLinesOfCreditHeld
8 lineofcredit
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
1957341000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2274011000 usd
CY2024Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
5700000 usd
CY2024Q3 us-gaap Minority Interest
MinorityInterest
280700000 usd
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
1369000 usd
us-gaap Net Income Loss
NetIncomeLoss
-65097000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
185385271 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
183041489 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1369000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-65097000 usd
CY2024Q3 ldi Net Income Loss Available To Common Stockholders Non Controlling Interests
NetIncomeLossAvailableToCommonStockholdersNonControllingInterests
977000 usd
ldi Net Income Loss Available To Common Stockholders Non Controlling Interests
NetIncomeLossAvailableToCommonStockholdersNonControllingInterests
0 usd
CY2024Q3 ldi Net Earnings Loss Allocated To Common Shareholders Basic
NetEarningsLossAllocatedToCommonShareholdersBasic
0 usd
ldi Net Earnings Loss Allocated To Common Shareholders Basic
NetEarningsLossAllocatedToCommonShareholdersBasic
0 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2346000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-65097000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
185385271 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
183041489 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
332532984 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
183041489 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-16599000 usd
us-gaap Net Income Loss
NetIncomeLoss
-82950000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
175962804 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
173568986 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-16599000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-82950000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
175962804 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
173568986 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
CY2024Q3 ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.250
CY2023Q3 ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.274
ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.258
ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.270
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2305379 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
161830947 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
154468396 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
167538170 shares
CY2024Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
61500000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
88700000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
87000000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
166500000 usd
ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.258
CY2023 ldi Effective Income Tax Rate Reconciliation Federal And State Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationFederalAndStateIncomeTaxRatePercent
0.262
CY2024Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
300000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
300000 usd
CY2024Q3 ldi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
68900000 usd
CY2023Q4 ldi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
57300000 usd
ldi Tax Receivable Agreement Payment
TaxReceivableAgreementPayment
0 usd
ldi Tax Receivable Agreement Payment
TaxReceivableAgreementPayment
0 usd
CY2024Q3 us-gaap Escrow Deposit
EscrowDeposit
46800000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
4300000 usd
CY2020Q4 ldi Loss Contingency Number Of Senior Members
LossContingencyNumberOfSeniorMembers
1 member
CY2021Q4 ldi Loss Contingency Pending Shareholder Complaints Number
LossContingencyPendingShareholderComplaintsNumber
4 complaint
CY2023Q2 ldi Loss Contingency Pending Shareholder Complaints Number
LossContingencyPendingShareholderComplaintsNumber
3 complaint
CY2023Q2 ldi Loss Contingency Pending Shareholder Complaints Consolidated Number
LossContingencyPendingShareholderComplaintsConsolidatedNumber
2 complaint
CY2024Q2 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
20790000 usd
CY2023Q2 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
53467000 usd
CY2023Q4 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
31980000 usd
CY2022Q4 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
70797000 usd
CY2024Q3 ldi Recovery Provision For Loan Loss Obligations
RecoveryProvisionForLoanLossObligations
-3107000 usd
CY2023Q3 ldi Recovery Provision For Loan Loss Obligations
RecoveryProvisionForLoanLossObligations
-2198000 usd
ldi Recovery Provision For Loan Loss Obligations
RecoveryProvisionForLoanLossObligations
-12280000 usd
ldi Recovery Provision For Loan Loss Obligations
RecoveryProvisionForLoanLossObligations
9952000 usd
CY2024Q3 ldi Representations And Warranties Writeoffs Recoveries Net
RepresentationsAndWarrantiesWriteoffsRecoveriesNet
2507000 usd
CY2023Q3 ldi Representations And Warranties Writeoffs Recoveries Net
RepresentationsAndWarrantiesWriteoffsRecoveriesNet
7534000 usd
ldi Representations And Warranties Writeoffs Recoveries Net
RepresentationsAndWarrantiesWriteoffsRecoveriesNet
4524000 usd
ldi Representations And Warranties Writeoffs Recoveries Net
RepresentationsAndWarrantiesWriteoffsRecoveriesNet
37014000 usd
CY2024Q3 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
15176000 usd
CY2023Q3 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
43735000 usd
CY2024Q3 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
15176000 usd
CY2023Q3 ldi Representations And Warranties Liability
RepresentationsAndWarrantiesLiability
43735000 usd
CY2024Q3 ldi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
68900000 usd
CY2023Q4 ldi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
57300000 usd
CY2024Q3 us-gaap Minimum Net Worth Required For Compliance
MinimumNetWorthRequiredForCompliance
329200000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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