7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 
      
    		                     
      operating activities
    		                     
      net income
    		-123,854,000 34,089,000 -212,446,000 648,613,000 -481,424,000 177,925,000 290,714,000 -232,694,000 114,945,000 139,152,000 -411,483,000 -492,655,000 96,224,000 59,756,000 1,036,608,000 865,316,000 1,392,859,000 1,036,650,000 2,777,338,000 2,840,764,000 3,000,021,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                     
      depreciation and amortization
    		78,340,000 27,526,000 26,910,000 29,284,000 28,607,000 28,009,000 27,017,000 26,593,000 27,636,000 25,357,000 30,685,000 23,987,000 24,211,000 24,780,000 21,042,000 19,243,000 19,577,000 20,589,000 15,304,000 26,683,000 15,329,000 
      (benefit from) benefit from deferred income taxes
    		-62,256,000 -18,083,000 -5,339,000     -14,194,000 2,755,000 2,163,000 -8,505,000           
      origination of msrs
    		-385,692,000 -343,525,000 -264,427,000 -424,172,000 -337,702,000 -345,545,000 -222,797,000               
      change in fair value of msrs
    		485,024,000 240,914,000 445,856,000 -356,360,000 885,441,000 107,831,000 -52,525,000 356,806,000 -31,670,000 -44,145,000 397,681,000 423,354,000 -193,831,000 -10,515,000 -478,655,000 85,823,000 344,520,000 414,745,000 -245,921,000 375,380,000 374,765,000 
      gain on sale of loans excluding fair value of msrs
    		-641,721,000 -472,375,000 -507,199,000    -476,429,000 -187,832,000 -241,496,000 -279,629,000 -265,003,000 7,498,000 -139,733,000 -347,365,000 -687,170,000 -993,588,000 -1,746,971,000 -1,484,378,000 -2,379,278,000 -3,131,808,000 -3,443,885,000 
      disbursements of mortgage loans held for sale
    		-31,415,290,000 -29,008,125,000 -21,003,518,000 -28,405,015,000 -27,914,282,000 -24,421,864,000 -19,739,707,000 -17,278,057,000 -22,012,589,000 -22,204,353,000 -16,785,731,000 -19,057,493,000 -25,799,915,000 -35,295,819,000 -54,173,353,000 -77,452,380,000 -87,537,240,000 -83,875,672,000 -104,103,499,000 -107,161,460,000 -87,484,199,000 
      proceeds from sale of mortgage loans held for sale
    		31,672,489,000 27,866,086,000 20,893,288,000  26,928,053,000                 
      disbursements of non-mortgage loans held for sale
    		-123,140,000 -176,237,000 -121,870,000 -43,810,000 -128,814,000 -71,432,000 -36,599,000               
      change in fair value of non-mortgage loans held for sale
    		3,179,000 2,733,000 2,386,000 10,633,000 -86,000 -367,000 1,956,000               
      share-based compensation expense
    		71,565,000 50,046,000 40,020,000 35,558,000 39,928,000 39,000,000 30,997,000 35,386,000 42,092,000 50,696,000 51,960,000 47,621,000 56,346,000 56,441,000 55,593,000 39,839,000 40,871,000 40,930,000 42,072,000   
      change in assets and liabilities
    		                     
      due from affiliates
    		-2,152,000 -478,000 -558,000 981,000 -901,000 4,249,000 956,000 -8,770,000 61,032,000 -63,718,000 2,722,000 383,000 -1,380,000 998,000 -1,044,000 -81,000 1,306,000 923,000 10,272,000 -9,101,000 3,947,000 
      other assets
    		415,387,000 -149,861,000 -113,111,000 -30,448,000 113,544,000 -48,942,000 -20,142,000 65,236,000 -79,433,000 12,828,000 -61,435,000 -111,894,000 97,591,000 74,095,000 -37,034,000 159,468,000 -56,539,000 -147,810,000 132,324,000 -180,053,000 -13,924,000 
      accounts payable
    		-52,818,000 -13,261,000 109,794,000 5,787,000 -30,024,000 16,912,000 17,688,000 -28,568,000 42,976,000 21,902,000 18,708,000 -87,501,000 -29,888,000 -55,140,000 17,316,000 -84,158,000 59,754,000 -9,925,000 45,499,000 -592,000 32,800,000 
      due to affiliates
    		22,000 -492,000 544,000 2,519,000 -1,237,000 418,000 324,000 610,000 -5,496,000 5,432,000 -3,187,000 3,535,000 -7,688,000 7,414,000 -4,168,000 3,574,000 -47,160,000 2,921,000 -302,000 817,000 -5,954,000 
      other liabilities
    		30,647,000 110,918,000 -87,335,000 -6,240,000 81,465,000 33,081,000 -6,823,000 -217,462,000 76,266,000 18,920,000 -31,753,000 -590,509,000 342,611,000 -698,906,000 628,602,000 -271,576,000 149,169,000 -643,594,000 832,332,000 90,377,000 -8,906,000 
      total adjustments
    		73,584,000 -1,884,214,000 -584,559,000 1,194,556,000 -855,933,000 -300,254,000 -3,303,436,000 1,626,582,000 213,434,000 -425,397,000 -914,210,000 1,711,266,000 2,923,326,000 -2,246,722,000 7,735,692,000 3,541,433,000 -613,371,000 -4,752,473,000 3,496,176,000 -856,514,000 -4,738,341,000 
      net cash from operating activities
    		-50,270,000 -1,850,125,000 -797,005,000 1,843,169,000 -1,337,357,000 -122,329,000 -3,012,722,000 1,393,888,000 328,379,000 -286,245,000 -1,325,693,000 1,218,611,000 3,019,550,000 -2,186,966,000 8,772,300,000 4,406,749,000 779,488,000 -3,715,823,000 6,273,514,000 1,984,250,000 -1,738,320,000 
      investing activities
    		                     
      acquisition of business, net of cash acquired
    		                     
      net proceeds from sale of msrs
    		107,070,000 63,421,000 144,486,000  94,189,000                 
      net purchase of msrs
    		-10,662,000 -177,843,000 -55,825,000 -95,628,000 -310,434,000 -314,177,000 -17,364,000 5,171,000 -106,943,000 3,839,000 -3,285,000 4,000,000 -2,193,000 -866,000 -15,581,000 -149,710,000      
      decrease in mortgage loans held for investment
    		578,000 72,000 617,000 512,000 1,184,000 -85,000 10,144,000  3,016,000 1,119,000 3,190,000           
      purchase and other additions of property and equipment, net of disposals
    		-21,509,000 -15,498,000 -14,005,000 -18,722,000 -18,739,000 -16,021,000 -14,027,000 540,000 -20,745,000 -16,309,000 -23,822,000 -5,166,000 -25,020,000 -36,196,000 -26,742,000 -19,742,000 -30,884,000 -31,032,000 -36,633,000 -33,151,000 -30,974,000 
      net cash from investing activities
    		-3,066,000 -129,848,000 75,273,000 -35,648,000 -233,800,000 -261,485,000 35,460,000 122,192,000 97,221,000 583,111,000 58,629,000 196,573,000 -26,353,000 189,792,000 218,730,000 -1,172,007,000 512,109,000 33,937,000 -38,891,000 206,151,000 104,359,000 
      financing activities
    		                     
      net borrowings on funding facilities
    		883,069,000 1,872,039,000 901,555,000  1,476,604,000 876,987,000 2,778,069,000              3,403,539,000 
      borrowings on senior notes
    		0                     
      payment of debt issuance costs
    		-9,810,000                     
      net payments on early buy out facility
    		-12,943,000 -12,761,000 -12,656,000 -13,914,000 -27,752,000 -37,133,000 -31,460,000  -104,458,000 -62,624,000 -249,051,000           
      net payments on notes payable from unconsolidated affiliates
    		0 0 -28,514,000                   
      proceeds from consolidated cfe
    		-33,505,000 62,994,000 26,529,000 41,620,000                  
      stock issuance
    		22,078,000 8,418,000 8,087,000 7,315,000 21,225,000 6,660,000 5,403,000 5,403,000 7,226,000 6,127,000 6,122,000 6,444,000 6,426,000 13,315,000 11,575,000 13,203,000 11,187,000     
      taxes withheld on team members' restricted share award vesting
    		-51,763,000 -5,470,000 -28,596,000  -36,320,000 -4,334,000 -16,562,000               
      distributions to other unit holders
    		535,000 -231,320,000 -5,397,000    -1,944,000               
      net cash from financing activities
    		797,661,000 5,663,900,000 861,008,000 -1,765,272,000 1,482,854,000 827,482,000 2,733,501,000 -1,370,967,000 -351,628,000 -336,611,000 1,435,648,000 -1,517,861,000 -3,084,647,000 594,250,000 -8,815,528,000 -3,402,869,000 -963,408,000 2,793,290,000 -5,348,480,000 -3,708,301,000 3,358,038,000 
      effects of exchange rate changes on cash and cash equivalents
    		-507,000 785,000 13,000 -1,525,000 -358,000 205,000 314,000 -203,000 163,000 -158,000 7,000 132,000 -990,000 -680,000 589,000 79,000 -995,000 494,000 307,000 1,515,000 410,000 
      net increase in cash and cash equivalents and restricted cash
    		743,818,000 3,684,712,000 139,289,000 40,724,000 -88,661,000 443,873,000 -243,447,000 144,910,000 74,135,000 -39,903,000 168,591,000 -102,545,000   176,091,000 -168,048,000 327,194,000 -888,102,000 886,450,000 -1,516,385,000 1,724,487,000 
      cash and cash equivalents and restricted cash, beginning of period
    		0 0 1,289,321,000 0 0 0 1,136,832,000 0 0 0 789,099,000 0 0 0 2,211,597,000 0 0 0 2,054,103,000 0 43,599,000 
      cash and cash equivalents and restricted cash, end of period
    		743,818,000 3,684,712,000 1,428,610,000 40,724,000 -88,661,000 443,873,000 893,385,000 144,910,000 74,135,000 -39,903,000 957,690,000 -102,545,000 -92,440,000 -1,403,604,000 2,387,688,000 -168,048,000 327,194,000 -888,102,000 2,940,553,000 -1,516,385,000 1,768,086,000 
      non-cash activities
    		                     
      loans transferred to other real estate owned
    		210,000 1,408,000 2,080,000 430,000 1,132,000 666,000 1,248,000 346,000 542,000 743,000 726,000 237,000 431,000 209,000 435,000 265,000 146,000 299,000 578,000 524,000 272,000 
      issuance of common stock as consideration for acquisition
    		                     
      share-based compensation as consideration for acquisition
    		                     
      supplemental disclosures
    		                     
      cash paid for interest on related party borrowings
    		0 0 278,000 434,000 433,000 429,000 429,000 -6,131,000 2,795,000 2,737,000 2,452,000 2,347,000 1,638,000 1,192,000 1,231,000 3,837,000 1,203,000 667,000 1,460,000 1,360,000 1,312,000 
      benefit from deferred income taxes
    		   23,752,000 -13,237,000 14,930,000 3,907,000     406,000 1,310,000 32,672,000 1,786,000 -6,498,000 2,496,000 13,864,000 38,457,000   
      proceeds from sale of loans held for sale
    		      17,168,741,000 19,282,157,000 22,559,828,000 22,395,832,000 15,994,526,000 21,356,828,000 29,009,292,000 34,424,471,000 63,189,908,000 82,881,865,000 89,064,296,000 81,772,464,000 110,280,681,000 110,096,120,000 86,564,414,000 
      change in assets and liabilities:
    		                     
      proceeds from sale of msrs
    		      56,707,000 114,003,000 221,893,000 594,462,000 81,539,000 197,946,000 0 220,025,000 253,946,000 267,556,000 572,503,000 83,194,000 10,204,000 241,532,000 134,260,000 
      purchases of investment securities, available for sale
    		       0 0 0 -5,472,000           
      sales of investment securities, available for sale
    		       0 0 0 6,479,000           
      net decrease in investment securities, held to maturity
    		                     
      net borrowings (payments) on funding facilities
    		        -218,833,000 -346,798,000 1,687,335,000           
      net payments on lines of credit
    		            0 0 -75,000,000       
      net (payments) borrowings on notes payable from unconsolidated affiliates
    		     0 -5,000               
      share repurchase
    		           -11,700,000 -20,558,000 -45,280,000 -100,162,000 -187,699,000 -35,572,000     
      taxes withheld on employees' restricted share award vesting
    		       -17,850,000 -19,447,000 -3,260,000 -6,994,000 -12,209,000 -27,400,000 -2,842,000 -1,297,000 -138,000      
      increase in controlling interest in subsidiaries
    		                     
      (distributions to) contributions from other unit holders (members) and class a shareholders
    		                     
      cash paid for interest
    		                     
      cash paid (received) for income taxes
    		                     
      gain on sale of loans excluding fair value of originated msrs
    		    -506,688,000                 
      net borrowings on notes payable from unconsolidated affiliates
    		       -352,000 183,000 179,000 174,000  184,000 899,000 174,000       
      loss on extinguishment of senior notes
    		                     
      origination of mortgage servicing rights
    		       -242,305,000 -330,627,000 -314,840,000 -204,560,000 -288,281,000 -426,278,000 -459,472,000 -796,616,000 -926,842,000 -907,242,000 -857,111,000 -1,173,164,000 -1,082,760,000 -836,557,000 
      decrease (increase) in mortgage loans held for investment
    		           -2,262,000 860,000 6,829,000 7,107,000     -2,230,000 1,073,000 
      net decrease (increase) in investment securities, held to maturity
    		                     
      cash paid on acquisition of business
    		                     
      net payments on funding facilities
    		            -2,737,784,000 1,177,547,000 -6,281,985,000    -3,289,901,000   
      repayments on senior notes
    		                     
      net (payments) borrowings on early buy out facility
    		           -141,576,000 -339,444,000 -544,265,000 -198,617,000       
      proceeds from msrs financing liability
    		               0 0 9,931,000 11,704,000 176,500,000 0 
      contributions (distributions) to other unit holders (members) and class a shareholders
    		                     
      cash (received) paid for income taxes
    		                     
      contributions
    		                     
      premium recapture and indemnification losses paid
    		         -51,842,000 -50,318,000 -16,668,000 -9,322,000 -376,000 -515,000 -518,000 -208,000 -419,000 1,399,000 -943,000 -2,329,000 
      contributions from (distributions to) other unit holders (members) of holdings
    		                     
      distributions to other unit holders (members) of holdings
    		          -1,938,000  33,929,000 -5,124,000 -2,170,216,000  -398,785,000 -1,207,902,000 -2,375,904,000   
      net decrease in notes receivable from affiliates
    		                     
      net decrease (increase) in investment securities
    		                     
      net (payments) borrowings on funding facilities
    		               -3,871,439,000 -598,199,000     
      net (payments) borrowings on lines of credit
    		               0      
      net borrowings (payments) notes payable from unconsolidated affiliates
    		               184,000      
      issuance of class d shares to rhi
    		                   0  
      proceeds from class a shares issued prior to offering
    		                   0  
      proceeds received from ipo, net of cost
    		                   0  
      proceeds received from greenshoe option
    		                   0  
      use of proceeds to purchase class d shares and holding units from rhi
    		                   0  
      distributions to other unit holders (members) and class a shareholders
    		                     
      net transfers to parent
    		                   0 -2,207,871,000 
      cash paid for income taxes
    		                     
      net decrease in cash and cash equivalents and restricted cash
    		                     
      increase in mortgage loans held for investment
    		               4,180,000 5,307,000 -18,225,000 -12,462,000   
      net increase in investment securities
    		                   0 0 
      net borrowings on early buy out facility
    		               -322,535,000 70,360,000 1,513,247,000 305,446,000 116,927,000 -28,412,000 
      net transfer to parent
    		                     
      net borrowings notes payable from unconsolidated affiliates
    		                 178,000 175,000   
      net borrowings on lines of credit
    		                     
      change in non-controlling interest
    		                     
      stock-based compensation expense
    		                   42,622,000 33,253,000 
      net decrease (increase) in notes receivable from affiliates
    		                   0 0 
      net borrowings (payments) on lines of credit
    		                     
      net (payments) borrowings notes payable from unconsolidated affiliates
    		                   183,000  
      deferred tax asset
    		                     
      net borrowings on senior notes
    		                     
      cash distributions to holding company
    		                     
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.