Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Cash Flows From Operating Activities | | | | | | | | |
| Net income | | 805.6 | -1,357.7 | 605.9 | 1,004.5 | 1,014.7 | 582.7 | 281.9 |
| |
| Adjustments to reconcile net income to net cash from (used in) operating activities: | | | | | | | | |
| Change in fair value of investments, net | | | | | | | | -0.9 |
| Change in fair value of secured notes and bonds payable | | -13.0 | 1.0 | 1.2 | 0.7 | | | |
| (Gain) loss on settlement of investments, net | | 233.1 | 863.9 | -236.5 | -96.7 | | | |
| Accretion and other amortization | | -49.4 | -151.5 | -379.1 | -702.0 | -1,031.4 | -747.9 | -525.3 |
| Provision (reversal) for credit losses on securities, loans and real estate owned | | -42.5 | 110.2 | 10.4 | 60.6 | 75.8 | 77.7 | 18.6 |
| Non-cash portions of servicing revenue, net | | 575.4 | 2,168.9 | 902.0 | 191.2 | 67.7 | -88.3 | |
| Deferred tax provision | | 151.2 | 15.0 | 38.2 | -80.1 | 168.5 | 34.8 | -6.6 |
| Sales proceeds and loan repayment proceeds for residential mortgage loans, held-for-sale | | 132,221.0 | 64,968.8 | 24,968.8 | 6,546.6 | | | 1,226.4 |
| Changes in: | | | | | | | | |
| Servicer advances receivable, net | | 226.2 | 336.6 | 218.2 | 381.4 | | | |
| Other assets | | 939.9 | 99.5 | -339.7 | -204.2 | -32.2 | 229.9 | 216.8 |
| Due to affiliate | | 8.4 | -94.4 | 2.4 | 12.5 | 41.6 | 23.6 | -33.6 |
| Accrued expenses and other liabilities | | -349.7 | -86.5 | 182.2 | 186.3 | 26.1 | 3.2 | -42.5 |
| Net cash provided by (used in) operating activities | | 2,883.9 | 1,873.7 | -1,598.3 | -1,229.1 | -899.7 | 560.8 | 306.5 |
| |
| Cash Flows From Investing Activities | | | | | | | | |
| Purchase of servicer advance investments | | -1,286.5 | -1,294.8 | -1,622.8 | -2,306.0 | -12,168.5 | -15,266.8 | -14,945.9 |
| Draws on revolving consumer loans | | -29.0 | -33.0 | -54.4 | -64.0 | -56.3 | -49.3 | |
| Principal repayments from servicer advance investments | | 1,382.3 | 1,338.1 | 1,786.4 | 2,421.3 | 13,820.0 | 17,158.4 | 16,008.7 |
| Net cash provided by (used in) investing activities | | 2,306.3 | 8,627.7 | -10,972.8 | -5,171.1 | -1,777.6 | -182.6 | 192.6 |
| |
| Cash Flows From Financing Activities | | | | | | | | |
| Repayments of secured notes and bonds payable | | -8,078.1 | -9,452.9 | -9,307.0 | -9,892.7 | -8,971.5 | -10,843.7 | -7,286.9 |
| Net cash provided by (used in) financing activities | | -4,742.2 | -10,111.8 | 12,846.9 | 6,369.2 | 2,669.7 | -269.2 | 28.9 |
| |
| Supplemental Disclosure of Cash Flow Information | | | | | | | | |
| Cash paid during the period for interest | | 506.0 | 512.1 | 902.5 | 564.7 | 442.3 | 350.0 | 244.2 |
| |
| Supplemental Schedule of Non-Cash Investing and Financing Activities | | | | | | | | |
| |
| Residential mortgage loans subject to repurchase | | | | | | | | |
|