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10-K Filing

PennyMac Financial Services, Inc. CIK: 1745916 FY 2021
Filing Information
Form Type 10-K
Accession Number 0001558370-22-001740
Period End Date 20211231
Filing Date 20220223
Fiscal Year 2021
Fiscal Period FY
XBRL Instance pfsi-20211231x10k_htm.xml
Filing Contents
Balance Sheet 71 line items
Line Item Tag Value Unit Period
Mortgage loans held for sale, pledged to creditors PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $9.14B USD Point-in-time
Mortgage loans held for sale, pledged to creditors PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $11.46B USD Point-in-time
Servicing advances, net, valuation allowance ServicingAdvancesNetValuationAllowance $181.43M USD Point-in-time
Servicing advances, net, valuation allowance ServicingAdvancesNetValuationAllowance $120.94M USD Point-in-time
Servicing advances pledged to creditors ServicingAdvancesPledgedToCreditors $232.11M USD Point-in-time
Servicing advances pledged to creditors ServicingAdvancesPledgedToCreditors $413.48M USD Point-in-time
Mortgage servicing rights pledged to creditors MortgageServicingRightsPledgedToCreditors $3.86B USD Point-in-time
Mortgage servicing rights pledged to creditors MortgageServicingRightsPledgedToCreditors $2.58B USD Point-in-time
Cash Cash $188.29M USD Point-in-time
Cash Cash $532.72M USD Point-in-time
Other assets pledged to creditors OtherAssetsPledgedToSecureNotePayable $45.29M USD Point-in-time
Cash Cash $340.07M USD Point-in-time
Other assets pledged to creditors OtherAssetsPledgedToSecureNotePayable $166.42M USD Point-in-time
Short-term investment at fair value ShortTermInvestments $6.87M USD Point-in-time
Short-term investment at fair value ShortTermInvestments $15.22M USD Point-in-time
Loans held for sale at fair value (includes $9,135,577 and $11,457,678 pledged to creditors) MortgagesHeldForSaleFairValueDisclosure $9.74B USD Point-in-time
Loans held for sale at fair value (includes $9,135,577 and $11,457,678 pledged to creditors) MortgagesHeldForSaleFairValueDisclosure $11.62B USD Point-in-time
Derivative assets DerivativeAssets $333.69M USD Point-in-time
Derivative assets DerivativeAssets $711.24M USD Point-in-time
Servicing advances, net (includes valuation allowance of $120,940 and $181,433; $232,107 and $413,484 pledged to creditors) ServicingAdvances $702.16M USD Point-in-time
Servicing advances, net (includes valuation allowance of $120,940 and $181,433; $232,107 and $413,484 pledged to creditors) ServicingAdvances $579.53M USD Point-in-time
Mortgage servicing rights at fair value (includes $3,856,791 and $2,577,964 pledged to creditors) ServicingAsset $2.58B USD Point-in-time
Mortgage servicing rights at fair value (includes $3,856,791 and $2,577,964 pledged to creditors) ServicingAsset $3.88B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $74.93M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $89.04M USD Point-in-time
Loans eligible for repurchase LoansEligibleForRepurchases $3.03B USD Point-in-time
Loans eligible for repurchase LoansEligibleForRepurchases $14.63B USD Point-in-time
Other (includes $45,294 and $166,418 pledged to creditors) OtherAssets $692.17M USD Point-in-time
Other (includes $45,294 and $166,418 pledged to creditors) OtherAssets $616.62M USD Point-in-time
Total assets Assets $18.78B USD Point-in-time
Total assets Assets $31.60B USD Point-in-time
Assets sold under agreements to repurchase AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability $9.65B USD Point-in-time
Assets sold under agreements to repurchase AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability $7.29B USD Point-in-time
Mortgage loans participation purchase and sale agreements MortgageLoanParticipationAndSaleAgreement $479.85M USD Point-in-time
Mortgage loans participation purchase and sale agreements MortgageLoanParticipationAndSaleAgreement $521.48M USD Point-in-time
Obligations under capital lease CapitalLeasesObligations $11.86M USD Point-in-time
Obligations under capital lease CapitalLeasesObligations $3.49M USD Point-in-time
Notes payable secured by mortgage servicing assets NotesPayable $1.30B USD Point-in-time
Notes payable secured by mortgage servicing assets NotesPayable $1.30B USD Point-in-time
Unsecured senior notes UnsecuredSeniorNotes $645.82M USD Point-in-time
Unsecured senior notes UnsecuredSeniorNotes $1.78B USD Point-in-time
Derivative liabilities DerivativeLiabilities $22.61M USD Point-in-time
Derivative liabilities DerivativeLiabilities $42.64M USD Point-in-time
Mortgage servicing liabilities at fair value ServicingLiability $45.32M USD Point-in-time
Mortgage servicing liabilities at fair value ServicingLiability $2.82M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $308.40M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $359.41M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $110.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $94.19M USD Point-in-time
Income taxes payable AccruedIncomeTaxes $622.70M USD Point-in-time
Income taxes payable AccruedIncomeTaxes $685.26M USD Point-in-time
Liability for loans eligible for repurchase LiabilityForLoansEligibleForRepurchase $14.63B USD Point-in-time
Liability for loans eligible for repurchase LiabilityForLoansEligibleForRepurchase $3.03B USD Point-in-time
Liability for losses under representations and warranties RepresentationsAndWarrantiesLiability $43.52M USD Point-in-time
Liability for losses under representations and warranties RepresentationsAndWarrantiesLiability $21.45M USD Point-in-time
Liability for losses under representations and warranties RepresentationsAndWarrantiesLiability $32.69M USD Point-in-time
Liability for losses under representations and warranties RepresentationsAndWarrantiesLiability $21.16M USD Point-in-time
Total liabilities Liabilities $28.21B USD Point-in-time
Total liabilities Liabilities $15.36B USD Point-in-time
Commitments and contingencies - Note 16 CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies - Note 16 CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $125.40M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.05B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.34B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.29B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.06B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $31.60B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $18.78B USD Point-in-time
Income Statement 110 line items
Line Item Tag Value Unit Period
Net gains on loans held for sale to non-affiliates GainLossOnSalesOfLoansFromNonAffiliates $542.16M USD Annual
Net gains on loans held for sale to non-affiliates GainLossOnSalesOfLoansFromNonAffiliates $2.52B USD Annual
Net gains on loans held for sale to non-affiliates GainLossOnSalesOfLoansFromNonAffiliates $2.69B USD Annual
Net gains on loans held for sale at fair value GainLossOnSalesOfLoansNet $725.53M USD Annual
Net gains on loans held for sale at fair value GainLossOnSalesOfLoansNet $2.74B USD Annual
Net gains on loans held for sale at fair value GainLossOnSalesOfLoansNet $2.46B USD Annual
Loan origination fees from non-affiliates LoanOriginationsFeesFromNonAffiliates $358.03M USD Annual
Loan origination fees from non-affiliates LoanOriginationsFeesFromNonAffiliates $262.14M USD Annual
Loan origination fees from non-affiliates LoanOriginationsFeesFromNonAffiliates $159.46M USD Annual
Loan origination fees LoanOriginationsFees $384.15M USD Annual
Loan origination fees LoanOriginationsFees $174.16M USD Annual
Loan origination fees LoanOriginationsFees $285.55M USD Annual
From non-affiliates ContractuallySpecifiedServicingFeesAmount $730.16M USD Annual
From non-affiliates ContractuallySpecifiedServicingFeesAmount $875.57M USD Annual
From non-affiliates ContractuallySpecifiedServicingFeesAmount $814.65M USD Annual
Other AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount $116.46M USD Annual
Other AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount $98.56M USD Annual
Other AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount $118.88M USD Annual
Loan servicing fees ServicingFee $998.29M USD Annual
Loan servicing fees ServicingFee $877.53M USD Annual
Loan servicing fees ServicingFee $1.08B USD Annual
Change in fair value of mortgage servicing rights and mortgage servicing liabilities ServicingAssetAtFairValuePeriodIncreaseDecrease $1.50B USD Annual
Change in fair value of mortgage servicing rights and mortgage servicing liabilities ServicingAssetAtFairValuePeriodIncreaseDecrease $988.61M USD Annual
Change in fair value of mortgage servicing rights and mortgage servicing liabilities ServicingAssetAtFairValuePeriodIncreaseDecrease $415.91M USD Annual
Mortgage servicing rights hedging results DerivativeGainLossOnDerivativeNet $918.18M USD Annual
Mortgage servicing rights hedging results DerivativeGainLossOnDerivativeNet $-475.21M USD Annual
Mortgage servicing rights hedging results DerivativeGainLossOnDerivativeNet $395.50M USD Annual
Change in fair value of excess servicing spread payable to PennyMac Mortgage Investment Trust MortgageServicingRightsMSRAmortizationImpairmentFairValueChange $892.16M USD Annual
Change in fair value of excess servicing spread payable to PennyMac Mortgage Investment Trust MortgageServicingRightsMSRAmortizationImpairmentFairValueChange $583.86M USD Annual
Change in fair value of excess servicing spread payable to PennyMac Mortgage Investment Trust MortgageServicingRightsMSRAmortizationImpairmentFairValueChange $558.84M USD Annual
Net loan servicing fees ServicingFeeNet $182.95M USD Annual
Net loan servicing fees ServicingFeeNet $439.45M USD Annual
Net loan servicing fees ServicingFeeNet $293.67M USD Annual
From non-affiliates InterestIncomeOperatingFromNonAffiliates $299.78M USD Annual
From non-affiliates InterestIncomeOperatingFromNonAffiliates $243.70M USD Annual
From non-affiliates InterestIncomeOperatingFromNonAffiliates $282.40M USD Annual
Interest income InterestIncomeOperating $300.17M USD Annual
Interest income InterestIncomeOperating $288.70M USD Annual
Interest income InterestIncomeOperating $247.03M USD Annual
To non-affiliates InterestExpenseFromNonAffiliates $201.69M USD Annual
To non-affiliates InterestExpenseFromNonAffiliates $263.13M USD Annual
To non-affiliates InterestExpenseFromNonAffiliates $389.42M USD Annual
Interest expense InterestExpense $211.98M USD Annual
Interest expense InterestExpense $271.55M USD Annual
Interest expense InterestExpense $390.70M USD Annual
Net interest (expense) income InterestIncomeExpenseNet $76.72M USD Annual
Net interest (expense) income InterestIncomeExpenseNet $-24.52M USD Annual
Net interest (expense) income InterestIncomeExpenseNet $-90.53M USD Annual
Management fees ManagementFeeRevenue $34.54M USD Annual
Management fees ManagementFeeRevenue $36.49M USD Annual
Management fees ManagementFeeRevenue $37.80M USD Annual
Result of real estate acquired in settlement of loans GainsLossesOnSalesOfOtherRealEstate $557.00K USD Annual
Result of real estate acquired in settlement of loans GainsLossesOnSalesOfOtherRealEstate $1.99M USD Annual
Result of real estate acquired in settlement of loans GainsLossesOnSalesOfOtherRealEstate $1.04M USD Annual
Repricing of payable to exchanged Private National Mortgage Acceptance Company , LLC unitholders under tax receivable agreement RevaluationOfPayableToExchangedUnderTaxReceivableAgreement $379.00K USD Annual
Repricing of payable to exchanged Private National Mortgage Acceptance Company , LLC unitholders under tax receivable agreement RevaluationOfPayableToExchangedUnderTaxReceivableAgreement $280.00K USD Annual
Other RevenueFromContractWithCustomerExcludingAssessedTax $6.74M USD Annual
Other RevenueFromContractWithCustomerExcludingAssessedTax $8.88M USD Annual
Other RevenueFromContractWithCustomerExcludingAssessedTax $7.33M USD Annual
Total net revenue RevenuesNetOfInterestExpense $3.71B USD Annual
Total net revenue RevenuesNetOfInterestExpense $1.48B USD Annual
Total net revenue RevenuesNetOfInterestExpense $3.17B USD Annual
Compensation LaborAndRelatedExpense $999.80M USD Annual
Compensation LaborAndRelatedExpense $503.46M USD Annual
Compensation LaborAndRelatedExpense $738.57M USD Annual
Loan origination LoanProcessingFee $117.34M USD Annual
Loan origination LoanProcessingFee $330.79M USD Annual
Loan origination LoanProcessingFee $219.75M USD Annual
Technology CommunicationsAndInformationTechnology $67.95M USD Annual
Technology CommunicationsAndInformationTechnology $141.43M USD Annual
Technology CommunicationsAndInformationTechnology $112.57M USD Annual
Servicing MortgageLoanCollectionAndLiquidationExpenses $109.83M USD Annual
Servicing MortgageLoanCollectionAndLiquidationExpenses $164.70M USD Annual
Servicing MortgageLoanCollectionAndLiquidationExpenses $256.93M USD Annual
Professional services ProfessionalFees $64.06M USD Annual
Professional services ProfessionalFees $32.86M USD Annual
Professional services ProfessionalFees $94.28M USD Annual
Marketing and advertising MarketingExpense $8.66M USD Annual
Marketing and advertising MarketingExpense $5.17M USD Annual
Marketing and advertising MarketingExpense $44.81M USD Annual
Occupancy and equipment OccupancyAndEquipment $35.81M USD Annual
Occupancy and equipment OccupancyAndEquipment $33.36M USD Annual
Occupancy and equipment OccupancyAndEquipment $28.92M USD Annual
Other OtherExpenses $27.58M USD Annual
Other OtherExpenses $51.43M USD Annual
Other OtherExpenses $31.09M USD Annual
Total expenses OperatingExpenses $947.96M USD Annual
Total expenses OperatingExpenses $1.81B USD Annual
Total expenses OperatingExpenses $1.46B USD Annual
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.24B USD Annual
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $529.44M USD Annual
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.36B USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $593.73M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $355.69M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $136.48M USD Annual
Net income attributable to PennyMac Financial Services, Inc. common stockholders NetIncomeLoss $1.00B USD Annual
Net income attributable to PennyMac Financial Services, Inc. common stockholders NetIncomeLoss $392.96M USD Annual
Net income attributable to PennyMac Financial Services, Inc. common stockholders NetIncomeLoss $1.65B USD Annual
Basic (in dollars per share) EarningsPerShareBasic $5.02 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $21.91 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $15.73 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $4.89 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $14.87 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $20.92 USD Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 63.80M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 78.21M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 75.16M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 78.73M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 80.34M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 67.47M shares Annual
Cash Flow Statement 146 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $1.00B USD Annual
Net income ProfitLoss $392.96M USD Annual
Net income ProfitLoss $1.65B USD Annual
Net gains on loans held for sale at fair value GainLossOnSalesOfLoansNet $725.53M USD Annual
Net gains on loans held for sale at fair value GainLossOnSalesOfLoansNet $2.74B USD Annual
Net gains on loans held for sale at fair value GainLossOnSalesOfLoansNet $2.46B USD Annual
Change in fair value of mortgage servicing rights, mortgage servicing liabilities and excess servicing spread MortgageServicingRightsMSRAmortizationImpairmentFairValueChangeFromNonAffiliates $416.94M USD Annual
Change in fair value of mortgage servicing rights, mortgage servicing liabilities and excess servicing spread MortgageServicingRightsMSRAmortizationImpairmentFairValueChangeFromNonAffiliates $1.48B USD Annual
Change in fair value of mortgage servicing rights, mortgage servicing liabilities and excess servicing spread MortgageServicingRightsMSRAmortizationImpairmentFairValueChangeFromNonAffiliates $979.36M USD Annual
Mortgage servicing rights hedging gains DerivativeGainLossOnDerivativeNet $918.18M USD Annual
Mortgage servicing rights hedging gains DerivativeGainLossOnDerivativeNet $-475.21M USD Annual
Mortgage servicing rights hedging gains DerivativeGainLossOnDerivativeNet $395.50M USD Annual
Capitalization of interest and advance on loans held for sale CapitalizationOfInterestOnMortgageLoansHeldForSaleAtFairValue $73.61M USD Annual
Capitalization of interest and advance on loans held for sale CapitalizationOfInterestOnMortgageLoansHeldForSaleAtFairValue $19.24M USD Annual
Capitalization of interest and advance on loans held for sale CapitalizationOfInterestOnMortgageLoansHeldForSaleAtFairValue $119.74M USD Annual
Amortization of debt issuance cost (premiums), net AmortizationOfFinancingCostsAndDiscounts $-4.10M USD Annual
Amortization of debt issuance cost (premiums), net AmortizationOfFinancingCostsAndDiscounts $19.05M USD Annual
Amortization of debt issuance cost (premiums), net AmortizationOfFinancingCostsAndDiscounts $24.32M USD Annual
Results of real estate acquired in settlement of loans GainsLossesOnSalesOfOtherRealEstate $557.00K USD Annual
Results of real estate acquired in settlement of loans GainsLossesOnSalesOfOtherRealEstate $1.99M USD Annual
Results of real estate acquired in settlement of loans GainsLossesOnSalesOfOtherRealEstate $1.04M USD Annual
Repricing of payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement RevaluationOfPayable $280.00K USD Annual
Repricing of payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement RevaluationOfPayable $379.00K USD Annual
Stock based compensation expense ShareBasedCompensation $24.77M USD Annual
Stock based compensation expense ShareBasedCompensation $37.79M USD Annual
Stock based compensation expense ShareBasedCompensation $45.10M USD Annual
(Reversal of) provision for servicing advance losses ProvisionForServicingAdvanceLosses $125.90M USD Annual
(Reversal of) provision for servicing advance losses ProvisionForServicingAdvanceLosses $-47.88M USD Annual
(Reversal of) provision for servicing advance losses ProvisionForServicingAdvanceLosses $36.15M USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 $728.00K USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 - USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 $13.14M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $25.57M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $15.02M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $28.64M USD Annual
Amortization of right-to-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $14.29M USD Annual
Amortization of right-to-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $10.16M USD Annual
Amortization of right-to-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $12.28M USD Annual
Origination of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $31.78B USD Annual
Origination of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $11.83B USD Annual
Origination of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $54.86B USD Annual
Purchase of loans held for sale from non-affiliates PaymentsToPurchaseLoansHeldForSale $1.73B USD Annual
Purchase of loans held for sale from non-affiliates PaymentsToPurchaseLoansHeldForSale $4.90B USD Annual
Purchase of loans held for sale from non-affiliates PaymentsToPurchaseLoansHeldForSale $3.80B USD Annual
Purchase of loans from Ginnie Mae securities and early buyout investors PaymentsForPurchaseOfModifiedMortgageLoansHeldForSaleFromAgencies $6.27B USD Annual
Purchase of loans from Ginnie Mae securities and early buyout investors PaymentsForPurchaseOfModifiedMortgageLoansHeldForSaleFromAgencies $23.64B USD Annual
Purchase of loans from Ginnie Mae securities and early buyout investors PaymentsForPurchaseOfModifiedMortgageLoansHeldForSaleFromAgencies $11.16B USD Annual
Sale to non-affiliates and principal payments of loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $102.84B USD Annual
Sale to non-affiliates and principal payments of loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $61.21B USD Annual
Sale to non-affiliates and principal payments of loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $154.45B USD Annual
Repurchase of loans subject to representations and warranties PaymentForRepurchaseOfLoansSubjectToRepresentationsAndWarranties $99.51M USD Annual
Repurchase of loans subject to representations and warranties PaymentForRepurchaseOfLoansSubjectToRepresentationsAndWarranties $58.38M USD Annual
Repurchase of loans subject to representations and warranties PaymentForRepurchaseOfLoansSubjectToRepresentationsAndWarranties $18.66M USD Annual
Settlement of repurchase agreement derivatives SettlementOfRepurchaseAgreementDerivatives $31.99M USD Annual
Settlement of repurchase agreement derivatives SettlementOfRepurchaseAgreementDerivatives $8.27M USD Annual
Increase in servicing advances IncreaseDecreaseInServicingAdvances $98.12M USD Annual
Increase in servicing advances IncreaseDecreaseInServicingAdvances $391.44M USD Annual
Increase in servicing advances IncreaseDecreaseInServicingAdvances $232.57M USD Annual
Sale of real estate acquired in settlement of loans ProceedsFromSaleOfRealEstate $32.55M USD Annual
Sale of real estate acquired in settlement of loans ProceedsFromSaleOfRealEstate $14.55M USD Annual
Sale of real estate acquired in settlement of loans ProceedsFromSaleOfRealEstate $28.90M USD Annual
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $334.05M USD Annual
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $-61.87M USD Annual
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $62.55M USD Annual
Increase in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $38.55M USD Annual
Increase in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $34.67M USD Annual
Increase in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $135.31M USD Annual
Decrease in operating lease liabilities DecreaseInOperatingLeaseLiabilities $16.31M USD Annual
Decrease in operating lease liabilities DecreaseInOperatingLeaseLiabilities $12.68M USD Annual
Decrease in operating lease liabilities DecreaseInOperatingLeaseLiabilities $13.42M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $2.56B USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-6.20B USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-2.25B USD Annual
Decrease in short-term investments PaymentsForProceedsFromShortTermInvestments $-8.34M USD Annual
Decrease in short-term investments PaymentsForProceedsFromShortTermInvestments $-59.39M USD Annual
Decrease in short-term investments PaymentsForProceedsFromShortTermInvestments $-43.21M USD Annual
Net settlement of derivative financial instruments used for hedging of mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $-366.14M USD Annual
Net settlement of derivative financial instruments used for hedging of mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $-913.06M USD Annual
Net settlement of derivative financial instruments used for hedging of mortgage servicing rights PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $434.40M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $25.47M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $227.44M USD Annual
Purchase of furniture, fixtures, equipment and leasehold improvements PaymentsToAcquirePropertyPlantAndEquipment $10.67M USD Annual
Purchase of furniture, fixtures, equipment and leasehold improvements PaymentsToAcquirePropertyPlantAndEquipment $6.12M USD Annual
Purchase of furniture, fixtures, equipment and leasehold improvements PaymentsToAcquirePropertyPlantAndEquipment $7.90M USD Annual
Acquisition of capitalized software PaymentsToAcquireSoftware $48.09M USD Annual
Acquisition of capitalized software PaymentsToAcquireSoftware $48.98M USD Annual
Acquisition of capitalized software PaymentsToAcquireSoftware $29.39M USD Annual
Decrease (increase) in margin deposits IncreaseDecreaseInMarginDepositsOutstanding $131.84M USD Annual
Decrease (increase) in margin deposits IncreaseDecreaseInMarginDepositsOutstanding $21.13M USD Annual
Decrease (increase) in margin deposits IncreaseDecreaseInMarginDepositsOutstanding $-97.70M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-304.37M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $783.03M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $148.78M USD Annual
Sale of assets under agreements to repurchase SaleOfAssetsUnderAgreementsToRepurchase $136.18B USD Annual
Sale of assets under agreements to repurchase SaleOfAssetsUnderAgreementsToRepurchase $102.23B USD Annual
Sale of assets under agreements to repurchase SaleOfAssetsUnderAgreementsToRepurchase $63.80B USD Annual
Repurchase of assets sold under agreements to repurchase RepurchaseOfAssetsSoldUnderAgreementsToRepurchase $96.71B USD Annual
Repurchase of assets sold under agreements to repurchase RepurchaseOfAssetsSoldUnderAgreementsToRepurchase $61.60B USD Annual
Repurchase of assets sold under agreements to repurchase RepurchaseOfAssetsSoldUnderAgreementsToRepurchase $138.55B USD Annual
Issuance of mortgage loan participation purchase and sale certificates IssuanceOfMortgageLoanParticipationCertificates $-23.61B USD Annual
Issuance of mortgage loan participation purchase and sale certificates IssuanceOfMortgageLoanParticipationCertificates $-23.78B USD Annual
Issuance of mortgage loan participation purchase and sale certificates IssuanceOfMortgageLoanParticipationCertificates $-23.45B USD Annual
Repayment of mortgage loan participation purchase and sale certificates RepaymentOfMortgageLoanParticipationCertificates $23.83B USD Annual
Repayment of mortgage loan participation purchase and sale certificates RepaymentOfMortgageLoanParticipationCertificates $23.49B USD Annual
Repayment of mortgage loan participation purchase and sale certificates RepaymentOfMortgageLoanParticipationCertificates $23.58B USD Annual
Advances of obligations under capital lease ProceedsFromLongTermCapitalLeaseObligations $25.12M USD Annual
Repayments of obligations under capital lease FinanceLeasePrincipalPayments $8.38M USD Annual
Repayments of obligations under capital lease FinanceLeasePrincipalPayments $10.92M USD Annual
Repayments of obligations under capital lease FinanceLeasePrincipalPayments $8.95M USD Annual
Issuance of unsecured senior notes ProceedsFromIssuanceOfUnsecuredDebt $650.00M USD Annual
Issuance of unsecured senior notes ProceedsFromIssuanceOfUnsecuredDebt $1.15B USD Annual
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts $37.57M USD Annual
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts $30.11M USD Annual
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts $6.60M USD Annual
Issuance of common stock pursuant to exercise of stock options ProceedsFromStockOptionsExercised $7.54M USD Annual
Issuance of common stock pursuant to exercise of stock options ProceedsFromStockOptionsExercised $9.39M USD Annual
Issuance of common stock pursuant to exercise of stock options ProceedsFromStockOptionsExercised $5.14M USD Annual
Payment of withholding taxes relating to stock-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $4.63M USD Annual
Payment of withholding taxes relating to stock-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $5.26M USD Annual
Payment of withholding taxes relating to stock-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $8.99M USD Annual
Payment of dividend to holders of common stock PaymentsOfDividendsCommonStock $9.71M USD Annual
Payment of dividend to holders of common stock PaymentsOfDividendsCommonStock $30.95M USD Annual
Payment of dividend to holders of common stock PaymentsOfDividendsCommonStock $52.90M USD Annual
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $958.19M USD Annual
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $337.48M USD Annual
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.06M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $2.13B USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $5.76B USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-2.45B USD Annual
Net (decrease) increase in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-192.69M USD Annual
Net (decrease) increase in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $32.65M USD Annual
Net (decrease) increase in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $344.20M USD Annual
Cash and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $155.92M USD Point-in-time
Cash and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $188.58M USD Point-in-time
Cash and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $340.09M USD Point-in-time
Cash and restricted cash at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $532.78M USD Point-in-time
Cash and restricted cash at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $155.92M USD Point-in-time
Cash and restricted cash at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $188.58M USD Point-in-time
Cash and restricted cash at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $340.09M USD Point-in-time
Cash and restricted cash at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $532.78M USD Point-in-time
Cash Cash $188.29M USD Point-in-time
Cash Cash $532.72M USD Point-in-time
Cash Cash $340.07M USD Point-in-time
Restricted cash included in Other assets RestrictedCash $65.00K USD Point-in-time
Restricted cash included in Other assets RestrictedCash $287.00K USD Point-in-time
Restricted cash included in Other assets RestrictedCash $24.00K USD Point-in-time
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.06B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Net income NetIncomeLoss $1.00B USD Annual
Net income NetIncomeLoss $392.96M USD Annual
Net income NetIncomeLoss $1.65B USD Annual
Stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $36.34M USD Annual
Stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $49.23M USD Annual
Stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $25.28M USD Annual
Issuance of common stock in settlement of director fees StockIssuedDuringPeriodValueIssuedForServices $194.00K USD Annual
Issuance of common stock in settlement of director fees StockIssuedDuringPeriodValueIssuedForServices $200.00K USD Annual
Issuance of common stock in settlement of director fees StockIssuedDuringPeriodValueIssuedForServices $233.00K USD Annual
Common stock dividends DividendsCommonStock $52.90M USD Annual
Common stock dividends DividendsCommonStock $30.95M USD Annual
Common stock dividends DividendsCommonStock $9.71M USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $958.19M USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $1.06M USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $337.48M USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.06B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.39B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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