General and Administrative Expenses |
28. General and Administrative Expenses
General and administrative expenses consisted of the following (in thousands):
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For the year ended December 31, 2022 |
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For the nine months ended December 31, 2021 |
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For the three months ended March 31, 2021 |
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For the year ended December 31, 2020 |
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Successor |
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Predecessor |
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Title and closing |
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$ |
84,833
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$ |
86,627 |
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$ |
25,061 |
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$ |
64,252 |
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Loan origination expenses |
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71,093
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52,741 |
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20,503 |
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60,980 |
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Depreciation and amortization |
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64,991
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50,005 |
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3,484 |
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13,871 |
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Communications and data processing |
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56,676
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40,626 |
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11,324 |
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34,254 |
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Loan portfolio expenses |
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53,232
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46,838 |
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15,200 |
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43,599 |
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Business development |
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34,175
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30,833 |
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10,607 |
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37,456 |
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Securitization expenses |
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23,943
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32,787 |
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6,944 |
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31,216 |
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Licensing and insurance |
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11,604
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9,563 |
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2,487 |
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6,321 |
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Other expenses |
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56,354
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42,242 |
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31,577 |
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103,922 |
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Total general and administrative expenses |
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$ |
456,901
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$ |
392,262 |
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$ |
127,187 |
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$ |
395,871 |
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