General and Administrative Expenses (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | 12 Months Ended | |
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Mar. 31, 2021 |
Dec. 31, 2021 |
Dec. 31, 2022 |
Dec. 31, 2020 |
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Other Income and Expenses [Abstract] | ||||
Title and closing | $ 25,061 | $ 86,627 | $ 84,833 | $ 64,252 |
Loan origination expenses | 20,503 | 52,741 | 71,093 | 60,980 |
Depreciation and amortization | 3,484 | 50,005 | 64,991 | 13,871 |
Communications and data processing | 11,324 | 40,626 | 56,676 | 34,254 |
Loan portfolio expenses | 15,200 | 46,838 | 53,232 | 43,599 |
Business development | 10,607 | 30,833 | 34,175 | 37,456 |
Securitization expenses | 6,944 | 32,787 | 23,943 | 31,216 |
Licensing and insurance | 2,487 | 9,563 | 11,604 | 6,321 |
Other expenses | 31,577 | 42,242 | 56,354 | 103,922 |
Total general and administrative expenses | $ 127,187 | $ 392,262 | $ 456,901 | $ 395,871 |
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- Definition Depreciation and Amortization1 No definition available.
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- Definition Licensing And Insurance Expense No definition available.
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- Definition Securitization Expense No definition available.
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- Definition Title And Closing Costs No definition available.
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- Definition Business development involves the development of products and services, their delivery, design and their implementation. Business development includes a number of techniques designed to grow an economic enterprise. Such techniques include, but are not limited to, assessments of marketing opportunities and target markets, intelligence gathering on customers and competitors, generating leads for possible sales, follow-up sales activity, formal proposal writing and business model design. Business development involves evaluating a business and then realizing its full potential, using such tools as marketing, sales, information management and customer service. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense in the period for communications and data processing expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The loan servicing fees paid to third parties that relate to loan expenses for a portfolio containing the entire group of loans owned by the company. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Expenses paid for obtaining loans which includes expenses such as application and origination fees. No definition available.
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- Definition Amount of expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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