Quarterly report pursuant to Section 13 or 15(d)

Other Assets, Net (Tables)

v3.23.1
Other Assets, Net (Tables)
 3 Months Ended
Mar. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Assets, Net
Other assets, net, related to continuing operations consisted of the following (in thousands):
March 31, 2023 December 31, 2022
Government guaranteed receivables $ 82,980  $ 66,947 
Retained bonds, at fair value 47,048  46,437 
Receivables, net of allowance of $5,140 and $5,173, respectively(1)
28,612  53,008 
Right-of-use assets 27,933  27,933 
Prepaid expenses 16,788  10,522 
Loans subject to repurchase from Ginnie Mae 16,378  15,631 
Servicer advances, net of allowance of $1,831 and $2,416, respectively
 5,894  7,230 
Deposits 1,396  1,191 
Margin deposits 540  4,318 
Other 24,360  33,099 
Total other assets, net $ 251,929  $ 266,316 
(1) As of December 31, 2022, the Company had an outstanding note receivable balance of $20.0 million with AAG/Bloom, which is included in Receivables in the above table. As part of the closing of the AAG Transaction, the outstanding note receivable balance was forgiven. Refer to Note 4 - Acquisitions for additional detail.