Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.21.2
Goodwill (Tables)
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of goodwill
Goodwill consisted of the following (in thousands):
 
    
April 1, 2021
to
June 30, 2021
          
January 1, 2021
to

March 31, 2021
     
For the three
months ended
June 30, 2020
     
For the six
months ended
June 30, 2020
  
    
Successor
          
Predecessor
  
Beginning balance
   
$
—
    
 
    $ 121,233      $ 121,137      $ 121,137  
Additions from acquisitions
   
 
1,298,324
    
 
      7,517        617        617  
    
 
 
         
 
 
     
 
 
     
 
 
  
Ending balance
   
$
1,298,324
          $ 128,750      $ 121,754      $ 121,754  
    
 
 
         
 
 
     
 
 
     
 
 
  
Summary of goodwill allocated to each reporting unit consisted
The amount of goodwill allocated to each reporting unit consisted of the following (in thousands):
 
    
June 30, 2021
          
December 31, 2020
  
    
Successor
          
Predecessor
  
Reporting units:
           
 
         
Mortgage Originations
   
$
711,306
    
 
    $ 44,429  
Reverse Originations
   
 
404,441
    
 
      —    
Commercial Originations
   
 
75,350
    
 
      43,113  
Lender Services
   
 
100,128
    
 
      25,247  
Portfolio Management
   
 
7,099
    
 
      8,444  
    
 
 
         
 
 
  
Total goodwill
   
$
1,298,324
          $ 121,233