Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.21.2
Goodwill (Tables)
 9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of goodwill
Goodwill consisted of the following (in thousands):
 
    
For the three
months ended
September 30,
2021
     
April 1, 2021 to
September 30,
2021
     
January 1, 2021

to

March 31, 2021
     
For the three
months ended
September 30,
2020
     
For the nine
months ended
September 30,
2020
  
    
Successor
     
Predecessor
  
Beginning balance
   
$
1,298,324
     
$
—  
      $ 121,233      $ 121,754      $ 121,137  
Additions from
 
acquisitions
   
 
472
     
 
1,298,796
        7,517        —          617  
    
 
 
     
 
 
     
 
 
     
 
 
     
 
 
  
Ending balance
   
$
1,298,796
     
$
1,298,796
      $ 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):
 
    
September 30, 2021
     
December 31, 2020
  
    
Successor
     
Predecessor
  
Reporting units:
                  
Mortgage Originations
   
$
712,524
      $ 44,429  
Reverse Originations
   
 
405,445
        —    
Commercial Originations
   
 
75,768
        43,113  
Lender Services
   
 
102,250
        25,247  
Portfolio Management
   
 
2,809
        8,444  
    
 
 
     
 
 
  
Total goodwill
   
$
1,298,796
     
$
121,233