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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Pledged assets included in cash and cash equivalents $ 1,169,631 $ 1,222,505
Mortgage servicing rights $ 1,705,254 $ 544,562 [1]
Preferred stock, par value (USD per share) $ 0.01 $ 0.01
Preferred stock authorized (shares) 63,500,000 63,500,000
Preferred stock issued (shares) 63,500,000 63,500,000
Preferred stock outstanding (shares) 63,500,000 63,500,000
Common stock, par value (USD per share) $ 0.01 $ 0.01
Common stock authorized (shares) 2,936,500,000 2,936,500,000
Common stock issued (shares) 467,911,144 364,934,065
Common stock outstanding (shares) 467,911,144 364,934,065
Mortgage-backed securities [2] $ 66,839,353 $ 63,655,674 [1]
Asset Pledged as Collateral without Right    
Pledged assets included in loans, net 1,279,960 2,462,776
Consolidated VIEs    
Cash and cash equivalents 3,500 16,200
Agency Mortgage-Backed Securities    
Pledged assets 55,889,039 56,675,447
Agency Mortgage-Backed Securities | Consolidated VIEs    
Mortgage-backed securities 27,300 44,200
Non-Agency Mortgage-Backed Securities    
Mortgage servicing rights 727,927 0
Non-Agency Mortgage-Backed Securities | Consolidated VIEs    
Mortgage-backed securities 1,000,000 350,400
Residential Mortgage Loans    
Loans held-for-sale $ 1,400 $ 2,300
[1] (1)Derived from the audited consolidated financial statements at December 31, 2021.
[2] (3)Excludes $27.3 million and $44.2 million at September 30, 2022 and December 31, 2021, respectively, of Agency mortgage-backed securities and $1.0 billion and $350.4 million at September 30, 2022 and December 31, 2021, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition.