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Revenue (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Type of Service
The Company disaggregates revenue from fees by type of service for the periods presented as follows:
Three Months Ended March 31,
20222023
Revenue from fees, net:
Platform and referral fees, net$271,812 $77,657 
Servicing and other fees, net42,170 39,484 
Total revenue from fees, net$313,982 $117,141 
Schedule of Customers Accounting for Greater Than 10% of Accounts Receivable Customers accounting for greater than 10% of total revenue were as follows:
March 31,
20222023
Customer A46%30%
Customer B31%18%
Customer C*10%
* Less than 10%

Customers accounting for greater than 10% of accounts receivable were as follows:
March 31,
20222023
Customer C38%35%
Schedule of Gain (loss) on Loan Servicing Rights
The Company recognized a net gain related to loan servicing rights upon loan sales for the periods presented as follows:

Three Months Ended March 31,
20222023
Net gain related to loan servicing rights$8,705 $3,613 
Schedule of Collection Agency and Borrower Fees
The Company recognized collection agency fees and borrower fees, which are included in servicing and other fees, net for the periods presented as follows:

Three Months Ended March 31,
20222023
Collection agency fees$1,990 $3,916 
Borrower fees$5,230 $7,737 
Schedule of Components of Interest Income and Fair Value Adjustments, Net
The following table presents components of the interest income and fair value adjustments, net presented in the Company’s condensed consolidated statements of operations and comprehensive income (loss):

Three Months Ended March 31,
20222023
Interest income$15,134 $45,315 
Interest expense(959)(7,132)
Fair value and other adjustments
Unrealized loss, charge-offs, and other adjustments, net(19,309)(44,544)
Realized gain (loss) on sale of loans, net1,288 (7,853)
Total fair value and other adjustments(18,021)(52,397)
Total interest income and fair value adjustments, net$(3,846)$(14,214)