Schedule of Disaggregation of Revenue |
The Company disaggregates revenue based on the following revenue streams: Gain on loans, net consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | (Amounts in thousands) | 2024 | | 2023 | | 2024 | | 2023 | Gain on sale of loans, net | $ | 15,836 | | | $ | 9,589 | | | $ | 44,032 | | | $ | 42,809 | | Integrated partnership fees | 2,441 | | | 2,830 | | | 7,184 | | | 8,108 | | Loan repurchase reserve recovery/(provision) | 3,226 | | | (866) | | | 10,168 | | | (178) | | | | | | | | | | Total gain on loans, net | $ | 21,503 | | | $ | 11,553 | | | $ | 61,384 | | | $ | 50,739 | |
Other revenue consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | (Amounts in thousands) | 2024 | | 2023 | | 2024 | | 2023 | International lending revenue | $ | 1,190 | | | $ | 1,072 | | | $ | 3,517 | | | $ | 2,740 | | Insurance Services | 438 | | | 997 | | | 1,614 | | | 2,822 | | Real estate services | 753 | | | 651 | | | 1,753 | | | 6,517 | | Other revenue | 689 | | | 1,289 | | | 1,884 | | | 1,585 | | Total other revenue | $ | 3,070 | | | $ | 4,009 | | | $ | 8,768 | | | $ | 13,664 | |
Net interest income consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | (Amounts in thousands) | 2024 | | 2023 | | 2024 | | 2023 | | | | | Mortgage interest income | $ | 5,400 | | | $ | 3,577 | | | $ | 12,832 | | | $ | 12,305 | | | | | | Interest Income from Investments | 4,467 | | | 466 | | | 15,068 | | | 5,701 | | | | | | Warehouse interest expense | (3,815) | | | (2,758) | | | (8,582) | | | (9,544) | | | | | | Other interest expense | (1,631) | | | (11,940) | | | (5,963) | | | (18,237) | | | | | | Total net interest income/(loss) | $ | 4,421 | | | $ | (10,655) | | | $ | 13,355 | | | $ | (9,775) | | | | | | | | | | | | | | | | | |
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