(8) Interest Income and Interest Expense

12 Months Ended

Dec. 31, 2021

(8) Interest Income and Interest Expense

(8) Interest Income and Interest Expense

The following table presents the components of interest income: 

	Year Ended December 31,
	2021			2020			2019
	(In thousands)
Interest on finance receivables	$	69,783		$	126,043		$	211,138
Interest on finance receivables at fair value		196,461			168,266			123,059
Mark to finance receivables measured at fair value		(4,417	)		(29,528	)		–
Other interest income		22			673			2,899
Interest income	$	261,849		$	265,454		$	337,096

The following table presents the components of interest expense: 

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
Securitization trust debt	$	64,387	$	88,031	$	96,870
Warehouse lines of credit		4,448		7,678		8,402
Residual interest financing		3,763		3,454		3,822
Subordinated renewable notes		2,641		2,175		1,434
Interest expense	$	75,239	$	101,338	$	110,528