Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Investments [Abstract]    
Excess mortgage servicing rights, at fair value $ 410,855 $ 505,343
Mortgage servicing rights, at fair value 3,489,675 3,967,960
Mortgage servicing rights financing receivables, at fair value 1,096,166 1,718,273
Servicer advance investments, at fair value [1] 538,056 581,777
Real estate and other securities 14,244,558 19,477,728
Residential mortgage loans, held-for-investment, at fair value [1] 1,359,754 1,753,251
Residential mortgage loans, held-for-investment, at fair value 5,215,703 6,042,664
Residential mortgage loans subject to repurchase [2] 1,452,005 172,336
Cash and cash equivalents [1] 944,854 528,737
Restricted cash 135,619 162,197
Servicer advances receivable 3,002,267 3,301,374
Trades receivable 4,180 5,256,014
Other assets [1] 1,358,422 1,395,800
Total assets 33,252,114 44,863,454
Liabilities    
Secured financing agreements 17,547,680 27,916,225
Secured noted and bonds payable [1] 7,644,195 7,720,148
Residential mortgage loan repurchase liability [2] 1,452,005 172,336
Unsecured senior notes, net of issuance costs 541,516 0
Trades payable 154 902,081
Due to affiliates 9,450 103,882
Dividends payable 90,128 211,732
Accrued expenses and other liabilities [1] 537,302 600,790
Total liabilities 27,822,430 37,627,194
Commitments and Contingencies
Equity    
Preferred Stock 812,992 423,444
Common Stock 4,148 4,156
Additional paid-in capital 5,547,108 5,498,226
Retained earnings (accumulated deficit) (1,108,929) 549,733
Accumulated other comprehensive income (loss) 65,697 682,151
Total New Residential stockholders’ equity 5,321,016 7,157,710
Noncontrolling interests in equity of consolidated subsidiaries 108,668 78,550
Total Equity 5,429,684 7,236,260
Total Liabilities And Equity $ 33,252,114 $ 44,863,454
[1] See Note 14 regarding consolidated variable interest entities.
[2] See Note 6 for details.