Quarterly report pursuant to Section 13 or 15(d)

OTHER ASSETS AND LIABILITIES, GENERAL AND ADMINISTRATIVE, AND OTHER ITEMS - Schedule of Other Assets and Liabilities (Details)

v3.21.2
OTHER ASSETS AND LIABILITIES, GENERAL AND ADMINISTRATIVE, AND OTHER ITEMS - Schedule of Other Assets and Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Other Assets    
Margin receivable, net $ 388,528 $ 271,753
Servicing fee receivables 146,509 137,426
Due from servicers 31,201 67,854
Principal and interest receivable 30,782 41,590
Equity investment 70,754 55,504
Other receivables 138,209 109,111
REO 26,569 45,299
Single-family rental properties 403,651 41,271
Goodwill 29,468 29,468
Notes receivable, at fair value 51,663 52,389
Warrants, at fair value 26,302 23,218
Recovery asset 11,217 13,006
Property and equipment 59,611 26,999
Receivable from government agency 7,437 14,369
Intangible assets 73,723 34,125
Prepaid expenses 81,955 30,949
Operating lease right-of-use assets (Note 15) 115,598 26,913
Derivative assets 266,904 290,144
Ocwen common stock, at fair value 4,834 11,187
Loans receivable, at fair value 233,339 0
Credit facilities receivable 101,505 0
Loans in process and settlements in process 396,907 0
Other assets 106,323 35,847
Other assets [1] 2,802,989 1,358,422
Accrued Expenses and Other Liabilities    
Margin payable 90,751 0
MSR purchase price holdback 18,555 25,121
Interest payable 45,983 44,623
Accounts payable 322,825 87,406
Derivative liabilities 54,766 119,762
Due to servicers 42,201 59,671
Due to agencies 13,262 26,748
Contingent consideration 9,299 14,247
Accrued compensation and benefits 175,273 67,025
Excess spread financing, at fair value 0 18,420
Operating lease liabilities (Note 15) 140,438 31,270
Reserve for sales recourse 36,782 9,799
Reserve for servicing losses 22,425 9,288
Deferred tax liability 407,577 7,859
Other liabilities 85,425 16,063
Accrued expenses and other liabilities [1] $ 1,465,562 $ 537,302
[1] The Company's Consolidated Balance Sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (New Residential). As of September 30, 2021, and December 31, 2020, total assets of consolidated VIEs were $3.1 billion and $2.7 billion, respectively, and total liabilities of consolidated VIEs were $2.4 billion and $2.1 billion, respectively. See Note 13 for further details.