Annual report pursuant to Section 13 and 15(d)

Concentrations of Risk (Tables)

v3.22.4
Concentrations of Risk (Tables)
12 Months Ended
Dec. 31, 2022
Risks and Uncertainties [Abstract]  
Schedules of Concentration of Risk
The table below provides the percentage of residential mortgage loans serviced by the location in which the home securing the loan is located and is based on the outstanding UPB. "Other" consists of loans in states in which concentration individually represents less than 5% of total remaining UPB.
December 31, 2022 December 31, 2021
California 44  % 43  %
Washington 2  % %
Oregon 3  % %
Arizona 4  % %
New Jersey 6  % %
Other 41  % 33  %
Total 100  % 100  %

The following table provides the percentage of residential mortgage loans serviced by loans with GSEs ("Agency") and those with private investors ("Non-agency") by period.
December 31, 2022 December 31, 2021
Agency 56  % 97  %
Non-agency 44  % %
Total 100  % 100  %
The table below provides the percentage of reverse loans in the Company’s Consolidated Statements of Financial Condition by the location in which the home securing the loan is located and is based on their remaining UPB. "Other" consists of loans in states in which concentration individually represents less than 5% of total remaining UPB.
December 31, 2022 December 31, 2021
California 47  % 45  %
New York 7  % %
Florida 5  % %
Texas 4  % %
Other 37  % 37  %
Total 100  % 100  %
The Company's total origination volume in any other states did not exceed 5% of the total origination volume, and were included in the "Other" balance.
December 31, 2022 December 31, 2021
California 77  % 81  %
Other 23  % 19  %
Total 100  % 100  %
The following table provides the percentage of reverse mortgage loans which are serviced by the Company by loans with GSEs ("Agency") and those with private investors ("Non-agency") by period.
December 31, 2022 December 31, 2021
Agency 64  % 70  %
Non-agency 36  % 30  %
Total 100  % 100  %
The table below provides the percentage of securitized nonperforming HECM buyouts in the Company's Consolidated Statements of Financial Condition by the location in which the home securing the loan is located and is based on their remaining UPB. "Other" consists of loans in states in which concentration individually represents less than 5% of total remaining UPB.
December 31, 2022 December 31, 2021
New York 20  % 17  %
Puerto Rico 14  % 15  %
California 9  % 10  %
Texas 10  % 10  %
Florida 5  % %
Other 42  % 42  %
Total 100  % 100  %
The table below provides the percentage of commercial loans on the Company’s Consolidated Statements of Financial Condition by the location in which the home securing the loan is located and is based on their remaining UPB. "Other" consists of loans in states in which concentration individually represents less than 5% of total remaining UPB.
December 31, 2022 December 31, 2021
Illinois 13  % 11  %
New Jersey 8  % %
Florida 7  % %
California 4  % %
Texas 4  % %
Other 64  % 66  %
Total 100  % 100  %