Annual report pursuant to Section 13 and 15(d)

General and Administrative Expenses

v3.22.0.1
General and Administrative Expenses
12 Months Ended
Dec. 31, 2021
General and Administrative Expense [Abstract]  
General and Administrative Expenses
30. General and Administrative Expenses
General and administrative expenses consisted of the following (in thousands):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
April 1, 2021

to

December 31, 2021
    
January 1, 2021

to

March 31, 2021
    
For the year ended
December 31, 2020
    
For the year ended
December 31, 2019
 
    
Successor
    
Predecessor
 
Title and closing
  
$
86,627
 
  
$
25,061      $ 64,252      $ 26,217  
Loan origination expenses
  
 
52,741
 
  
 
20,503        60,980        43,928  
Depreciation and amortization
  
 
50,005
 
  
 
3,484        13,871        13,108  
Loan portfolio expenses
  
 
46,838
 
  
 
15,200        43,599        34,096  
Communications and data processing
  
 
40,626
 
  
 
11,324        34,254        26,227  
Securitization expenses
  
 
32,787
 
  
 
6,944        31,216        12,850  
Business development
  
 
30,833
 
  
 
10,607        37,456        27,177  
Licensing and insurance
  
 
9,563
 
  
 
2,487        6,321        6,542  
Other expenses
  
 
42,242
 
  
 
31,577        103,922        66,072  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total general and administrative expenses
  
$
392,262
 
  
$
127,187      $ 395,871      $ 256,217