Introduction to Mortgage Servicing Training - October 2023

Mortgage, LLC Consolidated Statements of Changes in Member's Equity (Dollars in Thousands)

Retained Earnings

Total Equity

Member’s Capital

Balance as of December 31, 2019 ........................... $ Net income ............................................................ Share ‑ based compensation, net ............................. Distributions to holding company ......................... Contributions from member, net ........................... Capitalized offering costs ..................................... Balance as of December 31, 2020 ........................... $ Net income ............................................................ Share ‑ based compensation, net ............................. Distributions to holding company ......................... Contributions from member, net ........................... Balance as of December 31, 2021 ........................... $

146,934 $

3,067,415 $ 3,214,349 8,832,081 8,832,081

—

89,890

—

89,890

—

(4,681,619) (4,681,619)

13,650

— —

13,650

(15,424)

(15,424)

235,050 $

7,217,877 $ 7,452,927 5,745,294 5,745,294

—

96,968

—

96,968

—

(5,329,857) (5,329,857)

43,386

—

43,386

375,404 $

7,633,314 $ 8,008,718

See accompanying Notes to the Consolidated Financial Statements.

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