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SUBSEQUENT EVENTS
 12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
22. SUBSEQUENT EVENTS
In January 2025, the Company completed and closed one securitization of residential mortgage loans, OBX 2025-NQM1, with a face value of $618.4 million. In February 2025, the Company completed and closed one securitization of residential mortgage loans, OBX 2025-NQM2, with a face value of $719.2 million. These securitizations represent financing transactions which provided non-recourse financing to the Company collateralized by residential mortgage loans purchased by the Company.
In January 2025, the Company upsized capacity of an existing credit facility by $250 million for the Company’s MSR platform and closed a $300 million credit facility for the Company’s residential mortgage loans.