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Loan Securitization/Sale Activities (Tables)
3 Months Ended
Mar. 31, 2021
Investing and Servicing Segment  
Summary of fair value and par value of loans sold and amount of sale proceeds used in part to repay the outstanding balance of the repurchase agreements associated with the loans The following summarizes the face amount and proceeds of commercial and residential loans securitized for the three months ended March 31, 2021 and 2020 (amounts in thousands):

Commercial Loans

Residential Loans

    

Face Amount

    

Proceeds

    

Face Amount

    

Proceeds

For the Three Months Ended March 31,

2021

$

85,037

$

89,710

$

383,549

$

389,798

2020

 

335,835

352,393

 

381,279

 

398,747

Commercial and Residential Lending Segment  
Summary of loans sold and loans transferred as secured borrowings by the Lending segment net of expenses The following table summarizes our loans sold by the Commercial and Residential Lending Segment, net of expenses (amounts in thousands):

Residential

    

Face Amount

    

Proceeds

For the Three Months Ended March 31,

2021

$

89,418

$

92,419

2020

550

604