FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES (Tables)

6 Months Ended

Jun. 30, 2020

FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES

Schedule of Pledged Securities at Fair Value

	June 30,				December 31,
(in thousands)	2020		2019		2019		2018
Pledged cash and cash equivalents:
Restricted cash	$	1,768	$	3,242	$	2,150	$	3,029
Money market funds		4,004		840		5,054		6,440
Total pledged cash and cash equivalents	$	5,772	$	4,082	$	7,204	$	9,469
Agency MBS		122,524		115,207		114,563		106,862
Total pledged securities, at fair value	$	128,296	$	119,289	$	121,767	$	116,331

Schedule of Investment Information Related to AFS Agency MBS

Fair Value and Amortized Cost of Agency MBS (in thousands)	June 30, 2020		December 31, 2019
Fair value	$	122,524	$	114,563
Amortized cost		122,257		113,580
Total gains for securities with net gains in AOCI		600		1,145
Total losses for securities with net losses in AOCI		(333)		(162)
Fair value of securities with unrealized losses		70,709		66,526

Schedule of Contractual Maturity Information Related to Agency MBS

	June 30, 2020
Detail of Agency MBS Maturities (in thousands)	Fair Value		Amortized Cost
Within one year	$	—	$	—
After one year through five years		2,485		2,508
After five years through ten years		99,673		99,820
After ten years		20,366		19,929
Total	$	122,524	$	122,257