FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES (Tables)

6 Months Ended

Jun. 30, 2022

FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES

Schedule of Pledged Securities at Fair Value

	June 30,				December 31,
Pledged Securities (in thousands)	2022		2021		2021		2020
Restricted cash	$	5,979	$	7,442	$	3,779	$	4,954
Money market funds		4,170		39,954		40,954		12,519
Total pledged cash and cash equivalents	$	10,149	$	47,396	$	44,733	$	17,473
Agency MBS		139,411		99,152		104,263		119,763
Total pledged securities, at fair value	$	149,560	$	146,548	$	148,996	$	137,236

Schedule of Investment Information Related to AFS Agency MBS

Fair Value and Amortized Cost of Agency MBS (in thousands)	June 30, 2022		December 31, 2021
Fair value	$	139,411	$	104,263
Amortized cost		139,737		100,847
Total gains for securities with net gains in AOCI		1,242		3,636
Total losses for securities with net losses in AOCI		(1,568)		(220)
Fair value of securities with unrealized losses		104,433		4,757

Schedule of Contractual Maturity Information Related to Agency MBS

	June 30, 2022
Detail of Agency MBS Maturities (in thousands)	Fair Value		Amortized Cost
Within one year	$	—	$	—
After one year through five years		13,901		13,903
After five years through ten years		100,704		100,835
After ten years		24,806		24,999
Total	$	139,411	$	139,737