FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES (Tables)

9 Months Ended

Sep. 30, 2022

FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES

Schedule of Pledged Securities at Fair Value

	September 30,				December 31,
Pledged Securities (in thousands)	2022		2021		2021		2020
Restricted cash	$	8,454	$	10,596	$	3,779	$	4,954
Money market funds		4,170		40,954		40,954		12,519
Total pledged cash and cash equivalents	$	12,624	$	51,550	$	44,733	$	17,473
Agency MBS		138,789		97,224		104,263		119,763
Total pledged securities, at fair value	$	151,413	$	148,774	$	148,996	$	137,236

Schedule of Investment Information Related to AFS Agency MBS

Fair Value and Amortized Cost of Agency MBS (in thousands)	September 30, 2022		December 31, 2021
Fair value	$	138,789	$	104,263
Amortized cost		140,782		100,847
Total gains for securities with net gains in AOCI		762		3,636
Total losses for securities with net losses in AOCI		(2,755)		(220)
Fair value of securities with unrealized losses		116,989		4,757

Schedule of Contractual Maturity Information Related to Agency MBS

	September 30, 2022
Detail of Agency MBS Maturities (in thousands)	Fair Value		Amortized Cost
Within one year	$	—	$	—
After one year through five years		16,018		16,063
After five years through ten years		99,612		100,327
After ten years		23,159		24,392
Total	$	138,789	$	140,782