FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES (Tables)

9 Months Ended

Sep. 30, 2024

FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES

Schedule of Pledged Securities at Fair Value

(in thousands)	September 30,				December 31,
Pledged Securities	2024		2023		2023		2022
Restricted cash	$	10,708	$	10,523	$	2,727	$	5,788
Money market funds		36,346		36,035		38,556		8,870
Total pledged cash and cash equivalents	$	47,054	$	46,558	$	41,283	$	14,658
Agency MBS		156,891		130,951		142,798		142,624
Total pledged securities, at fair value	$	203,945	$	177,509	$	184,081	$	157,282

Schedule of Investment Information Related to AFS Agency MBS

Fair Value and Amortized Cost of Agency MBS (in thousands)	September 30, 2024		December 31, 2023
Fair value	$	156,891	$	142,798
Amortized cost		155,504		143,862
Total gains for securities with net gains in AOCI		2,557		1,036
Total losses for securities with net losses in AOCI		(1,170)		(2,100)
Fair value of securities with unrealized losses		97,834		103,003

Schedule of Contractual Maturity Information Related to Agency MBS

(in thousands)	September 30, 2024
Detail of Agency MBS Maturities	Fair Value		Amortized Cost
Within one year	$	228	$	228
After one year through five years		70,035		69,994
After five years through ten years		69,219		68,332
After ten years		17,409		16,950
Total	$	156,891	$	155,504