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Mortgage Loans Held for Sale
 12 Months Ended
Dec. 31, 2014
Mortgage Loans Held for Sale [Abstract]  
Mortgage Loans Held for Sale

6.  Mortgage Loans Held for Sale

The following summarizes mortgage loans held for sale, at fair value for the year ended December 31, 2014:

Unpaid Principal Balance

Fair Value

Conventional             

$55,073,645 

$57,058,195 

Governmental             

13,407,781 

14,601,797 

Reverse mortgage             

1,600,449 

1,765,552 

United States Department of Agriculture loans             

16,105,088 

17,069,138 

United States Department of Veteran Affairs loan             

6,730,696 

7,196,278 

Total

$92,917,659

$97,690,960

 

For the year ended December 31, 2014 all of the Company's mortgage loans held for sale were pledged to secure warehouse lines of credit and repurchase agreements related to its GMFS origination platform.