MORTGAGE LOANS HELD-FOR-SALE, at FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2016

Mortgage Loans Held For Sale At Fair Value [Line Items]

Schedule of Mortgage loans held-for-sale [Table Text Block]

The following table presents the carrying value of the Company’s mortgage loans held-for-sale as of March 31, 2016 and December 31, 2015:

	March 31, 2016		December 31, 2015
Unpaid principal balance	$	12,475,857	$	10,767,856
Fair value adjustment		330,450		132,546
Carrying value	$	12,806,307	$	10,900,402

Mortgage Loans Held-for-sale [Member]

Mortgage Loans Held For Sale At Fair Value [Line Items]

Schedules of Concentration of Risk, by Risk Factor [Table Text Block]

The geographic concentrations of credit risk exceeding 5% of the total loan balances related to the mortgage loans held-for-sale as of March 31, 2016 are as follows:

	March 31, 2016
Texas		21.9	%
Arizona		14.4	%
Massachusetts		11.0	%
California		10.2	%
Minnesota		8.6	%
Georgia		5.8	%
New York		5.7	%
Pennsylvania		5.1	%