Loans Held for Sale, at Fair Value (Tables)

6 Months Ended

Jun. 30, 2023

Accounts and Financing Receivables, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance [Abstract]

Summary of Loans Held for Sale

Loans held for sale had a cost basis and fair value as follows (in thousands):

	June 30, 2023		December 31, 2022
Cost Basis	$	941,457	$	137,633
Fair Value	936,970		138,345

Interest income and gains (losses) for fair value adjustments on loans held for sale were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Interest income on loans held for sale	$	10,135	$	5,162	$	12,273	$	10,106
Gains (losses) recognized on change in fair value on loans held for sale	(10,675)		10,862		(4,487)		11,827