Quarter ended September 30,

Nine months ended September 30,

2025

2024

2025

2024

(in thousands)

Balance at beginning of period

$

31,763

$

28,688

$

29,129

$

30,788

Provision for losses:

Resulting from sales of loans

4,719

4,070

12,320

12,151

Resulting from change in estimate

(2,365)

(3,481)

(6,000)

(10,877)

Losses incurred

(1,053)

(991)

(2,385)

(3,776)

Balance at end of period

$

33,064

$

28,286

$

33,064

$

28,286

Unpaid principal balance of loans subject to
representations and warranties at end of period

$

472,890,874

$

396,102,491