Loans Held for Sale at Fair Value (Tables)

9 Months Ended

Sep. 30, 2025

Loans Held for Sale at Fair Value

Summary of loans held for sale at fair value

	September 30,		December 31,
Mortgage type	2025		2024
	(in thousands)
Government-insured or guaranteed	$	4,035,365	$	4,154,069
Conventional conforming		2,471,765		3,127,082
Jumbo		530,442		502,264
Closed-end second lien		271,310		272,285
Purchased from Ginnie Mae securities serviced by the Company		164,684		145,026
Repurchased pursuant to representations and warranties		16,907		16,742
	$	7,490,473	$	8,217,468
Fair value of loans pledged to secure:
Assets sold under agreements to repurchase	$	6,693,386	$	7,612,832
Mortgage loan participation purchase and sale agreements		740,464		528,002
	$	7,433,850	$	8,140,834