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Mortgage Loans Held for Sale at Fair Value
3 Months Ended
Mar. 31, 2019
Mortgage Loans Held for Sale at Fair Value  
Mortgage Loans Held for Sale at Fair Value

Note 7—Mortgage Loans Held for Sale at Fair Value

 

Mortgage loans held for sale at fair value include the following:

 

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

 

    

2019

    

2018

 

 

(in thousands)

Government-insured or guaranteed

 

$

2,083,470

 

$

2,116,126

Conventional conforming

 

 

129,926

 

 

145,513

Home equity lines of credit

 

 

86

 

 

 —

Purchased from Ginnie Mae pools serviced by the Company

 

 

446,290

 

 

250,585

Repurchased pursuant to representations and warranties

 

 

9,157

 

 

9,423

 

 

$

2,668,929

 

$

2,521,647

Fair value of mortgage loans pledged to secure:

 

 

 

 

 

 

Assets sold under agreements to repurchase

 

$

2,065,151

 

$

1,923,857

Mortgage loan participation purchase and sale agreements

 

 

574,518

 

 

555,001

 

 

$

2,639,669

 

$

2,478,858