Loans Held for Sale at Fair Value (Tables)

9 Months Ended

Sep. 30, 2019

Loans Held for Sale at Fair Value

Summary of loans held for sale at fair value

	September 30,		December 31,
Loan type	2019		2018
	(in thousands)
Government-insured or guaranteed	$	4,148,681	$	2,116,126
Conventional conforming		289,273		144,872
Jumbo		—		641
Home equity lines of credit		14		—
Purchased from Ginnie Mae pools serviced by the Company		76,105		250,585
Repurchased pursuant to representations and warranties		8,898		9,423
	$	4,522,971	$	2,521,647
Fair value of loans pledged to secure:
Assets sold under agreements to repurchase	$	3,939,161	$	1,923,857
Mortgage loan participation purchase and sale agreements		542,049		555,001
	$	4,481,210	$	2,478,858