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Loans Held for Sale at Fair Value
 3 Months Ended
Mar. 31, 2020
Loans Held for Sale at Fair Value  
Loans Held for Sale at Fair Value

Note 7—Loans Held for Sale at Fair Value

 

Loans held for sale at fair value include the following:

 

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

Loan type

    

2020

    

2019

 

 

(in thousands)

Government-insured or guaranteed

 

$

3,998,657

 

$

4,222,010

Conventional conforming

 

 

735,615

 

 

307,065

Jumbo

 

 

1,128

 

 

 —

Purchased from Ginnie Mae pools serviced by the Company

 

 

788,283

 

 

374,121

Repurchased pursuant to representations and warranties

 

 

17,961

 

 

9,244

Home equity lines of credit

 

 

343

 

 

513

 

 

$

5,541,987

 

$

4,912,953

Fair value of loans pledged to secure:

 

 

 

 

 

 

Assets sold under agreements to repurchase

 

$

4,937,094

 

$

4,322,789

Mortgage loan participation purchase and sale agreements

 

 

556,238

 

 

523,349

 

 

$

5,493,332

 

$

4,846,138