Loans Held for Sale at Fair Value

3 Months Ended

Mar. 31, 2021

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	2021		2020
	(in thousands)
Government-insured or guaranteed	$	6,722,768	$	5,683,786
Conventional conforming		1,460,956		1,257,445
Purchased from Ginnie Mae pools serviced by the Company		5,182,311		4,661,378
Repurchased pursuant to representations and warranties		19,754		13,791
	$	13,385,789	$	11,616,400
Fair value of loans pledged to secure:
Assets sold under agreements to repurchase	$	12,726,461	$	10,912,178
Mortgage loan participation purchase and sale agreements		541,206		545,500
	$	13,267,667	$	11,457,678