Loans Held for Sale at Fair Value

6 Months Ended

Jun. 30, 2024

Loans Held for Sale at Fair Value

Loans Held for Sale at Fair Value

Note 9—Loans Held for Sale at Fair Value

Loans held for sale at fair value include the following:

	June 30,		December 31,
Mortgage type	2024		2023
	(in thousands)
Government-insured or guaranteed	$	3,641,883	$	2,099,135
Conventional conforming		2,003,304		1,821,085
Jumbo		193,696		21,907
Closed-end second lien		239,551		322,015
Purchased from Ginnie Mae securities serviced by the Company		143,718		146,585
Repurchased pursuant to representations and warranties		16,807		9,964
	$	6,238,959	$	4,420,691
Fair value of loans pledged to secure:
Assets sold under agreements to repurchase	$	5,640,584	$	3,858,977
Mortgage loan participation purchase and sale agreements		542,141		470,524
	$	6,182,725	$	4,329,501