Quarter ended June 30,

Six months ended June 30,

2025

2024

2025

2024

(in thousands)

Balance at beginning of period

$

30,774

$

29,976

$

29,129

$

30,788

Provision for losses:

Resulting from sales of loans

4,054

4,129

7,601

8,081

Resulting from change in estimate

(2,220)

(4,076)

(3,635)

(7,396)

Losses incurred

(845)

(1,341)

(1,332)

(2,785)

Balance at end of period

$

31,763

$

28,688

$

31,763

$

28,688

Unpaid principal balance of loans subject to
representations and warranties at end of period

$

452,998,620

$

381,524,553