Loans Held for Sale at Fair Value (Tables)

6 Months Ended

Jun. 30, 2025

Loans Held for Sale at Fair Value

Summary of loans held for sale at fair value

	June 30,		December 31,
Mortgage type	2025		2024
	(in thousands)
Government-insured or guaranteed	$	3,786,855	$	4,154,069
Conventional conforming		2,215,601		3,127,082
Jumbo		447,855		502,264
Closed-end second lien		268,600		272,285
Purchased from Ginnie Mae securities serviced by the Company		220,973		145,026
Repurchased pursuant to representations and warranties		21,340		16,742
	$	6,961,224	$	8,217,468
Fair value of loans pledged to secure:
Assets sold under agreements to repurchase	$	6,128,283	$	7,612,832
Mortgage loan participation purchase and sale agreements		745,063		528,002
	$	6,873,346	$	8,140,834