Warehouse and Other Secured Lines of Credit (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Lines of Credit

The Company had the following warehouse lines of credit with financial institutions as of March 31, 2024 and December 31, 2023, respectively, (in thousands):

Warehouse Lines of Credit 1	Date of Initial Agreement With Warehouse Lender	Current Agreement Expiration Date	Total Advanced Against Line as of March 31, 2024		Total Advanced Against Line as of December 31, 2023
Master Repurchase Agreement ("MRA") Funding Limits as of March 31, 2024:
$500 Million	2/29/2012	5/17/2024	$	495,494	$	489,117
$1.0 Billion	7/24/2020	8/29/2024	667,436		791,760
$200 Million	10/30/2020	11/5/2024	134,726		75,691
$300 Million	2/26/2016	12/19/2024	298,965		271,179
$1.0 Billion	7/10/2012	1/6/2025	581,289		175,604
$2.5 Billion	12/31/2014	2/19/2025	1,699,090		1,252,169
$500 Million	3/7/2019	2/20/2025	375,601		213,556
$250 Million	4/23/2021	4/23/2025	220,407		103,729
$3.0 Billion	5/9/2019	11/28/2025	2,173,445		1,475,368
Early Funding:
$600 Million (ASAP + - see below)		No expiration	—		—
$750 Million (EF - see below)		No expiration	35,464		53,917
			$	6,681,917	$	4,902,090
All interest rates are variable based upon a spread to SOFR or other alternative index.

1 An aggregate of $750.0 million of these line amounts is committed as of March 31, 2024.