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Mortgage Loans
6 Months Ended
Mar. 31, 2019
Mortgage Loans on Real Estate [Abstract]  
MORTGAGE LOANS
MORTGAGE LOANS

Mortgage loans held for sale consist primarily of single-family residential loans collateralized by the underlying property. At March 31, 2019, mortgage loans held for sale had an aggregate carrying value of $796.5 million and an aggregate outstanding principal balance of $768.7 million. At September 30, 2018, mortgage loans held for sale had an aggregate carrying value of $796.4 million and an aggregate outstanding principal balance of $776.1 million. During the six months ended March 31, 2019 and 2018, mortgage loans originated totaled $3.6 billion and $3.4 billion, respectively, and mortgage loans sold totaled $3.6 billion and $3.3 billion, respectively. The Company had gains on sales of loans and servicing rights of $73.1 million and $132.9 million during the three and six months ended March 31, 2019, respectively, compared to $68.8 million and $125.7 million in the prior year periods. Net gains on sales of loans and servicing rights are included in revenues in the consolidated statements of operations. Approximately 93% of the mortgage loans sold by DHI Mortgage during the six months ended March 31, 2019 were sold to four major financial entities, the largest of which purchased 32% of the total loans sold.