XML 66 R55.htm IDEA: XBRL DOCUMENT v3.26.1
Mortgage Banking Activities, Net (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Other income, net $ 5,985 $ 352 $ 8,422 $ 1,902
Total Mortgage banking activities, net 32,071 40,857 64,035 73,910
Sequoia        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Other income, net 3,941 870 4,508 956
Total Mortgage banking activities, net 12,944 24,313 34,995 46,232
Sequoia | Residential consumer loans, at fair value        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Fair value of loans 48,709 14,019 69,237 44,392
Sequoia | Trading securities        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Fair value of loans 6,047 (38,645) 42,914 (67,972)
Sequoia | Risk management derivatives        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Risk management derivatives (45,753) 48,069 (81,664) 68,856
Aspire        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Other income, net 550 48 920 54
Total Mortgage banking activities, net 9,199 83 11,883 315
Aspire | Residential consumer loans, at fair value        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Fair value of loans (7,561) 1,076 (9,803) 1,302
Aspire | Trading securities        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Fair value of loans 972 0 1,300 0
Aspire | Risk management derivatives        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Risk management derivatives 15,238 (1,041) 19,466 (1,041)
CoreVest        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Other income, net 5,474 7,220 13,704 13,105
Total Mortgage banking activities, net 9,928 16,461 17,157 27,363
CoreVest | Trading securities        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Fair value of loans 1,009 0 1,009 0
CoreVest | Residential investor term loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Fair value of loans 2,627 4,560 961 11,490
CoreVest | Residential investor bridge loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Fair value of loans 836 3,574 1,200 4,606
CoreVest | Risk management derivatives        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Risk management derivatives $ (18) $ 1,107 $ 283 $ (1,838)