Commitments and Contingencies (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments | The following table reflects the Bank's outstanding commitments as of March 31:
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Pending Repurchase Requests | The following table presents information on open requests from FNMA. The amounts presented are based on outstanding loan principal balances.
(1)The open claims include all open requests received by the Bank where either FNMA has requested loan files for review, where FNMA has not formally rescinded the repurchase request or where the Bank has not agreed to repurchase the loan. The amounts reflected in this table are the unpaid principal balance and do not incorporate any losses the Bank would incur upon the repurchase of these loans.
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Representation and warranty reserves | The table below summarizes changes in our representation and warranty reserves during fiscal 2025.
(1) Reported in consolidated statements of financial condition as a component of other liabilities. (2) Component of other non-interest expense.
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