v3.25.2
Mortgage Loans Held-for-Sale, at Fair Value (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Reconciliation of Mortgage Loans Held-for-Sale The following table presents the carrying value of Company’s mortgage loans held-for-sale as of June 30, 2025 and December 31, 2024:
(in thousands)June 30,
2025		December 31,
2024
Unpaid principal balance$9,660 $2,297 
Mark-to-market adjustments228 37 
Total mortgage loans held-for-sale$9,888 $2,334 
The following table presents a reconciliation of the Company’s mortgage loans held-for-sale for the three and six months ended June 30, 2025 and 2024:
Three Months EndedSix Months Ended
June 30,June 30,
(in thousands)2025202420252024
Balance at beginning of period$8,406 $279 $2,334 $332 
Originations and purchases of mortgage loans
48,669 50 77,539 51 
Sales and principal collections
(47,260)(51)(70,175)(101)
Unrealized gains (losses) on mortgage loans73 — 190 (4)
Balance at end of period$9,888 $278 $9,888 $278