v3.25.2
Fair Value (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Undesignated Derivative Instruments
The fair value measurement of NVRM's undesignated derivative instruments was as follows:
June 30, 2025December 31, 2024
Rate lock commitments:
Gross assets$47,440 $34,935 
Gross liabilities636 25,739 
Net rate lock commitments$46,804 $9,196 
Forward sales contracts:
Gross assets$179 $6,822 
Gross liabilities11,601 1,122 
Net forward sales contracts$(11,422)$5,700 
Fair Value Measurement
The fair value measurement as of June 30, 2025 was as follows:
Notional or
Principal
Amount		Assumed
Gain
From Loan
Sale		Interest
Rate
Movement
Effect		Servicing
Rights
Value		Security
Price
Change		Total Fair
Value
Measurement
Rate lock commitments$2,005,358 $6,319 $12,771 $27,714 $46,804 
Forward sales contracts$2,076,492 — — (11,422)(11,422)
Mortgages held for sale$405,766 2,684 1,555 5,969 10,208 
Total fair value measurement$9,003 $14,326 $33,683 $(11,422)$45,590