v3.25.4
Fair Value (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Undesignated Derivative Instruments
The fair value measurement of NVRM's undesignated derivative instruments was as follows:
As of December 31,
 20252024
Rate lock commitments:
Gross assets$37,437 $34,935 
Gross liabilities158 25,739 
Net rate lock commitments$37,279 $9,196 
Forward sales contracts:
Gross assets$1,348 $6,822 
Gross liabilities1,236 1,122 
Net forward sales contracts$112 $5,700 
Fair Value Measurement
The fair value measurement as of December 31, 2025 and 2024 was as follows:
As of December 31,
20252024
Fair
Value
Hierarchy		Notional or
Principal
Amount		Fair
Value
Measurement		Notional or
Principal
Amount		Fair
Value
Measurement
Rate lock commitments
Level 2
$1,707,835$37,279$2,006,907$9,196
Forward sales contracts
Level 2
$1,430,400$112$2,140,042$5,700
Mortgage loans held for sale
Level 2
$557,540$571,596$352,489$355,209