FAIR VALUE MEASUREMENTS - Significant Valuation Inputs (Details) $ in Thousands |
Sep. 30, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
Sep. 30, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, Fair Value |
$ 239,694
|
$ 163,489
|
|
$ 37,066
|
|
| Loan, Held-for-Sale, Fair Value |
389,032
|
395,922
|
$ 468,142
|
255,516
|
$ 245,890
|
| Residual interest securities |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, Fair Value |
38,308
|
34,506
|
|
11,952
|
|
| Level 3 |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, Fair Value |
100,000
|
88,497
|
|
55,860
|
|
| Loan, Held-for-Sale, Fair Value |
$ 389,032
|
$ 369,983
|
|
$ 255,516
|
|
| Level 3 | Discount Rate |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.129
|
0.129
|
|
0.129
|
|
| Loans Held For Sale, measurement input |
0.055
|
0.076
|
|
0.105
|
|
| Level 3 | Discount Rate | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.077
|
|
| Level 3 | Discount Rate | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.109
|
|
| Level 3 | CPR |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.135
|
0.142
|
|
0.142
|
|
| Loans Held For Sale, measurement input |
0.131
|
0.137
|
|
0.163
|
|
| Level 3 | CPR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.003
|
|
| Level 3 | CPR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.190
|
|
| Level 3 | CPR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.140
|
|
| Level 3 | CDR |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.007
|
0.007
|
|
0.011
|
|
| Loans Held For Sale, measurement input |
0.014
|
0.017
|
|
0.016
|
|
| Level 3 | CDR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.002
|
|
| Level 3 | CDR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.637
|
|
| Level 3 | CDR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.016
|
|
| Level 3 | Servicing Rate |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.003
|
0.002
|
|
0.001
|
|
| Loans Held For Sale, measurement input |
|
0
|
|
|
|
| Level 3 | Loss Severity |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
|
|
|
0.502
|
|
| Level 3 | Loss Severity | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.376
|
|
| Level 3 | Loss Severity | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.600
|
|
| Level 3 | Loss Severity | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held for Investment measurement input |
|
|
|
0.670
|
|
| Level 3 | Residual interest securities |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, Fair Value |
$ 38,308
|
$ 34,506
|
|
$ 11,952
|
|
| Level 3 | Residual interest securities | Discount Rate | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.115
|
0.145
|
|
0.210
|
|
| Level 3 | Residual interest securities | Discount Rate | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.246
|
0.240
|
|
0.213
|
|
| Level 3 | Residual interest securities | Discount Rate | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.183
|
0.197
|
|
0.212
|
|
| Level 3 | Residual interest securities | CPR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.162
|
0.152
|
|
0.136
|
|
| Level 3 | Residual interest securities | CPR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.208
|
0.201
|
|
0.300
|
|
| Level 3 | Residual interest securities | CPR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.188
|
0.177
|
|
0.167
|
|
| Level 3 | Residual interest securities | CDR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0
|
0.015
|
|
0.005
|
|
| Level 3 | Residual interest securities | CDR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.024
|
0.017
|
|
0.489
|
|
| Level 3 | Residual interest securities | CDR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Marketable Securities, measurement input |
0.012
|
0.016
|
|
0.013
|
|
| Level 3 | HELOC loans |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, Fair Value |
$ 98,120
|
$ 86,465
|
|
$ 53,645
|
|
| Loan, Held-for-Sale, Fair Value |
$ 323,184
|
$ 366,154
|
|
244,670
|
|
| Loan, Held-for-Investment, Fair Value |
|
|
|
$ 61,337
|
|
| Level 3 | HELOC loans | Discount Rate | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.130
|
0.130
|
|
0.120
|
|
| Loans Held For Sale, measurement input |
0.049
|
0.064
|
|
0.076
|
|
| Level 3 | HELOC loans | Discount Rate | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.130
|
0.130
|
|
0.140
|
|
| Loans Held For Sale, measurement input |
0.089
|
0.101
|
|
0.177
|
|
| Loans Held for Investment measurement input |
|
|
|
0.195
|
|
| Level 3 | HELOC loans | Discount Rate | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.130
|
0.130
|
|
0.130
|
|
| Loans Held For Sale, measurement input |
0.065
|
0.076
|
|
0.106
|
|
| Level 3 | HELOC loans | CPR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0
|
0.010
|
|
0.100
|
|
| Loans Held For Sale, measurement input |
0.026
|
0.013
|
|
0.004
|
|
| Level 3 | HELOC loans | CPR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.325
|
0.330
|
|
0.194
|
|
| Loans Held For Sale, measurement input |
0.396
|
0.324
|
|
0.210
|
|
| Level 3 | HELOC loans | CPR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.137
|
0.144
|
|
0.146
|
|
| Loans Held For Sale, measurement input |
0.156
|
0.136
|
|
0.160
|
|
| Level 3 | HELOC loans | CDR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0
|
0
|
|
0.003
|
|
| Loans Held For Sale, measurement input |
0
|
0.015
|
|
0.005
|
|
| Level 3 | HELOC loans | CDR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.049
|
0.044
|
|
0.023
|
|
| Loans Held For Sale, measurement input |
0.943
|
0.017
|
|
0.489
|
|
| Level 3 | HELOC loans | CDR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.008
|
0.007
|
|
0.011
|
|
| Loans Held For Sale, measurement input |
0.016
|
0.016
|
|
0.013
|
|
| Level 3 | HELOC loans | Servicing Rate |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.003
|
0.002
|
|
0.001
|
|
| Level 3 | HELOC loans | Loss Severity | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0
|
0.166
|
|
0.396
|
|
| Level 3 | HELOC loans | Loss Severity | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.976
|
0.442
|
|
0.581
|
|
| Level 3 | HELOC loans | Loss Severity | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.284
|
0.324
|
|
0.484
|
|
| Level 3 | Mortgage loans |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, Fair Value |
$ 1,880
|
$ 2,032
|
|
$ 2,215
|
|
| Level 3 | Mortgage loans | Discount Rate | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.095
|
0.100
|
|
0.090
|
|
| Level 3 | Mortgage loans | Discount Rate | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.105
|
0.110
|
|
0.110
|
|
| Level 3 | Mortgage loans | Discount Rate | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.103
|
0.108
|
|
0.100
|
|
| Level 3 | Mortgage loans | CPR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.036
|
0.039
|
|
0.042
|
|
| Level 3 | Mortgage loans | CPR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.080
|
0.082
|
|
0.074
|
|
| Level 3 | Mortgage loans | CPR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.053
|
0.057
|
|
0.050
|
|
| Level 3 | Mortgage loans | CDR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0
|
0
|
|
0.001
|
|
| Level 3 | Mortgage loans | CDR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.011
|
0.010
|
|
0.005
|
|
| Level 3 | Mortgage loans | CDR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0.004
|
0.002
|
|
0.002
|
|
| Level 3 | Mortgage loans | Servicing Rate |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Servicing Assets, measurement Input |
0
|
0
|
|
|
|
| Level 3 | Other |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loan, Held-for-Sale, Fair Value |
$ 2,913
|
$ 3,829
|
|
$ 10,846
|
|
| Level 3 | Other | Discount Rate | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.062
|
0.051
|
|
0.065
|
|
| Level 3 | Other | Discount Rate | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.087
|
0.087
|
|
0.101
|
|
| Level 3 | Other | Discount Rate | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.071
|
0.069
|
|
0.082
|
|
| Level 3 | Other | CPR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.180
|
0.179
|
|
0.138
|
|
| Level 3 | Other | CPR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.404
|
0.997
|
|
0.456
|
|
| Level 3 | Other | CPR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.247
|
0.256
|
|
0.235
|
|
| Level 3 | Other | CDR | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.013
|
0.004
|
|
0.014
|
|
| Level 3 | Other | CDR | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.087
|
0.102
|
|
0.112
|
|
| Level 3 | Other | CDR | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.061
|
0.077
|
|
0.074
|
|
| Level 3 | Other | Loss Severity | Minimum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.880
|
0.880
|
|
0.880
|
|
| Level 3 | Other | Loss Severity | Maximum |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.920
|
0.920
|
|
0.920
|
|
| Level 3 | Other | Loss Severity | Weighted average |
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
| Loans Held For Sale, measurement input |
0.900
|
0.900
|
|
0.900
|
|