v3.25.4
Notes Payable (Tables)
12 Months Ended
Dec. 31, 2025
Notes Payable [Abstract]  
Outstanding Long-Term Borrowings Remaining Maturities

The outstanding borrowings had the following remaining maturities as of the dates indicated (dollars in thousands):

Long-Term Borrowings Repayment Characteristics

As of December 31, 2025

 
2026
   
2027
   
2028
   
2029
   
2030
    2031
   
Total
 
Freddie Mac MSR Revolver
                                         
Borrowings under Freddie Mac MSR Revolver
 
$
55,500
   
$
-
   
$
-
   
$
-
   
$
-
    $ -    
$
55,500
 
Fannie Mae MSR Revolving Facility
                                                       
Borrowings under Fannie Mae MSR Revolving Facility
   
-
     
548
     
6,806
     
7,239
     
76,157
      -    
90,750
 
Total
 
$
55,500
   
$
548
   
$
6,806
   
$
7,239
   
$
76,157
    $ -    
$
146,250
 

As of December 31, 2024

 
2025
   
2026
   
2027
   
2028
   
2029
    2030
   
Total
 
Freddie Mac MSR Revolver
                                         
Borrowings under Freddie Mac MSR Revolver
 
$
56,500
   
$
-
   
$
-
   
$
-
   
$
-
    $ -    
$
56,500
 
Fannie Mae MSR Revolving Facility
                                                       
Borrowings under Fannie Mae MSR Revolving Facility
   
555
     
6,915
     
7,408
     
80,722
     
-
      -      
95,600
 
Total
 
$
57,055
   
$
6,915
   
$
7,408
   
$
80,722
   
$
-
    $ -    
$
152,100