v3.26.1
Loans and Allowance for Credit Losses - Schedule of Classification, UPB, Carrying Value, And Write-Offs By Year Of Origination (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]    
UPB $ 4,473,984 $ 5,491,880
2026 28,269 290,777
2025 225,037 547,264
2024 489,096 324,720
2023 231,181 1,521,945
2022 1,273,821 1,445,492
Pre 2022 1,920,471 1,064,179
Total Loans, net 4,167,875 5,194,377
Gross write-offs    
2026 0 262
2025 464 4,515
2024 2,498 5,993
2023 2,800 1,438
2022 23,464 5,900
Pre 2022 15,147 184,402
Total 44,373 202,510
Bridge    
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]    
UPB 1,970,165 2,941,656
2026 0 86,350
2025 13,912 295,040
2024 221,786 186,723
2023 102,324 1,126,875
2022 895,866 1,089,802
Pre 2022 651,816 73,669
Total Loans, net 1,885,704 2,858,459
Fixed rate    
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]    
UPB 613,223 654,058
2026 0 0
2025 0 0
2024 0 0
2023 0 35,383
2022 25,791 175,988
Pre 2022 584,557 439,750
Total Loans, net 610,348 651,121
Construction    
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]    
UPB 527,060 509,085
2026 0 32,342
2025 43,430 70,551
2024 90,900 19,300
2023 19,300 108,931
2022 109,901 18,341
Pre 2022 134,533 138,577
Total Loans, net 398,064 388,042
Freddie Mac    
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]    
UPB 3,756 3,756
2026 0 0
2025 0 2,568
2024 2,568 0
2023 0 1,377
2022 1,377 0
Pre 2022 0 0
Total Loans, net 3,945 3,945
SBA - 7(a)    
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]    
UPB 1,090,097 1,103,940
2026 25,675 150,888
2025 147,160 162,885
2024 157,605 115,567
2023 106,463 244,353
2022 235,881 160,780
Pre 2022 357,069 209,002
Total Loans, net 1,029,853 1,043,475
Other    
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]    
UPB 269,683 279,385
2026 2,594 21,197
2025 20,535 16,220
2024 16,237 3,130
2023 3,094 5,026
2022 5,005 581
Pre 2022 192,496 203,181
Total Loans, net $ 239,961 $ 249,335