v3.26.1
Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2026
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Schedule of Real Estate Owned The following tables detail activity in the Company's carrying value of REO for the three-month periods ended March 31, 2026 and 2025:
Three-Month Periods Ended
March 31, 2026March 31, 2025
Number of PropertiesCarrying ValueNumber of PropertiesCarrying Value
(In thousands)(In thousands)
Beginning Balance (December 31, 2025 and 2024, respectively)177 $75,548 117 $46,661 
Transfers from mortgage loans69 43,237 48 31,255 
Capital expenditures and other adjustments to cost391 (42)
Adjustments to record at the lower of cost or fair value(3,280)(4,480)
Dispositions(47)(14,729)(30)(7,947)
Ending Balance (March 31, 2026 and 2025, respectively)199 $101,167 135 $65,447