Real Estate Owned ("REO") (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the Company’s REO activity during the three months ended March 31, 2026 and March 31, 2025:


	March 31, 2026		March 31, 2025
	(in thousands)
Real estate owned at beginning of period	$	16,402	$	18,574
Principal basis transferred to real estate owned	—		410


Proceeds from sale of real estate owned	(673)		(119)


Recovery of impairment loss on real estate owned	97		—
Gain on sale of real estate owned	196		—
Real estate owned at end of period	$	16,022	$	18,865