v3.26.1
Mortgage Loans Held-for-Sale, at Fair Value (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Reconciliation of Mortgage Loans Held-for-Sale The following table presents the carrying value of Company’s mortgage loans held-for-sale as of June 30, 2026 and December 31, 2025:
(in thousands)June 30,
2026
December 31,
2025
Unpaid principal balance$12,542 $13,336 
Mark-to-market adjustments195 294 
Total mortgage loans held-for-sale$12,737 $13,630 

The following table presents a reconciliation of the Company’s mortgage loans held-for-sale for the three and six months ended June 30, 2026 and 2025:
Three Months EndedSix Months Ended
June 30,June 30,
(in thousands)2026202520262025
Balance at beginning of period$18,536 $8,406 $13,630 $2,334 
Originations and purchases of mortgage loans
83,976 48,669 176,294 77,539 
Sales and principal collections
(89,825)(47,260)(177,088)(70,175)
Unrealized (losses) gains on mortgage loans
50 73 (99)190 
Balance at end of period$12,737 $9,888 $12,737 $9,888