| Loans Held for Sale at Fair Value |
Note 9—Loans Held for Sale at Fair Value Following is a summary of loans held for sale at fair value: | | | | | | | | | June 30, | | December 31, | Mortgage type | | 2026 | | 2025 | | | | (in thousands) | Government-insured or guaranteed | | $ | 3,600,761 | | $ | 5,140,921 | Conventional conforming | | | 2,323,027 | | | 2,972,372 | Jumbo | | | 1,092,889 | | | 699,309 | Non-qualified | | | 206,052 | | | 3,097 | Closed-end second lien | | | 263,631 | | | 156,003 | Purchased from Ginnie Mae securities serviced by the Company | | | 298,704 | | | 127,920 | Repurchased pursuant to representations and warranties | | | 34,826 | | | 23,788 | | | $ | 7,819,890 | | $ | 9,123,410 | Fair value of loans pledged to secure: | | | | | | | Assets sold under agreements to repurchase | | $ | 6,953,878 | | $ | 8,245,256 | Mortgage loan participation purchase and sale agreements | | | 733,023 | | | 738,247 | | | $ | 7,686,901 | | $ | 8,983,503 |
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