v3.26.1
Fair Value (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Undesignated Derivative Instruments
The fair value measurement of NVRM's undesignated derivative instruments was as follows:
June 30, 2026December 31, 2025
Rate lock commitments:
Gross assets$30,768 $37,437 
Gross liabilities333 158 
Net rate lock commitments$30,435 $37,279 
Forward sales contracts:
Gross assets$5,899 $1,348 
Gross liabilities1,107 1,236 
Net forward sales contracts$4,792 $112 
Fair Value Measurement
The fair value measurement as of June 30, 2026 and December 31, 2025 was as follows:
June 30, 2026December 31, 2025
Fair
Value
Hierarchy
Notional or
Principal
Amount
Fair
Value
Measurement
Notional or
Principal
Amount
Fair
Value
Measurement
Rate lock commitments
Level 2
$2,150,767$30,435$1,707,835$37,279
Forward sales contracts
Level 2
$1,873,500$4,792$1,430,400$112
Mortgage loans held for sale
Level 2
$395,821$396,678$557,540$571,596