v3.26.1
Fair Value, Company's Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Servicing Related Assets [Abstract]        
Beginning Balance [1]     $ 214,831  
Changes in Fair Value due to [Abstract]        
Ending Balance [1] $ 211,105   211,105  
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]        
Servicing Related Assets [Abstract]        
Beginning Balance 213,455 $ 227,333 214,831 $ 233,658
Purchases, sales and other changes [Abstract]        
Sales 0 0 0 0
Other changes [2] 1 (1) (15) (1)
Purchases and sales 1 (1) (15) (1)
Changes in Fair Value due to [Abstract]        
Changes in valuation inputs or assumptions used in valuation model 1,451 1,216 3,196 (2,033)
Other changes in fair value [3] $ (3,802) $ (3,947) $ (6,908) $ (7,023)
Servicing Asset, Fair Value, Change in Fair Value, Other, Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) On Investments In Servicing Related Assets Unrealized Gain (Loss) On Investments In Servicing Related Assets Unrealized Gain (Loss) On Investments In Servicing Related Assets Unrealized Gain (Loss) On Investments In Servicing Related Assets
Unrealized loss included in Net Income $ (2,351) $ (2,731) $ (3,712) $ (9,056)
Ending Balance $ 211,105 $ 224,601 $ 211,105 $ 224,601
[1] See Note 8 regarding the estimation of fair value, which approximates carrying value for all pools.
[2] Represents purchase price adjustments, principally contractual prepayment protection, and changes due to the Company’s repurchase of the underlying collateral.
[3] Represents changes due to realization of expected cash flows and estimated MSR runoff.