v3.26.1
Note 3 - Residential Mortgage Loans - at Fair Value (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

 

 

June 30,

 

 

 

2026

 

Acquisition cost

 

$

44,751,243

 

 

 

 

 

Unpaid principal balance

 

$

47,122,776

 

Net discount on mortgage loans purchased

 

 

(2,263,398

)

Change in fair value

 

 

57,992

 

Fair Value

 

$

44,917,370

 

 

 

 

 

Weighted average interest rate

 

 

5.86

%

 

 

 

 

Weighted average remaining contractual maturity (years)

 

 

27.5

 

Financing Receivable, Past Due [Table Text Block]

June 30,

2026

Number of mortgage loans 90 or more days past due

2

Recorded investment in mortgage loans 90 or more days past due

$

465,633

Unpaid principal balance of loans 90 or more days past due

$

505,228