v3.26.3
FAIR VALUE (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of fair value, assets and liabilities measured on recurring basis
                 
   June 30, 2026 
                 
    Total    Level I    Level II    Level III 
Financial Assets                    
Mortgage Servicing   8,224,732    -    -    8,224,732 
Non-MSN Securities   29,437    -    -    29,437 
Total Financial Assets  $8,254,169   $-   $-   $8,254,169 
Financial Liabilities                    
Mortgage Secured Notes Payable  $313,136,786   $-   $313,136,786   $- 
Warehouse Line of Credit   5,762,834    -    5,762,834    - 
Total Financial Liabilities  $318,899,620   $-   $318,899,620   $- 

 

   December 31, 2025 
Financial Assets                    
Mortgage Servicing   6,108,755    -    -    6,108,755 
Non-MSN Securities   41,991    -    -    41,991 
Total Financial Assets  $6,150,746   $-   $-   $6,150,746 
Financial Liabilities                    
Mortgage Secured Notes Payable  $319,683,008   $-   $319,683,008   $- 
Warehouse Line of Credit   17,383,887    -    17,383,887    - 
Total Financial Liabilities  $337,066,895   $-   $337,066,895   $- 
Schedule of statements of financial condition
               
Changes in assets:            
Period ended June 30, 2026 

Mortgage

Servicing

Value

   Non-MSN
Securities		   Total Value 
Beginning balance at January 1, 2026  $6,108,755   $41,991   $6,150,746 
Unrealized Gain from newly issued mortgages   342,606    -    342,606 
Fair Value adjustment   1,773,371    (12,554)   1,760,817 
Ending balance at June 30, 2026  $8,224,732   $29,437   $8,254,169 
Schedule of quantitative information
                
Investment type  Fair Value   Valuation technique  Unobservable inputs  Values 
               
Mortgage servicing  $8,224,732   Net Present Value  Prepayment Discount   10.89%
           Discount rate   15.00%
                 
Non-MSN Securities  $29,437   Net Present Value