v3.26.3
Debt (Tables)
9 Months Ended
Sep. 30, 2026
Line of Credit Facility [Abstract]  
Schedule of Outstanding Debt Obligations
The outstanding debt obligations included the following as of the periods indicated (in thousands):
As of
September 30, 2026
As of
December 31, 2025
Revolving credit facility
$1,199,000 $798,000 
6.875% senior unsecured notes, due September 2030
295,647 294,758 
8.250% senior unsecured notes, due August 2028
297,337 296,302 
Mortgage warehouse facilities
165,325 192,837 
Other borrowings
38,706 24,296 
Total debt
$1,996,015 $1,606,193 
Schedule of Mortgage Loans Held For Sale
The Company had the following mortgage warehouse lines of credit and repurchase agreements (“mortgage warehouse facilities”) with various financial institutions related to Jet HomeLoans, which are used to finance mortgage loans held for sale. The borrowings under these mortgage warehouse facilities are collateralized by the mortgage loans held for sale reported on the Condensed Consolidated Balance Sheets.
The outstanding balances for each of the mortgage warehouse facilities were as follows as of the periods indicated (in thousands, except for percentages):
Outstanding Balance
Facility
As of
September 30, 2026
As of
December 31, 2025
Facility AmountInterest Rate
Warehouse A$45,805 $59,985 $100,000 
SOFR + 2.00%; floor rate of 4.50%
Warehouse B36,236 42,777 80,000 
SOFR + 1.85%
Warehouse C
29,947 44,274 100,000 
SOFR + 1.75%; floor rate of 4.50%
Warehouse D45,530 45,801 100,000 
SOFR + 2.00%
Warehouse E
7,807 — 25,000 
SOFR + 1.90%
Total$165,325 $192,837 $405,000