v3.26.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Revolving Credit Facilities and Lines of Credit The following table summarizes certain details related to our outstanding master repurchase agreements as of the dates presented (in millions, except interest rates):
LenderMaturity Date
Maximum Borrowing Capacity(1)
Outstanding Borrowings at September 30, 2026
Outstanding Borrowings at December 31, 2025
Weighted-Average Interest Rate at September 30, 2026
UBS AG (2)
September 2, 2027$200 $109 $85 5.45 %
JPMorgan Chase Bank, N.A.(3)
April 22, 2027200 106 126 5.42 %
Bank of Montreal (4)
February 24, 2027200 99 88 5.45 %
Bank of Nova Scotia (5)
June 4, 2027150 78 65 5.32 %
Total$750 $392 $364 
(1) Available borrowing capacity under our master repurchase agreements is primarily uncommitted.
(2) Agreement was amended and renewed on September 3, 2026 to increase the total maximum borrowing capacity from $150 million to $200 million and to extend the maturity date to September 2, 2027.
(3) Agreement was amended and renewed on April 23, 2026 to extend the maturity date to April 22, 2027.
(4) Agreement was amended and renewed on February 25, 2026 to increase the total maximum borrowing capacity from $150 million to $200 million and to extend the maturity date to February 24, 2027.
(5) Agreement was amended and renewed on June 5, 2026 to increase the total maximum borrowing capacity from $100 million to $150 million and to extend the maturity date to June 4, 2027.