v3.26.3
INDEMNIFIED AND REPURCHASED LOANS - Impact of indemnified and repurchased loans (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
INDEMNIFIED AND REPURCHASED LOANS          
Initial loan repurchase costs $ 235     $ 1,032 $ 322
Indemnified and repurchased loan operating costs 6,585   $ 3,526 14,119 4,744
Expected principal losses on loan repurchase ("loan repurchase losses") 570     9,184  
Fair value adjustments 55,682     55,682  
Indemnified and repurchased loan expenses, net 63,072   3,526 80,017 5,066
Provision (benefit) for loan losses (18,468)   0 (5,410) 500
Provision (benefit) for risk sharing obligations 7,851     13,603  
Other operating expenses 4,349 $ 1,500   5,887  
Other interest income (463)     (2,005)  
Total net expense impact of indemnified and repurchased loans 56,341   $ 3,526 92,092 $ 5,566
Amount UPB related to the impact on provision (benefit) for risk-sharing obligations resulting from modified loss sharing in lieu of repurchase $ 86,600     $ 86,600