v3.26.3
Note 3 - Residential Mortgage Loans - at Fair Value (Tables)
9 Months Ended
Sep. 30, 2026
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

 

 

September 30,

 

 

 

2026

 

Acquisition cost

 

$

88,269,183

 

 

 

 

 

​

Unpaid principal balance

 

$

92,240,090

 

Net discount on mortgage loans purchased

 

 

(3,596,303

)

Change in fair value

 

 

(4,159,376

)

Fair Value

 

$

84,484,411

 

 

 

 

 

​

Weighted average interest rate

 

 

6.03

%

 

 

 

 

​

Weighted average remaining contractual maturity (years)

 

 

27.5

 

Financing Receivable, Past Due [Table Text Block]

 

 

September 30,

 

 

 

2026

 

Number of mortgage loans 90 or more days past due

 

 

4

 

Recorded investment in mortgage loans 90 or more days past due

 

$

2,594,560

 

Unpaid principal balance of loans 90 or more days past due

 

$

2,714,898

 

 

 

 

 

 

Number of mortgage loans in foreclosure

 

 

6

 

Recorded investment in mortgage loans in foreclosure

 

$

3,154,592

 

Unpaid principal balance of loans in foreclosure

 

$

3,154,742