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SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events
20.  SUBSEQUENT EVENTS
In October 2023, the Company completed and closed the securitization of residential mortgage loans, OBX 2023-NQM8, with a face value of $406.7 million. The securitization represents financing transactions which provided non-recourse financing to the Company collateralized by residential mortgage loans purchased by the Company.
In October 2023, the Company closed a new $300 million credit facility for the Company’s residential mortgage loans.
In October 2023, the Company exercised the $250 million accordion in an existing facility for financing its MSR investments.