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LOANS (Tables)
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Schedule of Loans Held for Sale and Other Receivables
The following table summarizes loans held by the Company at September 30, 2025 and December 31, 2024:
September 30, 2025December 31, 2024
UPB
Carrying Value(A)
Loan CountUPB
Carrying Value(A)
Loan Count
Loans Held for Sale
HELOC loans$311,672 $323,184 6,191 $359,155 $366,154 4,582 
Personal loans(B)
63,185 62,935 645 24,975 24,975 233 
Other(C)
3,015 2,913 173 4,977 4,793 326 
Total$377,872 $389,032 7,009 $389,107 $395,922 5,141 
(A)    The Company records loans at fair value. See Note 12 for additional information regarding the valuation of these assets.
(B)    Loans collateralized by digital assets.
(C)    Primarily contains legacy mortgages and other unsecured loans.
Schedule of Past Due Aggregate Carrying Value of Loans Held
The following table summarizes the past due status and difference between the aggregate UPB and the aggregate carrying value of loans held by the Company at September 30, 2025 and December 31, 2024.
September 30, 2025December 31, 2024
Payment DelinquencyUPB
Carrying Value(A)
Carrying Value(A) Over (Under) UPB
UPB
Carrying Value(A)
Carrying Value(A) Over (Under) UPB
Loans Held for Sale
Current$360,044 $371,990 $11,946 $373,876 $383,551 $9,675 
30 to 59 days3,998 3,800 (198)3,535 3,170 (365)
60 to 89 days2,362 2,332 (30)2,440 2,125 (315)
90 days or more11,088 10,557 (531)8,548 6,411 (2,137)
Forbearance380 353 (27)708 665 (43)
Total$377,872 $389,032 $11,160 $389,107 $395,922 $6,815 
(A)    The Company records loans at fair value. See Note 12 for additional information regarding the valuation of these assets.
Schedule of Loans Held for Sale
The following table summarizes activities involving the Company’s loans for the nine months ended September 30, 2025 and 2024:
Loans held for saleLoans held for investment
Balance at December 31, 2023$255,516 $61,337 
Transfers from Held for Investment to Held for Sale4,959 (4,959)
Purchases1,566,219 1,781 
Originations2,409,864 — 
Sales, net of repurchases(3,466,079)— 
Principal payments(324,043)(10,734)
Change in fair value(A)
16,461 6,104 
Loans not yet repurchased5,245 — 
Balance at September 30, 2024$468,142 $53,529 
Balance at December 31, 2024$395,922 $— 
Purchases2,221,013 — 
Originations2,561,856 — 
Sales, net of repurchases(4,466,689)— 
Principal payments(324,568)— 
Change in fair value(A)
656 — 
Loans not yet repurchased842 — 
Balance at September 30, 2025$389,032 $— 
(A)    Change in fair value of loans are reflected in “Gain on sale of loans, net” in the Condensed Consolidated Statements of Operations.