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v3.23.2

Loss Reserves (Details) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2023 USD ($) loan | Jun. 30, 2022 loan | Jun. 30, 2023 USD ($) loan | Jun. 30, 2022 USD ($) loan | Dec. 31, 2022 USD ($)
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items] |  |  |  |  |
Increase (decrease) in loss reserves |  |  | $ (27,307) | $ (156,344) |
Losses incurred related to prior year notices |  |  | (100,710) | $ (186,582) |
Premium refund liability, expected claim payments | $ 23,200 |  | $ 23,200 |  | $ 25,500
Primary Delinquent Inventory [Roll Forward] |  |  |  |  |
Delinquent inventory at the beginning of period (in loans) | loan | 24,757 | 30,462 | 26,387 | 33,290 |
New notices (in loans) | loan | 10,580 | 9,396 | 21,877 | 20,099 |
Cures (in loans) | loan | (11,156) | (12,677) | (23,763) | (25,877) |
Paid claims (in loans) | loan | (348) | (319) | (659) | (641) |
Rescissions and denials (in loans) | loan | (10) | (7) | (19) | (16) |
Delinquent inventory at end of period (in loans) | loan | 23,823 | 26,855 | 23,823 | 26,855 |
$1,000 Increase/Decrease In Average Severity Reserve Factor |  |  |  |  |
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items] |  |  |  |  |
Increase (decrease) in loss reserves |  |  | $ 9,000 |  |
One Percentage Point Increase/Decrease In Average Claim Rate Reserve Factor |  |  |  |  |
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items] |  |  |  |  |
Increase (decrease) in loss reserves |  |  | 15,000 |  |
Increase (decrease) in estimated claim rate on primary defaults |  |  |  |  |
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items] |  |  |  |  |
Losses incurred related to prior year notices |  |  | (99,148) | $ (186,163) |
Change in estimates related to severity on primary defaults, pool reserves, LAE reserves, reinsurance, and other |  |  |  |  |
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items] |  |  |  |  |
Losses incurred related to prior year notices |  |  | $ (1,562) | $ (419) |

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- Definition The carrying amount for the estimate of premiums to be refunded on expected claim payments. + References No definition available. + Details
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- Definition The number of loans in the primary default inventory. + References No definition available. + Details
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- Definition Deductions from the primary default inventory resulting from loans in default being brought current. + References No definition available. + Details
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- Definition Additions to the primary default inventory resulting from new notices of defaulted loans. + References No definition available. + Details
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- Definition Deductions from the primary default inventory resulting from claims being paid, including those charged to a deductible or captive. + References No definition available. + Details
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- Definition Deductions from the primary default inventory resulting from rescissions and denials. + References No definition available. + Details
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
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- Definition Amount of increase (decrease) in liability to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 + Details
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- Definition Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred in prior reporting periods and related claims settlement costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480081/944-40-50-3 + Details
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