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Loans Held-for-Sale, Net (Tables)
12 Months Ended
Dec. 31, 2019
Loans Held-for-Sale, Net  
Summary of loans held-for-sale, net

Loans held-for-sale, net consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

    

December 31, 2019

    

December 31, 2018

Fannie Mae

 

$

408,534

 

$

358,790

Private Label

 

 

401,207

 

 

 —

Freddie Mac

 

 

36,303

 

 

95,004

FHA

 

 

1,082

 

 

19,170

 

 

 

847,126

 

 

472,964

Fair value of future MSR

 

 

16,519

 

 

10,253

Unearned discount

 

 

(2,285)

 

 

(1,553)

Loans held-for-sale, net

 

$

861,360

 

$

481,664