XML 63 R53.htm IDEA: XBRL DOCUMENT v3.25.1
Loans and Investments - Schedule of Loan Modifications (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty $ 949,830 $ 88,100
UPB of loan modifications made during 2024 $ 949,800  
Financing receivable, modified in period, percentage of total investment portfolio 8.27% 14.40%
Financing receivable, specific reserve $ 5,200 $ 17,000
Deferred interest 3,800  
Deferred interest for loans previously modified 9,100  
Accumulated deferred interest 74,200  
UPB of loan modifications made during 2024   $ 1,760,000
Payment Deferral, With Or Without Term Extensions    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty $ 849,365  
Weighted average pay rate 5.18% 6.96%
Deferred rate 2.56% 2.09%
Other    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty $ 100,465  
Extended Maturity    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty $ 108,700  
Financing receivable modified, weighted average term increase from modification 19 months 18 days 9 months 9 days
Payment Deferral And Pay Rate Increase From Time-To-Time    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty $ 470,300  
Specific Reserve    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty 25,500  
Contractual Interest Rate Reduction, Without Term Extensions    
Financing Receivable, Modified [Line Items]    
Weighted average interest rate reduction   0.72%
Extended Maturity, 23 Months    
Financing Receivable, Modified [Line Items]    
Financing receivable modified, weighted average term increase from modification   23 months
Multifamily    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty 933,340 $ 1,763,867
Multifamily | Payment Deferral, With Or Without Term Extensions    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty 849,365 1,071,069
Multifamily | Other    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty 83,975 217,850
Multifamily | Extended Maturity    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty   456,548
Multifamily | Contractual Interest Rate Reduction, Without Term Extensions    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty   18,400
Multifamily | Extended Maturity, 23 Months    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty   $ 671,000
Single-Family Rental    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty 16,490  
Single-Family Rental | Payment Deferral, With Or Without Term Extensions    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty 0  
Single-Family Rental | Other    
Financing Receivable, Modified [Line Items]    
UPB of loan modifications, borrowers experiencing financial difficulty $ 16,490