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Loans Held for Sale (Tables) | 9 Months Ended
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Sep. 30, 2020
Receivables Held-for-sale [Abstract] |
Composition of Loans Held for Sale | The composition of loans held for sale as of September 30, 2020 and December 31, 2019 was as follows:
(amounts in thousands) | September 30, 2020 |  | December 31, 2019
Commercial loans: |  |  |
Multi-family loans, at lower of cost or fair value | $ | — |  |  | $ | 482,873 |
Commercial real estate non-owner occupied loans, at lower of cost or fair value | 18,366 |  |  | — |
Total commercial loans held for sale | 18,366 |  |  | 482,873 |
Consumer loans: |  |  |
Home equity conversion mortgages, at lower of cost or fair value | 1,325 |  |  | 1,325 |
Residential mortgage loans, at fair value | 6,998 |  |  | 2,130 |
Total consumer loans held for sale | 8,323 |  |  | 3,455 |
Loans held for sale | $ | 26,689 |  |  | $ | 486,328 |

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