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Loans Held for Sale
 9 Months Ended
Sep. 30, 2020
Receivables Held-for-sale [Abstract]  
Loans Held for Sale 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, 2020December 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 value18,366 — 
Total commercial loans held for sale18,366 482,873 
Consumer loans:
Home equity conversion mortgages, at lower of cost or fair value1,325 1,325 
Residential mortgage loans, at fair value6,998 2,130 
Total consumer loans held for sale8,323 3,455 
Loans held for sale$26,689 $486,328 

Effective September 30, 2020, Customers transferred $401.1 million of multi-family loans from loans held for sale to loans receivable (held for investment) because it no longer has the intent to sell these loans. Customers transferred these loans at their carrying value, which approximated their fair value at the time of transfer. Total loans held for sale as of September 30, 2020 and December 31, 2019 included NPLs of $19.7 million and $1.3 million, respectively.