v3.20.1
Real Estate Owned (Tables)
 3 Months Ended
Mar. 31, 2020
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Schedule of Real Estate Owned The following table details activity in the Company's carrying value of REO for the three-month periods ended March 31, 2020 and 2019:
 
 
Three-Month Period Ended
 
 
March 31, 2020
 
March 31, 2019
 
 
Number of Properties
 
Carrying Value
 
Number of Properties
 
Carrying Value
 
 
 
 
(In thousands)
 
 
 
(In thousands)
Beginning Balance (December 31, 2019 and January 1, 2019, respectively)
 
15

 
$
30,584

 
20

 
$
30,778

Transfers from mortgage loans
 
4

 
1,422

 
2

 
299

Capital expenditures and other adjustments to cost
 
 
 
114

 
 
 
240

Adjustments to record at the lower of cost or fair value
 
 
 
(683
)
 
 
 
(250
)
Disposals
 
(3
)
 
(6,383
)
 
(1
)
 
(64
)
Ending Balance (March 31, 2020 and March 31, 2019, respectively)
 
16

 
$
25,054

 
21

 
$
31,003