XML 58 R47.htm IDEA: XBRL DOCUMENT v3.26.1
Residential Whole Loans - Allowance for Credit Losses (Details) - Residential whole loans - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2025
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning balance $ 9,437 $ 9,705 $ 10,194 $ 10,665  
Current provision/(reversal) (62) (242) 791 145  
Write-offs 18 (26) (1,036) (616)  
Ending balance 9,393 9,437 9,949 10,194  
Non-QM loans          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Loans 5,672,020       $ 5,346,693
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning balance 1,408 1,725 1,928 2,125  
Current provision/(reversal) (116) (317) 87 (197)  
Write-offs 0 0 0 0  
Ending balance 1,292 1,408 2,015 1,928  
Business purpose loans          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Loans 2,131,029       2,443,328
Business purpose loans | Single-family rental loans          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Loans 1,154,384       1,235,346
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning balance 762 918 980 366  
Current provision/(reversal) 158 (156) (43) 614  
Write-offs 0 0 0 0  
Ending balance 920 762 937 980  
Business purpose loans | Single-family transitional loans          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Loans 655,763       718,345
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning balance 1,156 1,042 865 1,389  
Current provision/(reversal) 386 114 669 (88)  
Write-offs 0 0 (1,022) (436)  
Ending balance 1,542 1,156 512 865  
Business purpose loans | Single-family transitional loans | Collateral Dependent Methodology          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Loans 3,800   5,200    
Seasoned RPL/NPL loans          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Loans 925,157       $ 979,016
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning balance 6,111 6,020 6,421 6,785  
Current provision/(reversal) (490) 117 78 (184)  
Write-offs 18 (26) (14) (180)  
Ending balance 5,639 $ 6,111 6,485 $ 6,421  
Seasoned RPL/NPL loans | Collateral Dependent Methodology          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Loans $ 25,000   $ 31,800