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Home Equity Investments (HEI) (Tables) | 3 Months Ended
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Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract] |
Schedule Of Home Equity Investments | The following table presents our HEI at March 31, 2025 and December 31, 2024. Table 10.1 – Home Equity Investments
(In Thousands) |  | March 31, 2025 |  | December 31, 2024
Unsecuritized HEI |  | $ | 262,405 |  |  | $ | 257,315 |
HEI held at consolidated HEI securitization entities |  | 337,981 |  |  | 332,470 |
Total Home Equity Investments |  | $ | 600,386 |  |  | $ | 589,785 |
Schedule Of Activity of Home Equity Investments | The following table details our HEI activity during the three months ended March 31, 2025 and 2024. Table 10.2 – Activity of HEI
|  | Three Months Ended March 31, 2025 |  | Three Months Ended March 31, 2024
(In Thousands) |  | Unsecuritized HEI |  | Securitized HEI |  | Unsecuritized HEI |  | Securitized HEI
Fair value of HEI purchased and originated |  | $ | 1,834 |  |  | $ | — |  |  | $ | 307 |  |  | $ | — |
Net market valuation gains recorded |  | 7,136 |  |  | 11,912 |  |  | 6,143 |  |  | 15,424 |
Schedule of Components of HEI Income, Net | Table 10.3 – Components of HEI Income, net
(In Thousands) |  | Three Months Ended March 31, 2025 |  | Three Months Ended March 31, 2024
Net market valuation gains recorded on Unsecuritized HEI |  | $ | 7,136 |  |  | $ | 6,143 |
Net market valuation gains recorded on Securitized HEI |  | 11,912 |  |  | 15,424 |
Net market valuation (losses) recorded on ABS Issued from HEI securitizations (1) |  | (3,769) |  |  | (7,409) |
Net market valuation (losses) recorded on non-controlling interests in HEI securitizations |  | (5,208) |  |  | (5,127) |
Other |  | 95 |  |  | $ | 55 |
Total HEI income, net |  | $ | 10,166 |  |  | $ | 9,086 |
(1)Amount includes interest expense associated with ABS issued, which totaled $3 million for the three months ended March 31, 2025 and 2024, respectively.

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