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Net Interest Income
 6 Months Ended
Jun. 30, 2025
Banking and Thrift, Interest [Abstract]  
Net Interest Income
22. Net Interest Income

The following table details the components of the Company's interest income and interest expense for the three and six months ended June 30, 2025 and 2024, respectively (dollar amounts in thousands):

For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
2025202420252024
Interest income
Residential loans
Residential loans$7,639 $11,798 $18,658 $23,486 
Consolidated SLST11,890 9,154 22,630 17,281 
Residential loans held in securitization trusts45,977 30,101 89,218 57,032 
Total residential loans65,506 51,053 130,506 97,799 
Investment securities available for sale71,492 35,450 132,541 68,354 
Multi-family loans2,176 2,669 4,756 5,311 
Other1,727 1,603 2,833 3,202 
Total interest income140,901 90,775 270,636 174,666 
Interest expense
Repurchase agreements56,022 41,580 108,513 80,733 
Collateralized debt obligations
Consolidated SLST8,429 6,752 15,393 12,553 
Residential loan securitizations32,855 20,652 63,180 39,027 
Non-Agency RMBS re-securitization
1,265 — 2,555 — 
Total collateralized debt obligations42,549 27,404 81,128 51,580 
Senior unsecured notes4,928 1,676 9,545 3,302 
Subordinated debentures955 1,071 1,905 2,144 
Total interest expense104,454 71,731 201,091 137,759 
Net interest income$36,447 $19,044 $69,545 $36,907