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Mortgage Servicing Rights (Tables)
 6 Months Ended
Jun. 30, 2025
Transfers and Servicing [Abstract]  
Schedule of Activity Related to MSRs
The following table presents activity related to MSRs for the three and six months ended June 30, 2025, respectively (dollar amounts in thousands). The Company did not have MSRs during the three and six months ended June 30, 2024.

For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2025
Balance at beginning of period
$20,297 $21,003 
Changes in fair value due to:
Changes in valuation inputs or assumptions used in valuation model
(235)(582)
Other changes in fair value, including runoff
(613)(972)
Balance at end of period
$19,449 $19,449 
Schedule of Servicing Income
The following table presents the components of servicing fee income recognized during the three and six months ended June 30, 2025, respectively (dollar amounts in thousands). Servicing fee income is included in other income (loss) on the accompanying condensed consolidated statements of operations.

For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2025
Servicing fees
$1,216 $2,465 
Prepayment fees
715 1,395 
Ancillary and other fee income (1)
42 93 
Servicing fee income
$1,973 $3,953 

(1)Includes default interest and late fee collections.