Quarterly report pursuant to Section 13 or 15(d)

Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)

v3.4.0.3
Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)
3 Months Ended
Mar. 31, 2016
Residential Mortgage Loans Held-for-Investment [Abstract]  
Schedule of Residential Mortgage Loans Held-for-Investment Reconciliation [Table Text Block]
The following table presents the carrying value of the Company’s residential mortgage loans held-for-investment in securitization trusts as of March 31, 2016 and December 31, 2015:
(in thousands)
March 31,
2016
 
December 31,
2015
Unpaid principal balance
$
3,638,407

 
$
3,143,515

Fair value adjustment
67,240

 
30,212

Carrying value
$
3,705,647

 
$
3,173,727