Quarterly report pursuant to Section 13 or 15(d)

Residential Mortgage Loans Held-for-Sale, at Fair Value (Tables)

v3.5.0.2
Residential Mortgage Loans Held-for-Sale, at Fair Value (Tables)
9 Months Ended
Sep. 30, 2016
Residential Mortgage Loans Held-for-Sale [Abstract]  
Schedule of Residential Mortgage Loans Held-for-Sale Reconciliation [Table Text Block]
The following table presents the carrying value of the Company’s residential mortgage loans held-for-sale as of September 30, 2016 and December 31, 2015:
(in thousands)
September 30,
2016
 
December 31,
2015
Unpaid principal balance
$
720,609

 
$
812,661

Fair value adjustment
2,565

 
(1,230
)
Carrying value
$
723,174

 
$
811,431