Quarterly report pursuant to Section 13 or 15(d)

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

v3.7.0.1
Residential Mortgage Loans Held-for-Sale, at Fair Value (Tables)
3 Months Ended
Mar. 31, 2017
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 March 31, 2017 and December 31, 2016:
(in thousands)
March 31,
2017
 
December 31,
2016
Unpaid principal balance
$
40,912

 
$
49,986

Fair value adjustment
(8,226
)
 
(9,840
)
Carrying value
$
32,686

 
$
40,146