Quarterly report pursuant to Section 13 or 15(d)

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

v3.8.0.1
Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)
9 Months Ended
Sep. 30, 2017
Residential Mortgage Loans Held-for-Investment [Abstract]  
Schedule of Residential Mortgage Loans Held-for-Investment Reconciliation
The following table presents the carrying value of the Company’s residential mortgage loans held-for-investment in securitization trusts as of September 30, 2017 and December 31, 2016:
(in thousands)
September 30,
2017
 
December 31,
2016
Unpaid principal balance
$
2,948,349

 
$
3,234,044

Fair value adjustment
82,842

 
37,273

Carrying value
$
3,031,191

 
$
3,271,317