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Mortgage Loans Held-for-Sale (Notes)
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Dec. 31, 2011
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| Mortgage Loans Held-for-Sale [Text Block] |
Mortgage Loans Held-for-Sale, at Fair Value
Mortgage loans held-for-sale consists of residential mortgage loans carried at fair value as a result of a fair value option election. The following table presents the carrying value of the Company's mortgage loans held-for-sale as of December 31, 2011 and December 31, 2010:
At December 31, 2011, the Company pledged mortgage loans with a carrying value of $5.8 million as collateral for repurchase agreements. See Note 11 - Repurchase Agreements.
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- Definition
Disclosure of the carrying amount of mortgage loans to individuals not classified as held for investment but are held-for-sale. No definition available.
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