Quarterly report pursuant to Section 13 or 15(d)

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

v3.5.0.2
Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2016 and December 31, 2015:
(in thousands)
September 30,
2016
 
December 31,
2015
Unpaid principal balance
$
3,499,285

 
$
3,143,515

Fair value adjustment
120,752

 
30,212

Carrying value
$
3,620,037

 
$
3,173,727