Quarterly report pursuant to Section 13 or 15(d)

Loans Held for Investment, Subject to Nonrecourse Debt, at Fair Value (Tables)

v3.22.2.2
Loans Held for Investment, Subject to Nonrecourse Debt, at Fair Value (Tables)
9 Months Ended
Sep. 30, 2022
Receivables [Abstract]  
Schedule of mortgage loans held for investment subject to nonrecourse debt at fair value
Loans held for investment, subject to nonrecourse debt, at fair value, consisted of the following for the dates indicated (in thousands):
September 30, 2022 December 31, 2021
Loans held for investment, subject to nonrecourse debt - UPB:
Reverse mortgage loans $ 6,501,202  $ 5,165,479 
Commercial mortgage loans 457,525  388,788 
Fair value adjustments (217,336) 663,927 
Total loans held for investment, subject to nonrecourse debt, at fair value $ 6,741,391  $ 6,218,194 
Schedule of mortgage loans held for investment, subject to nonrecourse debt, greater than 90 days past due and on non-accrual status
The table below shows the total amount of loans held for investment, subject to nonrecourse debt, that were greater than 90 days past due and on non-accrual status (in thousands):
September 30, 2022 December 31, 2021
Loans 90 days or more past due and on non-accrual status
Fair value:
Commercial mortgage loans $ 17,255  $ 26,081 
Total fair value 17,255  26,081 
Aggregate UPB:
Commercial mortgage loans 18,234  26,472 
Total aggregate UPB 18,234  26,472 
Difference $ (979) $ (391)