Commitment and Contingencies (Details) - USD ($) |
6 Months Ended | 12 Months Ended |
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Jun. 30, 2023 |
Dec. 31, 2022 |
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Equal or greater than | ||
Commitments and Contingencies [Line Items] | ||
Outstanding principal balance of HECM is equal to or greater than MCA (in percent) | 98.00% | |
Outstanding principal balance is equal to or greater than MCA (in percent) | 98.00% | |
Loan purchase commitments ("LPC") | ||
Commitments and Contingencies [Line Items] | ||
Long-term purchase commitment | $ 9,200,000 | $ 1,700,000 |
Loan origination commitments | ||
Commitments and Contingencies [Line Items] | ||
Long-term purchase commitment | 8,700,000 | 133,600,000 |
HECM loans | ||
Commitments and Contingencies [Line Items] | ||
Unfunded loan commitments | 4,600,000,000 | 3,100,000,000 |
Fix and flip loans | ||
Commitments and Contingencies [Line Items] | ||
Unfunded loan commitments | 50,800,000 | 128,900,000 |
Agricultural loans | ||
Commitments and Contingencies [Line Items] | ||
Unfunded loan commitments | $ 2,600,000 | $ 26,700,000 |
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- Definition Commitments and Contingencies [Line Items] No definition available.
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- Definition Percentage of outstanding principal balance is equal to or greater than MCA. No definition available.
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- Definition Percentage of outstanding principal balance of HECM is equal to or greater than MCA. No definition available.
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- Definition Amount of contractual obligation, including, but not limited to, long-term debt, lease obligation, purchase obligation, and other commitments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The minimum amount the entity agreed to spend under the long-term purchase commitment. No definition available.
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