Annual report pursuant to Section 13 and 15(d)

HMBS Related Obligations, at Fair Value

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HMBS Related Obligations, at Fair Value
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
HMBS Related Obligations, at Fair Value
14. HMBS Related Obligations, at Fair Value
HMBS related obligations, at fair value, consisted of the following (in thousands):
December 31, 2023 December 31, 2022
Ginnie Mae loan pools - UPB $ 16,875,437  $ 10,719,000
Fair value adjustments 478,283  277,755
Total HMBS related obligations, at fair value $ 17,353,720  $ 10,996,755
Weighted average remaining life (in years) 4.1 4.0
Weighted average interest rate 6.6  % 5.0  %
The Company was servicing 2,552 and 2,004 Ginnie Mae loan pools at December 31, 2023 and December 31, 2022, respectively.