Annual report pursuant to Section 13 and 15(d)

Residential Mortgage Loans Held-for-Sale, at Fair Value (Tables)

v3.6.0.2
Residential Mortgage Loans Held-for-Sale, at Fair Value (Tables)
12 Months Ended
Dec. 31, 2016
Residential Mortgage Loans Held-for-Sale [Abstract]  
Schedule of Residential Mortgage Loans Held-for-Sale Reconciliation [Table Text Block]
The following table presents the carrying value of the Company’s residential mortgage loans held-for-sale as of December 31, 2016 and December 31, 2015:
(in thousands)
December 31,
2016
 
December 31,
2015
Unpaid principal balance
$
49,986

 
$
812,661

Fair value adjustment
(9,840
)
 
(1,230
)
Carrying value
$
40,146

 
$
811,431