TWO Annual report pursuant to Section 13 and 15(d)

Term Notes Payable	12 Months Ended
Term Notes Payable	Dec. 31, 2020
Term Notes Payable [Abstract]
Term Notes Payable	Term Notes PayableThe debt issued in connection with the Company’s on-balance sheet securitization is classified as term notes payable and carried at outstanding principal balance, net of any unamortized deferred debt issuance costs, on the Company’s consolidated balance sheets. As of December 31, 2020 and December 31, 2019, the outstanding amount due on term notes payable was $395.6 million and $394.5 million, net of deferred debt issuance costs, with a weighted average interest rate of 2.95% and 4.59% and weighted average remaining maturities of 3.5 years and 4.5 years. At December 31, 2020 and December 31, 2019, the Company pledged MSR with a carrying value of $537.9 million and $575.1 million and weighted average underlying loan coupon of 4.03% and 4.25%, respectively, as collateral for term notes payable. Additionally, at December 31, 2020, $55.2 million of cash was held in restricted accounts as collateral for the future payment obligations of outstanding term notes payable.