Quarterly report pursuant to Section 13 or 15(d)

Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)

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Residential Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)
9 Months Ended
Sep. 30, 2015
Residential Mortgage Loans Held-for-Investment [Abstract]  
Schedule of Residential Mortgage Loans Held-for-Investment Reconciliation [Table Text Block]
The following table presents the carrying value of the Company’s residential mortgage loans held-for-investment in securitization trusts as of September 30, 2015 and December 31, 2014:
(in thousands)
September 30,
2015
 
December 31,
2014
Unpaid principal balance
$
2,936,810

 
$
1,699,748

Fair value adjustment
41,776

 
44,998

Carrying value
$
2,978,586

 
$
1,744,746