Quarterly report pursuant to Section 13 or 15(d)

MORTGAGE LOANS HELD FOR SALE (Tables)

v3.23.3
MORTGAGE LOANS HELD FOR SALE (Tables)
9 Months Ended
Sep. 30, 2023
Mortgage Loans Held For Sale [Abstract]  
Schedule of Reconciliation of Changes in Mortgage Loans Held for Sale to Amounts Presented in Condensed Consolidated Statements of Cash Flows A reconciliation of the changes in mortgage loans held for sale to the amounts presented in the Condensed Consolidated Statements of Cash Flows is set forth below:
Nine Months Ended
September 30,
2023 2022
Balance — beginning of period $ 845,775  $ 2,204,216 
Origination of mortgage loans held for sale 10,910,122  16,265,741 
Proceeds on sale of and payments from mortgage loans held for sale (11,067,062) (17,916,073)
Gain on sale of mortgage loans excluding fair value of other financial instruments, net 247,547  440,974 
Valuation adjustment of mortgage loans held for sale (3,611) (65,297)
Balance — end of period $ 932,771  $ 929,561