Annual report pursuant to Section 13 and 15(d)

MORTGAGE LOANS HELD FOR SALE (Tables)

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MORTGAGE LOANS HELD FOR SALE (Tables)
12 Months Ended
Dec. 31, 2023
Mortgage Loans Held For Sale [Abstract]  
Summary 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 MLHS to the amounts presented in the Consolidated Statements of Cash Flows for the years ended December 31, 2023 and 2022 is set forth below:
2023 2022
Balance at the beginning of period $ 845,775  $ 2,204,216 
Origination of mortgage loans held for sale 14,193,944  19,220,547 
Proceeds on sale of and payments from mortgage loans held for sale (14,504,592) (21,062,670)
Gain on sale of mortgage loans excluding fair value of other financial instruments, net
336,245  528,243 
Valuation adjustment of mortgage loans held for sale 29,855  (44,561)
Balance at the end of period $ 901,227  $ 845,775