MORTGAGE LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands |
3 Months Ended | |
|---|---|---|
Mar. 31, 2024 |
Mar. 31, 2023 |
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| Mortgages Held For Sale [Roll Forward] | ||
| Balance — beginning of period | $ 901,227 | $ 845,775 |
| Origination of mortgage loans held for sale | 3,605,155 | 2,700,053 |
| Proceeds on sale of and payments from mortgage loans held for sale | (3,454,907) | (2,745,778) |
| Gain on sale of mortgage loans excluding fair value of other financial instruments, net | 81,092 | 50,882 |
| Valuation adjustment of mortgage loans held for sale | (6,408) | 7,382 |
| Balance — end of period | $ 1,126,159 | $ 858,314 |
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- Definition Mortgages Held For Sale No definition available.
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- Definition The gains (losses) included in earnings that represent the difference between the sale price and the carrying value of loans made to finance real estate acquisitions. This element refers to the gain (loss) and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in the value of mortgage loans that are held with the intention to sell or be securitized in the near future. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Fair value portion of mortgage loans held-for-sale. No definition available.
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- Definition The amount of cash paid for the origination of mortgages that are held for sale. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash inflow from sales of loans that are secured with real estate mortgages and are held with the intention to resell in the near future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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