Quarterly report [Sections 13 or 15(d)]

ADVANCES, NET (Tables)

v3.25.3
ADVANCES, NET (Tables)
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Schedule of Advances Net
Advances, net consisted of the following:
(in thousands)
 September 30,
2025		 December 31,
2024
Trust advances $ 31,400  $ 65,048 
Foreclosure advances
 53,145  25,761 
Foreclosure loss reserve
 (8,065) (5,286)
Total advances, net $ 76,480  $ 85,523 
Schedule of Activity of the Foreclosure Loss Reserve The activity of the foreclosure loss reserve was as follows:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
(in thousands)
 2025 2024 2025 2024
Balance — beginning of period $ 7,273  $ 4,807  $ 5,286  $ 5,694 
Provision for foreclosure losses 1,148  613  4,641  509 
Realized losses, net
 (356) (526) (1,862) (1,309)
Balance — end of period $ 8,065  $ 4,894  $ 8,065  $ 4,894