Quarterly report pursuant to Section 13 or 15(d)

Mortgage Loans Held for Sale (Tables)

v3.21.1
Mortgage Loans Held for Sale (Tables)
3 Months Ended
Mar. 31, 2021
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 mortgage loans held for sale to the amounts presented in the Condensed Consolidated Statements of Cash Flows is set forth below:
Three Months Ended March 31,
2021 2020
Balance at the beginning of period $ 2,368,777  $ 1,504,842 
Origination of mortgage loans held for sale 9,815,270  5,620,167 
Proceeds on sale of payments from mortgage loans held for sale (10,131,643) (5,561,492)
Gain on sale of mortgage loans excluding fair value of other financial instruments, net 355,157  170,948 
Valuation adjustment of mortgage loans held for sale (61,634) 31,025 
Balance at the end of period $ 2,345,927  $ 1,765,490