Quarterly report pursuant to Section 13 or 15(d)

Mortgage Loans Held for Sale (Tables)

v3.21.2
Mortgage Loans Held for Sale (Tables)
9 Months Ended
Sep. 30, 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:
Nine Months Ended September 30,
2021 2020
Balance — beginning of period $ 2,368,777  $ 1,504,842 
Origination of mortgage loans held for sale 28,192,471  24,657,750 
Proceeds on sale of payments from mortgage loans held for sale (29,847,321) (24,873,813)
Mortgage loans acquired (see Note 3) 465,020  — 
Gain on sale of mortgage loans excluding fair value of other financial instruments, net 1,019,439  897,467 
Valuation adjustment of mortgage loans held for sale (59,040) 52,904 
Balance — end of period $ 2,139,346  $ 2,239,150