Quarterly report pursuant to Section 13 or 15(d)

REVERSE MORTGAGE LOANS HELD FOR INVESTMENT

v3.23.2
REVERSE MORTGAGE LOANS HELD FOR INVESTMENT
 6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
REVERSE MORTGAGE LOANS HELD FOR INVESTMENT REVERSE MORTGAGE LOANS HELD FOR INVESTMENT
Three and Six Months Ended
June 30, 2023
Beginning balance $ — 
Originations 34,192 
Additional funding 211 
Fair value gain recognized in earnings(1)
2,306 
Ending balance $ 36,709 
Unsecuritized loans $ 36,709 
Total $ 36,709 
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(1)See further breakdown in the table below
Gain on Reverse Mortgage Loans Held for Investment
Three and Six Months Ended
June 30, 2023
Change in fair value of reverse mortgage loans held for investment $ 2,306 
Fair value gain recognized in earnings 2,306 
Gain on reverse mortgage loans held for investment $ 2,306