Quarterly report pursuant to Section 13 or 15(d)

HMBS Related Obligations, at Fair Value (Tables)

v3.23.3
HMBS Related Obligations, at Fair Value (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Summary of HMBS related obligations, at fair value
HMBS related obligations, at fair value, consisted of the following (in thousands):
September 30, 2023 December 31, 2022
Ginnie Mae loan pools - UPB $ 16,522,369  $ 10,719,000
Fair value adjustments 455,799  277,755
Total HMBS related obligations, at fair value $ 16,978,168  $ 10,996,755
Weighted average remaining life (in years) 3.9 4.0
Weighted average interest rate 6.4  % 5.0  %