Allowance for Loss-Sharing Obligations (Tables)

12 Months Ended

Dec. 31, 2021

Allowance for Loss-Sharing Obligations

Schedule of allowance for loss-sharing obligations related to Fannie Mae DUS program

Our allowance for loss-sharing obligations related to the Fannie Mae DUS program is as follows (in thousands):

	Year Ended December 31,
	2021		2020
Beginning balance	$	64,303	$	34,648
Impact of adopting CECL - January 1, 2020		—		14,406
Provisions for loss sharing		44		16,379
Provisions reversal for loan repayments		(6,211)		(1,557)
Recoveries (charge-offs), net		(2,072)		427
Ending balance	$	56,064	$	64,303