Forward MSR-Related Investments (Tables)

3 Months Ended

Mar. 31, 2024

Receivables [Abstract]

MSR Financing Receivables

The following table presents activity related to Company’s investments in Forward MSR-related investments for the three month-period ended March 31, 2024. The Company did not hold Forward MSR-related investments during the three-month period ended March 31, 2023.

(In thousands)	Three-Month Period Ended March 31, 2024
Forward MSR-related investments, at fair value, beginning balance	$	163,336
Capital investments	—
Distributions	(8,537)
Accretion of interest income	3,597
Change in unrealized gain (loss)	1,613
Forward MSR-related investments, at fair value, ending balance	$	160,009