HMBS Related Obligations, at Fair Value (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Summary of HMBS related obligations, at fair value

HMBS related obligations, at fair value, consisted of the following (in thousands):

	December 31, 2022			December 31, 2021
Ginnie Mae loan pools - UPB	$	10,719,000		$	9,849,835
Fair value adjustments	277,755			572,523
Total HMBS related obligations, at fair value	$	10,996,755		$	10,422,358
Weighted average remaining life (in years)	4.0			4.6
Weighted average interest rate	5.0		%	2.5		%