Fair Value (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Undesignated Derivative Instruments

The fair value measurement of NVRM's undesignated derivative instruments was as follows:

	September 30, 2023		December 31, 2022
Rate lock commitments:
Gross assets	$	42,215	$	32,246
Gross liabilities	55,972		20,946
Net rate lock commitments	$	(13,757)	$	11,300
Forward sales contracts:
Gross assets	$	23,255	$	4,843
Gross liabilities	266		20,903
Net forward sales contracts	$	22,989	$	(16,060)

Fair Value Measurement

The fair value measurement as of September 30, 2023 was as follows:

	Notional or Principal Amount		Assumed Gain From Loan Sale		Interest Rate Movement Effect		Servicing Rights Value		Security Price Change		Total Fair Value Measurement
Rate lock commitments	$	2,491,104	$	7,448	$	(54,885)	$	33,680	$	—	$	(13,757)
Forward sales contracts	$	2,622,053	—		—		—		22,989		22,989
Mortgages held for sale	$	332,137	1,412		(12,783)		5,026		—		(6,345)
Total fair value measurement			$	8,860	$	(67,668)	$	38,706	$	22,989	$	2,887