REAL ESTATE OWNED, NET (Tables)

9 Months Ended

Sep. 30, 2021

Real Estate [Abstract]

Schedule of Changes in Real Estate Owned, Net of Valuation Adjustments

The following table presents the changes in REO for the three and nine months ended September 30, 2021 and 2020 (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Balance, beginning of the period	$	763	$	2,400	$	816	$	814
Additions from loan foreclosures	89		—		512		1,588
Proceeds from dispositions of REO	—		(707)		(783)		(805)
Gain on sale of REO	—		120		307		216
Valuation adjustments in the period	—		(18)		—		(18)
Balance, end of the period	$	852	$	1,795	$	852	$	1,795