Company: TIPT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001393726-25-000076
Chunk: 94

Company: TIPTREE INC.
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 94
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— 5,075 Other equity securities95,360 — 8,185 103,545 Total equity securities100,435 — 8,185 108,620 Other investments, at fair value:Corporate bonds— 3,331 — 3,331 Derivative assets— 834 2,267 3,101 Other— 21,332 — 21,332 Total other investments, at fair value— 25,497 2,267 27,764 Mortgage servicing rights (1)— — 42,611 42,611 Total$101,580 $1,203,339 $63,335 $1,368,254 Liabilities: (2)Derivative liabilities— 143 26 169 Fortegra Additional Warrants (Warburg)— — 10,958 10,958 Contingent consideration payable— — 1,779 1,779 Total$— $143 $12,763 $12,906 (1)    Included in other assets. See Note (13) Other Assets and Other Liabilities and Accrued Expenses.(2)    Included in other liabilities and accrued expenses. See Note (13) Other Assets and Other Liabilities and Accrued Expenses.

F-34

Table of ContentsTIPTREE INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial StatementsJune 30, 2025(in thousands, except share data)

Transfers between Level 2 and 3 were a result of subjecting third-party pricing on assets to various liquidity, depth, bid-ask spread and benchmarking criteria as well as assessing the availability of observable inputs affecting their fair valuation. The following table presents additional information about assets that are measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value for the following periods:    Six Months EndedJune 30, 20252024Balance at January 1,$63,335 $61,565 Net realized and unrealized gains or losses included in:Earnings(2,060)2,147 OCI— 75 Origination of IRLCs23,040 19,592 Purchases5,435 — Distributions(142)(764)Conversions to mortgage loans held for sale(21,254)(20,070)Balance at June 30,