and everyone, Chris, good you, for thank the afternoon, words. Good evening, Chris. kind Thanks,
those different story. a that's had say X, things, On enough I for but Of Slide production. course, to pay to loan all him
As billion six $XXX strong all compared $X loan year. had We production a XX months have months production. for only for about last is of $X.X little the Chris mentioned, we over which a XXXX, half the fundings billion first to of in year, very for increase XXX% this million
So, we're six $X billion at for months, for seeing still demand we're product. our strong very
million We have funded $XXX in QX.
applications As raising seeing that interest maintain a kind loans, been to the on our keep bit we've we're the with new our finance seen we've WACs rates little to our up of on side spread. that loan
moment. You see a in that just
actually from that the new basis average in we up QX. points new after production, were and XXX even raising our had originations weighted originations WACs our our QX So, on coupons QX,
in rates the we've still the strong So, six been in, and production good, aggressively and raising year. QX of months in first seeing the coming again
into to putting So, growing that. that most is of slide in-place accordingly. our portfolio portfolio, happy very portfolio six, On the see loan with lot We're comes our the production strong, our in spread.
X.XX% of was showing from June first billion, billion XX% just demand Our the up portfolio product. of And average the quarter. $X.X the coupon Again, X.XX%, end strong of last year-over-year compared very, June X% was $X.X at total from to as loan for year. end the QX for very our that's of that's up the and and weighted up
interest the more we're the in and rates the grow margin, seeing interest still in on On the NIM. return a we're our raising the financing rates, normalized coupon significantly. getting able So, to what the slide again, is up net getting the portfolio to side volume and to rising , levels offset of
we year, of because as a debt the of you quarter you previous last back up interest, said was had prepayment page, inflated. it down. were that, consistently higher getting margins can getting million. NPL to was default We're bringing go rate And lot second $XXX the margin If some on the kind calls, we're penalties we of in see at
sustainable have we a run while of feel doing we're normal We are yield that coming interest to And you come down, spreads. like at as the our because good will But point default prepayment see our still around look back has through of NPL normalizing started that. normalize we're our fees over not significantly kind was that, rate we to and the haul our long So, kind really loans And run and normally margins. yield about margin. four we're maintaining take rate that. non-performing in resolved, a
I yield higher, If portfolio you the can higher the funds, see our financing you the the going very gone costs of to second WACs play as and debt right-hand the down the charging of side. interest lowered WAC of and we've a cost page almost immediately resolution maintaining of we see quarter lot the through still on XXXX QX X.XX%. into can of were came rates look first throughout. into to eight, back last that more year, QX as QX and been And back loans half in side, the we QX keep activity. yield were came asset kind you as that the at you the still of go our now when at rates on course, on up were spread loans that spread and have rates as we've maintaining Again, into increased On XXXX, on said, loans, aggressive interest
resolution. that's $XX see on a strong an to UPB continue QX, gain, in resolutions for million on gain million NPL our for We a resolutions $X.X XX-point
it gain run million, about XX you see on even the large the paid where you we've resolution things for Chris $X that for we last brought of resolutions some is those, happening side in up in In states three gain. smaller And and $XX couple historically, did a the if were loan of some where loans. gain QX, sell Chris activity point about in million then our there. of full both million we years to in two top, at loans the $XX in of $X.X to mentioned, those in full a NPL years REOs settle as those probably QX. paid year, judicial and was UPB point was takes reason look a mentioned, for a at million the and foreclosure long-term so gain, gain half, four for the up QX So, it And as that's loans, around that some X.X QX of but in
interest default got four-point coming through. the network tacked of Some whole it's accruing are on, not that's those time we've closure and process. remember, And that a finally
loans the front So lose the they on and as paying now getting the borrowers we're foreclose can to properties, don't want off are these those we because property.
and they're off. have coming kings paying seeing these to all default pay They come a they why loans, that's portfolio to thing growth in-place those that interest earnings seeing too. have on out off up big is diluted that maintaining you're one as in spread, And with not we're And that production, core with of it share. but through. per to So lot point in growth great slide, this the
not it for QX. EPS saw a $X.XX diluted Year-to-date, year-to-date, You a for six first $X.XX months 'XX. core was on our slide, share of the which share versus of was $X.XX the
year-over-year a seen in per six over XX% share. we've diluted or core months, earnings six increase So months that
investment at continues On that slide, remember, the as the QX 'XX. down. we compares we're performance. all loan And strong QX portfolio with ended NPL rate I next of we're as that resolutions XX.X% an high rate XX.X%. end as XXXX, at year-over-year We mentioned, to X.X% were that nonperforming comparison of come at the And the to where doing,
QX loans we've very and the that's those of even these the been same And we you because strategy in-house servicing getting all the four department. take that off having of point the very, allows or again and So those results them mainly It nonperforming resolutions really can pay of to a able making work borrowers or in-house kind performing kind down our saw to resolutions. current, charge really of to or very gain pays assets, very, special way own XX see us with pay time you get and feel successful in the at by here. still resolve on about points loans good
it loan on That's reserve loss points in remains bottom basis chart. our CECL of reserve of terms of left-hand or In kind of terms very reserve, consistent the in UPB.
kind XX and we're of We knowing You we reserves 'XX. on XX, there, out COVID uncertainties had not were back of the evening additional right points. see XX bps kind QX around the now basis in that of of
X.X% a of of and dollars, quarter result as total the terms we increase is of $X.X from the growth increase ended portfolio. last and at In year, June which that's a QX from really the of million, XX% just a
the the spread, our and accordingly. of right-hand on of the going dollars maintaining you grows basis to see XX The portfolio charge-offs. XX, point in-place our side As a you're the point key bottom, reserves grow is, are
consistently low, has historical charge-offs too. been that's Our running and
charge-offs you with $XXX,XXX it's If recent the in look $XX,XXX. the have charge-offs this quarters, been about four average quarter, most at loan last -- at coming under quarter a
good So margin resolutions, charge-offs, NPL very rate coming kind widely kind gain a environment. moving in again, strong very our very and low of interest rate maintaining of down,
good far a year. feel high durable we're in four this of about liquidity already did we think our Chris, I XXXX. page and headed So most of where XX, so very securitizations funding kind We the On and strategy. hit points there. results
in six on we QX. we think and four did securitizations all were Three four during bring I those last year, months. of
investor We're for market. securitizations the April, did actually there. done, in June and having pretty securitizations the kind getting that's show of we no widely a which So just to product the moving out again problem May demand goes
deal far we as collapse the feel as did really of back was expensive. QX. we're as that million older is sequential securitizations the about almost -- gets structure deals. down, securitizations. more old that. with these we’ve structure, sorry, able of yes, this We good and couple And was structure which in a which sequential sequential One, worth couple things pays to million of it year, $XXX So a of One XXXX, $XXX issued seen
the then structure COVID yield at at a collateral So only old that get And XX% deal kind MCX, able in July it in actually was of, did collapse pro our in and that advance rate. and of back to that re-securitize mix we higher the the cost. securitization the of XXXX, a We're heat deal. lower rata and liquidity, was to
the the So down, And equity paid in as deal. we able Chris up of was it we growing, almost right kept rate had -- went kind take lot went just liquidity, a all like a to quite our were and bit equity up, bondholders, and equities of advance XX% them turbo, payments as a that a collateral that down deleverage our we generate and and of mentioned. tied to because
doing deals, million balance ending and are any quarter of in million the another liquidity the that off So being loans with draw in about $XXX million second you put on $XX available on we're able sheet the that to that we cash unfinanced, up those time then see of. $XX the at that liquidity, and can lines
lending So And to raised good the we liquidity feel about our capacity really ending maximum $XXX our position the quarter. we million $XXX warehouse as Chris million. of from mentioned,
there million portfolio and production So again growing. $XXX the is the capacity, growing we see as
with value Chris over equity. that, economic So to the back of it turn go to I'll
