Lennar Lennar Financial Services — Loans held-for-investment, net increased by 16.2% to $61.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $61.00M to $61.00M.
An increase suggests a shift toward holding more interest-bearing assets, while a decrease indicates a strategy of selling loans to secondary markets to generate immediate cash.
This represents the net value of mortgage loans originated by the company that are retained on the balance sheet rather...
Common among homebuilders with captive mortgage subsidiaries, comparable to mortgage banking segments at peers like D.R. Horton.
len_segment_lennar_financial_services_loans_held_for_investment_net| Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $45.64M | $45.33M | $36.72M | $51.33M | $55.46M | $56.85M | $54.36M | $64.00M | $61.00M | $52.67M | $52.49M | $61.00M |
| QoQ Change | — | -0.7% | -19.0% | +39.8% | +8.1% | +2.5% | -4.4% | +17.7% | -4.7% | -13.6% | -0.4% | +16.2% |
| YoY Change | — | — | — | — | +21.5% | +25.4% | +48.0% | +24.7% | +10.0% | -7.3% | -3.4% | +0.0% |