Discontinued — last reported Q4 '25
Lennar Financial Services — Loans held-for-investment, net (1) decreased by 100.0% to $0.00 in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $61.04M to $0.00. Over 3 years (FY 2021 to FY 2024), Financial Services — Loans held-for-investment, net (1) shows relatively stable performance with a -2.3% CAGR.
An increase suggests a strategic shift toward retaining more interest-bearing assets, while a decrease indicates a preference for liquidity through loan sales.
Represents the net carrying value of mortgage loans originated or acquired by the financial services segment that the co...
Common in mortgage banking and financial services segments of homebuilders; comparable to 'Loans Held for Investment' at peer financial institutions.
len_segment_financial_services_loans_held_for_investment_net_1| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | 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 | $77.78M | $61.33M | $44.59M | $33.18M | $28.24M | $38.95M | $45.65M | $45.33M | $36.72M | $51.33M | $55.46M | $56.85M | $54.36M | $64.17M | $61.04M | $52.67M | $52.49M | $0.00 |
| QoQ Change | — | -21.1% | -27.3% | -25.6% | -14.9% | +37.9% | +17.2% | -0.7% | -19.0% | +39.8% | +8.1% | +2.5% | -4.4% | +18.1% | -4.9% | -13.7% | -0.4% | -100.0% |
| YoY Change | — | — | — | — | -63.7% | -36.5% | +2.4% | +36.6% | +30.0% | +31.8% | +21.5% | +25.4% | +48.0% | +25.0% | +10.1% | -7.3% | -3.4% | -100.0% |