Mortgage Servicing Rights ("MSRs") (Tables)

9 Months Ended

Sep. 30, 2021

Disclosures Pertaining to Servicing Assets and Servicing Liabilities [Abstract]

Schedule of Servicing Assets at Fair Value

The following is a summary of the changes in the carrying value of MSRs, accounted for at fair value, for the periods indicated:

	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
(In thousands)	2021		2020		2021		2020
Balance at beginning of the period	$	127,604	$	77,203	$	92,081	$	85,638
Additions from loans sold with servicing retained	15,546		20,936		57,674		50,734
Estimate of changes in fair value due to:
Early buyout options (“EBO”) exercised	(116)		(367)		(518)		(367)
Payoffs and paydowns	(8,594)		(7,863)		(27,302)		(23,557)
Changes in valuation inputs or assumptions	(888)		(3,002)		11,617		(25,541)
Fair value at end of the period	$	133,552	$	86,907	$	133,552	$	86,907
Unpaid principal balance of mortgage loans serviced for others	$	12,720,126	$	10,139,878