Mortgage Servicing Rights ("MSRs") (Tables)

9 Months Ended

Sep. 30, 2023

Disclosures Pertaining to Servicing Assets and Servicing Liabilities [Abstract]

Schedule of Changes in the Carrying Value of MSRs

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)	2023		2022		2023		2022
Fair value at beginning of the period	$	200,692	212,664		$	230,225	$	147,571
Additions from loans sold with servicing retained	9,706		13,260		23,533		38,871
Servicing rights sold	—		—		(30,170)		—
Estimate of changes in fair value due to:
Early buyout options (“EBO”) exercised	219		—		219		(176)
Payoffs and paydowns	(4,816)		(6,041)		(13,768)		(18,895)
Changes in valuation inputs or assumptions	4,723		9,788		485		62,300
Fair value at end of the period	$	210,524	$	229,671	$	210,524	$	229,671
Unpaid principal balance of mortgage loans serviced for others	$	11,885,531	$	13,925,755