MORTGAGE SERVICING RIGHTS (Tables)

6 Months Ended

Jun. 30, 2019

Transfers and Servicing [Abstract]

Presentation of Activity Related to MSR

The following table presents activity related to MSRs for the three and six months ended June 30, 2019 and 2018:

 

	Three Months Ended						Six Months Ended
	June 30, 2019			June 30, 2018			June 30, 2019			June 30, 2018
	(dollars in thousands)
Fair value, beginning of period	$	500,745		$	596,378		$	557,813		$	580,860
Change in fair value due to:
Changes in valuation inputs or assumptions (1)	(55,749		)	22,578			(98,838		)	59,252
Other changes, including realization of expected cash flows	(19,668		)	(19,942		)	(33,647		)	(41,098		)
Fair value, end of period	$	425,328		$	599,014		$	425,328		$	599,014
(1)     Principally represents changes in discount rates and prepayment speed inputs used in valuation model, primarily due to changes in interest rates.