Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2022

Commitments and Contingencies

Schedule of rollforward of claims activity for loans put-back to the mortgage origination segment

The following tables provide for a rollforward of claims activity for loans put-back to the mortgage origination segment based upon an alleged breach of a representation or warranty with respect to a loan sold and related indemnification liability reserve activity (in thousands).

	Representation and Warranty Specific Claims
	Activity - Origination Loan Balance
	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Balance, beginning of period	$	28,715	$	32,763	$	31,407	$	30,085
Claims made		14,247		5,412		42,305		19,100
Claims resolved with no payment		(4,378)		(4,217)		(12,352)		(9,088)
Repurchases		(11,320)		(3,981)		(34,096)		(9,238)
Indemnification payments		—		(267)		—		(1,149)
Balance, end of period	$	27,264	$	29,710	$	27,264	$	29,710
	Indemnification Liability Reserve Activity
	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Balance, beginning of period	$	23,750	$	26,372	$	27,424	$	21,531
Additions for new sales		608		2,702		2,123		8,568
Repurchases		(1,591)		(2,687)		(6,367)		(3,086)
Early payment defaults		(90)		(116)		(212)		(152)
Indemnification payments		—		(78)		—		(342)
Change in reserves for loans sold in prior years		(553)		(220)		(844)		(546)
Balance, end of period	$	22,124	$	25,973	$	22,124	$	25,973
	September 30,		December 31,
	2022		2021
Reserve for Indemnification Liability:
Specific claims	$	394	$	345
Incurred but not reported claims		21,730		27,079
Total	$	22,124	$	27,424