For the three months ended
September 30,

For the nine months ended
September 30,

2011

2010

2011

2010

Contractual loan origination related fees, net

$

9,657

$

5,089

$

32,350

$

29,933

Fair value of expected future cash flows from servicing recognized at commitment

12,664

7,746

39,214

30,103

Fair value of expected guaranty obligation

(759

)

(503

)

(1,886

)

(1,491

)

Total gains from mortgage banking activities

$

21,562

$

12,332

$

69,678

$

58,545