MORTGAGE SERVICING RIGHTS (Tables)

6 Months Ended

Jun. 30, 2019

MORTGAGE SERVICING RIGHTS

Schedule of Activity Related to Capitalized MSRs, Net of Accumulated Amortization

	For the three months ended				For the six months ended
	June 30,				June 30,
Roll Forward of MSRs (in thousands)	2019		2018		2019		2018
Beginning balance	$	677,946	$	631,031	$	670,146	$	634,756
Additions, following the sale of loan		48,695		42,559		95,797		73,481
Purchases		—		1,814		—		1,814
Amortization		(34,267)		(32,801)		(68,470)		(64,962)
Pre-payments and write-offs		(4,347)		(3,689)		(9,446)		(6,175)
Ending balance	$	688,027	$	638,914	$	688,027	$	638,914

Summary of Components of Net Carrying Value of Acquired and Originated MSRs

Components of MSRs (in thousands)	June 30,  2019		December 31,  2018
Gross Value	$	1,144,555	$	1,100,439
Accumulated amortization		(456,528)		(430,293)
Net carrying value	$	688,027	$	670,146

Schedule of Expected Amortization of MSRs

	Expected
(in thousands)	Amortization
Six Months Ending December 31,
2019	$	66,514
Year Ending December 31,
2020	$	122,989
2021		109,080
2022		93,909
2023		81,837
2024		68,540
Thereafter		145,158
Total	$	688,027