For the three months ended

For the nine months ended

September 30,

Components of Gains from Mortgage Banking Activities (in thousands)

2019

2018

2019

2018

Contractual loan origination related fees, gross

$

70,876

$

64,197

$

202,497

$

180,655

Co-broker fees

(5,732)

(4,603)

(13,947)

(17,052)

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

55,172

42,811

145,847

129,764

Fair value of expected guaranty obligation recognized at commitment

(4,387)

(3,235)

(12,852)

(10,451)

Total gains from mortgage banking activities

$

115,929

$

99,170

$

321,545

$

282,916