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GUARANTY OBLIGATION AND ALLOWANCE FOR RISK-SHARING OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2020
GUARANTY OBLIGATION AND ALLOWANCE FOR RISK-SHARING OBLIGATIONS  
Schedule of Activity Related to Guaranty Obligation

For the three months ended

 

March 31, 

 

Roll Forward of Guaranty Obligation (in thousands)

    

2020

    

2019

 

Beginning balance

$

54,695

$

46,870

Additions, following the sale of loan

 

1,862

 

4,863

Amortization

 

(2,267)

 

(2,349)

Other

1,468

(8)

Ending balance

$

55,758

$

49,376

Summary of Allowance for Risk-Sharing Obligations

For the three months ended

 

March 31, 

 

Roll Forward of Allowance for Risk-sharing Obligations (in thousands)

    

2020

    

2019

 

Beginning balance

$

11,471

$

4,622

Adjustment related to adoption of ASU 2016-13

31,570

Provision for risk-sharing obligations

 

22,537

 

2,052

Write-offs

 

 

Other

(1,468)

8

Ending balance

$

64,110

$

6,682