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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

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For the three months ended

 

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​

March 31, 

 

Roll Forward of Guaranty Obligation (in thousands)

    

2020

    

2019

 

Beginning balance

​

$

54,695

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$

46,870

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Additions, following the sale of loan

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1,862

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4,863

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Amortization

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(2,267)

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(2,349)

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Other

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​

1,468

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​

(8)

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Ending balance

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$

55,758

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$

49,376

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Summary of Allowance for Risk-Sharing Obligations

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​

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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

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​

31,570

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—

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Provision for risk-sharing obligations

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22,537

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2,052

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Write-offs

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—

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—

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Other

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(1,468)

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​

8

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Ending balance

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$

64,110

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$

6,682

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