GUARANTY OBLIGATION AND ALLOWANCE FOR RISK-SHARING OBLIGATIONS (Tables)

6 Months Ended

Jun. 30, 2020

GUARANTY OBLIGATION AND ALLOWANCE FOR RISK-SHARING OBLIGATIONS

Schedule of Activity Related to Guaranty Obligation

	For the three months ended				For the six months ended
	June 30,				June 30,
Roll Forward of Guaranty Obligation (in thousands)	2020		2019		2020		2019
Beginning balance	$	55,758	$	49,376	$	54,695	$	46,870
Additions, following the sale of loan		1,608		4,731		3,470		9,594
Amortization		(2,494)		(2,347)		(4,761)		(4,696)
Other		—		(346)		1,468		(354)
Ending balance	$	54,872	$	51,414	$	54,872	$	51,414

Summary of Allowance for Risk-Sharing Obligations

	For the three months ended				For the six months ended
	June 30,				June 30,
Roll Forward of Allowance for Risk-sharing Obligations (in thousands)	2020		2019		2020		2019
Beginning balance	$	64,110	$	6,682	$	11,471	$	4,622
Adjustment related to adoption of ASU 2016-13		—		—		31,570		—
Provision (benefit) for risk-sharing obligations		5,081		936		27,618		2,988
Write-offs		—		—		—		—
Other		—		346		(1,468)		354
Ending balance	$	69,191	$	7,964	$	69,191	$	7,964