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

6 Months Ended

Jun. 30, 2022

GUARANTY OBLIGATION AND ALLOWANCE FOR RISK-SHARING OBLIGATIONS

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)	2022		2021		2022		2021
Beginning balance	$	53,244	$	64,580	$	62,636	$	75,313
Provision (benefit) for risk-sharing obligations		(4,769)		(4,251)		(14,161)		(14,984)
Write-offs		—		—		—		—
Ending balance	$	48,475	$	60,329	$	48,475	$	60,329

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)	2022		2021		2022		2021
Beginning balance	$	46,490	$	51,836	$	47,378	$	52,306
Additions, following the sale of loan		1,759		853		3,310		2,574
Amortization and write-offs		(2,600)		(2,320)		(5,039)		(4,511)
Ending balance	$	45,649	$	50,369	$	45,649	$	50,369