MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2022

MORTGAGE SERVICING RIGHTS

Schedule of Activity Related to MSRs

	For the three months ended				For the nine months ended
	September 30,				September 30,
Roll Forward of MSRs (in thousands)	2022		2021		2022		2021
Beginning balance	$	978,745	$	915,519	$	953,845	$	862,813
Additions, following the sale of loan		45,454		70,095		182,753		224,035
Amortization		(47,391)		(44,402)		(140,846)		(130,868)
Pre-payments and write-offs		(9,038)		(11,387)		(27,982)		(26,155)
Ending balance	$	967,770	$	929,825	$	967,770	$	929,825

Summary of Components of Net Carrying Value of MSRs

Components of MSRs (in thousands)	September 30, 2022		December 31, 2021
Gross value	$	1,622,213	$	1,548,870
Accumulated amortization		(654,443)		(595,025)
Net carrying value	$	967,770	$	953,845

Schedule of Expected Amortization of MSRs

	Expected
(in thousands)	Amortization
Three Months Ending December 31,
2022	$	46,639
Year Ending December 31,
2023	$	180,469
2024		163,771
2025		141,014
2026		119,503
2027		101,362
Thereafter		215,012
Total	$	967,770