Three Months Ended March 31,

(In Thousands)

2021

2020

Realized and unrealized gain (loss) of residential mortgage loans held for sale, at fair value

$

29,560

$

25,166

Creation of new mortgage servicing rights, net of payoffs

6,348

3,894

Loan origination fee income on residential mortgage loans

6,232

3,303

Unrealized gain (loss) on IRLCs and other derivatives

(731)

4,306

Residential mortgage banking activities

$

41,409

$

36,669

Variable expenses on residential mortgage banking activities

$

(15,485)

$

(20,129)