XML 73 R61.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value, Company's Level 3 Assets (Servicing Related Assets) Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Servicing Related Assets [Abstract]    
Beginning balance [1] $ 174,414  
Changes in Fair Value due to [Abstract]    
Ending balance [1] 211,995 $ 174,414
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]    
Servicing Related Assets [Abstract]    
Beginning balance 174,414  
Changes in Fair Value due to [Abstract]    
Ending balance 211,995 174,414
MSRs [Member] | Fair Value, Measurements, Recurring [Member] | Level 3 [Member]    
Servicing Related Assets [Abstract]    
Beginning balance 174,414 291,111
Purchases, sales and principal paydowns [Abstract]    
Purchases 36,059 54,439
Sales   (27,754)
Other changes [2] (441) (1,482)
Purchases, sales and principal paydowns 35,618 25,203
Changes in Fair Value due to [Abstract]    
Changes in valuation inputs or assumptions used in valuation model 47,201 (8,318)
Other changes in fair value [3] (45,238) (133,582)
Unrealized gain (loss) included in Net Income 1,963 (141,900)
Ending balance $ 211,995 $ 174,414
[1] See Note 9 regarding the estimation of fair value, which approximates carrying value for all pools.
[2] Represents purchase price adjustments, principally contractual prepayment protection, and changes due to the Company’s repurchase of the underlying collateral.
[3] Represents changes due to realization of expected cash flows and estimated MSR runoff.