XML 57 R46.htm IDEA: XBRL DOCUMENT v3.25.2
Mortgage Servicing Rights, Net (Tables)
6 Months Ended
Jun. 30, 2025
Transfers and Servicing [Abstract]  
Schedule of Changes in the Carrying Amount of Mortgage Servicing Rights
The changes in the carrying amount of MSRs were as follows (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
Mortgage Servicing Rights2025202420252024
Beginning Balance$510,805 $525,579 $520,487 $534,390 
Additions20,296 20,298 39,007 39,850 
Amortization(29,079)(29,072)(57,472)(57,435)
Ending Balance$502,022 $516,805 $502,022 $516,805 
Valuation Allowance
Beginning Balance$(2,218)$(3,707)$(2,908)$(3,187)
Decrease (increase)
187 1,105 877 585 
Ending Balance$(2,031)$(2,602)$(2,031)$(2,602)
Net Balance$499,991 $514,203 $499,991 $514,203 
Schedule of Servicing Fees and Escrow Interest
Servicing fees are included in “Management services, servicing fees and other” on the accompanying unaudited condensed consolidated statements of operations and were as follows (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Servicing fees
$45,323 $42,175 $89,866 $84,131 
Escrow interest and placement fees12,492 15,556 24,734 29,746 
Ancillary fees978 354 1,667 822 
Total$58,793 $58,085 $116,267 $114,699