Mortgage Servicing Rights, Net (Tables)

12 Months Ended

Dec. 31, 2022

Transfers and Servicing [Abstract]

Summary of Changes in the Carrying Amount of Mortgage Servicing Rights

The changes in the carrying amount of MSRs were as follows (in thousands):

	Year Ended December 31,
Mortgage Servicing Rights	2022		2021		2020
Beginning Balance	$	563,488	$	528,983	$	432,666
Additions	130,301		147,789		193,913
Purchases from an affiliate	—		—		200
Amortization	(117,361)		(113,284)		(97,796)
Ending Balance	$	576,428	$	563,488	$	528,983
Valuation Allowance
Beginning Balance	$	(13,186)	$	(34,254)	$	(19,022)
Decrease (increase)	5,310		21,068		(15,232)
Ending Balance	$	(7,876)	$	(13,186)	$	(34,254)
Net Balance	$	568,552	$	550,302	$	494,729

Schedule of Servicing Fees and Escrow Interest

Servicing fees are included in “Management services, servicing fees and other” on the accompanying consolidated statements of operations and were as follows (in thousands):

	Year Ended December 31,
	2022		2021		2020
Servicing fees	$	147,514	$	138,495	$	116,005
Escrow interest and placement fees	20,290		4,415		6,140
Ancillary fees	20,408		16,932		7,353
Total	$	188,212	$	159,842	$	129,498