Mortgage Servicing Rights, Net (Tables)

12 Months Ended

Dec. 31, 2023

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	2023		2022		2021
Beginning Balance	$	576,428	$	563,488	$	528,983
Additions	75,704		130,301		147,789
Amortization	(117,742)		(117,361)		(113,284)
Ending Balance	$	534,390	$	576,428	$	563,488
Valuation Allowance
Beginning Balance	$	(7,876)	$	(13,186)	$	(34,254)
Decrease	4,689		5,310		21,068
Ending Balance	$	(3,187)	$	(7,876)	$	(13,186)
Net Balance	$	531,203	$	568,552	$	550,302

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,
	2023		2022		2021
Servicing fees	$	151,005	$	147,514	$	138,495
Escrow interest and placement fees	54,151		20,290		4,415
Ancillary fees	3,256		20,408		16,932
Total	$	208,412	$	188,212	$	159,842