Quarter ended June 30,

Six months ended June 30,

2020

2019

2020

2019

(in thousands)

Balance at beginning of period

$

23,202

$

17,982

$

21,446

$

21,155

Provision for losses on loans sold:

Resulting from sales of loans

4,189

1,647

7,901

2,714

Reduction in liability due to change in estimate

(1,270)

(920)

(2,946)

(5,130)

Losses incurred, net

(212)

—

(492)

(30)

Balance at end of period

$

25,909

$

18,709

$

25,909

$

18,709

Unpaid principal balance of loans subject to representations and warranties at end of period

$

192,064,630

$

127,670,206