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Fair Value - Level 3 Input Roll Forward, Recurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Roll forward of liabilities measured using Level 3 inputs on a recurring basis        
Mortgage servicing liabilities resulting from loan sales     $ 6,576 $ 27,133
Recurring basis        
Roll forward of assets measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period $ 3,251,509 $ 3,066,124 3,455,505 3,156,728
Purchases and issuances, net 3,327,099 2,062,591 6,121,075 4,155,778
Capitalization of interest and advances 22,262   55,283  
Sales and repayments (97,225) (1,591,986) (896,517) (2,446,893)
Mortgage servicing rights resulting from loan sales 245,946 246,757 753,795 545,839
Changes in fair value included in income arising from:        
Changes in instrument specific credit risk 42,029 4,252 35,638 (2,025)
Other factors 186,496 (318,655) (563,248) (790,362)
Total changes in fair value included in income 228,525 (314,403) (527,610) (792,387)
Transfers from mortgage loans held for sale from Level 3 to Level 2 (597,134) (416,062) (1,476,027) (1,292,824)
Transfers to real estate acquired in settlement of loans   (376) (691) (2,420)
Reinstatement from real estate acquired in settlement of loans 755   755  
Transfers from interest rate lock commitments to loans held for sale (731,474) (258,064) (1,835,305) (529,240)
Balance at the end of the period 5,650,263 2,794,581 5,650,263 2,794,581
Changes in fair value recognized during the period relating to assets still held at the end of the period 454,285 (268,048) (799,403) (894,832)
Roll forward of liabilities measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period 181,064 207,104 207,726 224,791
Issuances 531 377 1,393 1,327
Accrual of interest on excess servicing spread financing 2,070 2,291 6,416 8,124
Repayment (7,682) (9,819) (25,112) (30,901)
Mortgage servicing liabilities resulting from loan sales   19,501 6,576 27,133
Changes in fair value included in income (1,295) (2,019) (22,311) (13,039)
Balance at the end of the period 174,688 217,435 174,688 217,435
Changes in fair value recognized during the period relating to liability still outstanding at the end of the period (1,295) (2,019) (22,311) (13,039)
Recurring basis | Excess servicing spread financing        
Roll forward of liabilities measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period 151,206 194,156 178,586 216,110
Issuances 531 377 1,393 1,327
Accrual of interest on excess servicing spread financing 2,070 2,291 6,416 8,124
Repayment (7,682) (9,819) (25,112) (30,901)
Changes in fair value included in income (3,135) (3,864) (18,293) (11,519)
Balance at the end of the period 142,990 183,141 142,990 183,141
Changes in fair value recognized during the period relating to liability still outstanding at the end of the period (3,135) (3,864) (18,293) (11,519)
Recurring basis | Mortgage servicing liabilities        
Roll forward of liabilities measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period 29,858 12,948 29,140 8,681
Mortgage servicing liabilities resulting from loan sales   19,501 6,576 27,133
Changes in fair value included in income 1,840 1,845 (4,018) (1,520)
Balance at the end of the period 31,698 34,294 31,698 34,294
Changes in fair value recognized during the period relating to liability still outstanding at the end of the period 1,840 1,845 (4,018) (1,520)
Recurring basis | Loans held for sale        
Roll forward of assets measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period 661,719 217,998 383,878 260,008
Purchases and issuances, net 2,734,321 1,861,769 4,664,408 3,537,177
Capitalization of interest and advances 22,262   55,283  
Sales and repayments (88,955) (1,582,564) (888,247) (2,414,899)
Changes in fair value included in income arising from:        
Changes in instrument specific credit risk 42,029 4,252 35,638 (2,025)
Total changes in fair value included in income 42,029 4,252 35,638 (2,025)
Transfers from mortgage loans held for sale from Level 3 to Level 2 (597,134) (416,062) (1,476,027) (1,292,824)
Transfers to real estate acquired in settlement of loans   (376) (691) (2,420)
Reinstatement from real estate acquired in settlement of loans 755   755  
Balance at the end of the period 2,774,997 85,017 2,774,997 85,017
Changes in fair value recognized during the period relating to assets still held at the end of the period 38,217 (2,328) 31,389 (2,478)
Recurring basis | Interest rate lock commitments        
Roll forward of assets measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period 368,064 111,776 136,650 49,338
Purchases and issuances, net 593,065 199,274 1,431,194 376,137
Changes in fair value included in income arising from:        
Other factors 311,790 92,138 808,906 248,889
Total changes in fair value included in income 311,790 92,138 808,906 248,889
Transfers from interest rate lock commitments to loans held for sale (731,474) (258,064) (1,835,305) (529,240)
Balance at the end of the period 541,445 145,124 541,445 145,124
Changes in fair value recognized during the period relating to assets still held at the end of the period 541,445 145,124 541,445 145,124
Recurring basis | Repurchase agreement derivatives        
Roll forward of assets measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period 8,187 16,015 8,187 26,770
Purchases and issuances, net   1,502   15,019
Sales and repayments (8,270) (9,422) (8,270) (31,994)
Changes in fair value included in income arising from:        
Other factors 83 92 83 (1,608)
Total changes in fair value included in income 83 92 83 (1,608)
Balance at the end of the period   8,187   8,187
Changes in fair value recognized during the period relating to assets still held at the end of the period   41   165
Recurring basis | Mortgage servicing rights        
Roll forward of assets measured using Level 3 inputs on a recurring basis        
Balance at the beginning of the period 2,213,539 2,720,335 2,926,790 2,820,612
Purchases and issuances, net (287) 46 25,473 227,445
Mortgage servicing rights resulting from loan sales 245,946 246,757 753,795 545,839
Changes in fair value included in income arising from:        
Other factors (125,377) (410,885) (1,372,237) (1,037,643)
Total changes in fair value included in income (125,377) (410,885) (1,372,237) (1,037,643)
Balance at the end of the period 2,333,821 2,556,253 2,333,821 2,556,253
Changes in fair value recognized during the period relating to assets still held at the end of the period $ (125,377) $ (410,885) $ (1,372,237) $ (1,037,643)