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Mortgage Banking (Tables)
6 Months Ended
Jun. 30, 2022
Mortgage Banking [Abstract]  
Schedule of Activity in the Mortgage Servicing Rights

The activity in the MSR is detailed in the table below for the periods presented ($ in thousands):

 

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

Balance at beginning of period

 

$

87,687

 

 

$

66,464

 

Origination of servicing assets

 

 

10,159

 

 

 

15,201

 

Change in fair value:

 

 

 

 

 

 

Due to market changes

 

 

30,759

 

 

 

9,231

 

Due to run-off

 

 

(7,591

)

 

 

(10,132

)

Balance at end of period

 

$

121,014

 

 

$

80,764

 

Schedule of Mortgage Loans Sold and Serviced for Others

The table below details the mortgage loans sold and serviced for others at June 30, 2022 and December 31, 2021 ($ in thousands):

 

 

 

June 30, 2022

 

 

December 31, 2021

 

Federal National Mortgage Association

 

$

4,710,075

 

 

$

4,709,584

 

Government National Mortgage Association

 

 

3,260,997

 

 

 

3,194,373

 

Federal Home Loan Mortgage Corporation

 

 

39,097

 

 

 

35,971

 

Other

 

 

11,759

 

 

 

13,272

 

Total mortgage loans sold and serviced for others

 

$

8,021,928

 

 

$

7,953,200