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Mortgage Banking (Tables)
9 Months Ended
Sep. 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):

 

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

Balance at beginning of period

 

$

87,687

 

 

$

66,464

 

Origination of servicing assets

 

 

14,452

 

 

 

22,015

 

Change in fair value:

 

 

 

 

 

 

Due to market changes

 

 

41,529

 

 

 

11,037

 

Due to run-off

 

 

(11,053

)

 

 

(15,415

)

Balance at end of period

 

$

132,615

 

 

$

84,101

 

Schedule of Mortgage Loans Sold and Serviced for Others

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

 

 

 

September 30, 2022

 

 

December 31, 2021

 

Federal National Mortgage Association

 

$

4,724,342

 

 

$

4,709,584

 

Government National Mortgage Association

 

 

3,295,281

 

 

 

3,194,373

 

Federal Home Loan Mortgage Corporation

 

 

46,717

 

 

 

35,971

 

Other

 

 

11,317

 

 

 

13,272

 

Total mortgage loans sold and serviced for others

 

$

8,077,657

 

 

$

7,953,200