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Mortgage Banking (Tables)
12 Months Ended
Dec. 31, 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):

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

Balance at beginning of period

 

$

87,687

 

 

$

66,464

 

Origination of servicing assets

 

 

17,843

 

 

 

28,125

 

Change in fair value:

 

 

 

 

 

 

Due to market changes

 

 

38,181

 

 

 

13,258

 

Due to runoff

 

 

(14,034

)

 

 

(20,160

)

Balance at end of period

 

$

129,677

 

 

$

87,687

 

Schedule of Mortgage Loans Sold and Serviced for Others

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

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Federal National Mortgage Association

 

$

4,684,815

 

 

$

4,709,584

 

Government National Mortgage Association

 

 

3,350,222

 

 

 

3,194,373

 

Federal Home Loan Mortgage Corporation

 

 

52,023

 

 

 

35,971

 

Other

 

 

28,764

 

 

 

13,272

 

Total mortgage loans sold and serviced for others

 

$

8,115,824

 

 

$

7,953,200