XML 43 R35.htm IDEA: XBRL DOCUMENT v3.25.1
Mortgage Banking (Tables)
3 Months Ended
Mar. 31, 2025
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):

 

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Balance at beginning of period

 

$

139,317

 

 

$

131,870

 

Origination of servicing assets

 

 

3,068

 

 

 

2,977

 

Change in fair value:

 

 

 

 

 

 

Due to market changes

 

 

(5,928

)

 

 

5,123

 

Due to run-off

 

 

(2,062

)

 

 

(1,926

)

Balance at end of period

 

$

134,395

 

 

$

138,044

 

Schedule of Mortgage Loans Sold and Serviced for Others

The table below details the mortgage loans sold and serviced for others at March 31, 2025 and December 31, 2024 ($ in thousands):

 

 

 

March 31, 2025

 

 

December 31, 2024

 

Federal National Mortgage Association

 

$

4,815,228

 

 

$

4,821,246

 

Government National Mortgage Association

 

 

3,733,069

 

 

 

3,695,419

 

Federal Home Loan Mortgage Corporation

 

 

241,920

 

 

 

213,358

 

Other

 

 

21,234

 

 

 

32,686

 

Total mortgage loans sold and serviced for others

 

$

8,811,451

 

 

$

8,762,709