Mortgage Banking (Tables)

9 Months Ended

Sep. 30, 2014

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

	Nine Months Ended September 30,
	2014			2013
Balance at beginning of period	$	67,834		$	47,341
Origination of servicing assets		8,884			15,551
Change in fair value:
Due to market changes		(3,060	)		7,881
Due to runoff		(6,568	)		(7,623	)
Balance at end of period	$	67,090		$	63,150

The table below details the mortgage loans sold and serviced for others for the periods presented ($ in thousands):

	September 30, 2014		December 31, 2013
Federal National Mortgage Association	$	3,556,490	$	3,499,659
Government National Mortgage Association		1,916,010		1,830,420
Federal Home Loan Mortgage Corporation		83,250		92,599
Other		30,023		38,998
Total mortage loans sold and serviced for others	$	5,585,773	$	5,461,676

Changes in the reserve for mortgage loan servicing putback expense were as follows for the periods presented ($ in thousands):

	Nine Months Ended September 30,
	2014			2013
Balance at beginning of period	$	1,050		$	7,800
Provision for putback expenses		450			1,050
Losses		(403	)		(3,867	)
Balance at end of period	$	1,097		$	4,983