XML 42 R30.htm IDEA: XBRL DOCUMENT v3.4.0.3
Mortgage Banking (Tables)
3 Months Ended
Mar. 31, 2016
Mortgage Banking [Abstract]  
Schedule of Activity in the Mortgage Servicing Rights

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

 

 

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015

 

Balance at beginning of period

 

$

74,007

 

 

$

64,358

 

Origination of servicing assets

 

 

3,072

 

 

 

3,126

 

Change in fair value:

 

 

 

 

 

 

 

 

Due to market changes

 

 

(6,866

)

 

 

(2,368

)

Due to runoff

 

 

(2,005

)

 

 

(2,213

)

Balance at end of period

 

$

68,208

 

 

$

62,903

 

 

Schedule of Mortgage Loans Sold and Serviced for Others

The table below details the mortgage loans sold and serviced for others at March 31, 2016 and December 31, 2015 ($ in thousands):

 

 

 

March 31, 2016

 

 

December 31, 2015

 

Federal National Mortgage Association

 

$

3,780,435

 

 

$

3,750,685

 

Government National Mortgage Association

 

 

2,131,368

 

 

 

2,111,797

 

Federal Home Loan Mortgage Corporation

 

 

64,943

 

 

 

67,817

 

Other

 

 

38,277

 

 

 

41,013

 

Total mortgage loans sold and serviced for others

 

$

6,015,023

 

 

$

5,971,312

 

 

Changes in the Reserve for Mortgage Loan Servicing Putback Expense

Changes in the reserve for mortgage loan servicing putback expense for mortgage loans delivered to FNMA in periods not covered by the November 2013 Resolution Agreement between Trustmark and FNMA and to other entities were as follows for the periods presented ($ in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015

 

Balance at beginning of period

 

$

1,685

 

 

$

1,170

 

Provision for putback expenses

 

 

105

 

 

 

 

Gains (losses)

 

 

(5

)

 

 

 

Balance at end of period

 

$

1,785

 

 

$

1,170