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Mortgage Banking (Tables)
12 Months Ended
Dec. 31, 2016
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,

 

 

 

2016

 

 

2015

 

Balance at beginning of period

 

$

74,007

 

 

$

64,358

 

Origination of servicing assets

 

 

16,745

 

 

 

17,598

 

Change in fair value:

 

 

 

 

 

 

 

 

Due to market changes

 

 

(407

)

 

 

1,578

 

Due to runoff

 

 

(10,106

)

 

 

(9,527

)

Balance at end of period

 

$

80,239

 

 

$

74,007

 

 

Schedule of Mortgage Loans Sold and Serviced for Others

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

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Federal National Mortgage Association

 

$

3,992,349

 

 

$

3,750,685

 

Government National Mortgage Association

 

 

2,291,398

 

 

 

2,111,797

 

Federal Home Loan Mortgage Corporation

 

 

55,006

 

 

 

67,817

 

Other

 

 

32,589

 

 

 

41,013

 

Total mortgage loans sold and serviced for others

 

$

6,371,342

 

 

$

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 were as follows for the periods presented ($ in thousands):

 

 

 

Years Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Balance at beginning of period

 

$

1,685

 

 

$

1,170

 

 

$

1,050

 

Provision for putback expenses

 

 

420

 

 

 

315

 

 

 

600

 

(Losses) Gains

 

 

(975

)

 

 

200

 

 

 

(480

)

Balance at end of period

 

$

1,130

 

 

$

1,685

 

 

$

1,170