Mortgage Banking (Tables)

6 Months Ended

Jun. 30, 2017

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

	Six Months Ended June 30,
	2017			2016
Balance at beginning of period	$	80,239		$	74,007
Origination of servicing assets		7,497			7,211
Change in fair value:
Due to market changes		175			(13,899	)
Due to run-off		(5,283	)		(4,505	)
Balance at end of period	$	82,628		$	62,814

The table below details the mortgage loans sold and serviced for others at June 30, 2017 and December 31, 2016 ($ in thousands):

	June 30, 2017		December 31, 2016
Federal National Mortgage Association	$	4,060,170	$	3,992,349
Government National Mortgage Association		2,332,898		2,291,398
Federal Home Loan Mortgage Corporation		51,901		55,006
Other		28,671		32,589
Total mortgage loans sold and serviced for others	$	6,473,640	$	6,371,342

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

	Six Months Ended June 30,
	2017		2016
Balance at beginning of period	$	1,130	$	1,685
Provision for putback expenses		210		210
Other (1)		706		(944	)
Balance at end of period	$	2,046	$	951

(1)	Includes fair value adjustments for loans transferred due to underwriting issues as well as adjustments based on Trustmark’s mortgage loan servicing putback reserve analysis.