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Mortgage Banking (Tables)
12 Months Ended
Dec. 31, 2017
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,

 

 

 

2017

 

 

2016

 

Balance at beginning of period

 

$

80,239

 

 

$

74,007

 

Origination of servicing assets

 

 

15,860

 

 

 

16,745

 

Change in fair value:

 

 

 

 

 

 

 

 

Due to market changes

 

 

(1,050

)

 

 

(407

)

Due to runoff

 

 

(10,780

)

 

 

(10,106

)

Balance at end of period

 

$

84,269

 

 

$

80,239

 

 

Schedule of Mortgage Loans Sold and Serviced for Others

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

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

Federal National Mortgage Association

 

$

4,128,614

 

 

$

3,992,349

 

Government National Mortgage Association

 

 

2,421,456

 

 

 

2,291,398

 

Federal Home Loan Mortgage Corporation

 

 

47,071

 

 

 

55,006

 

Other

 

 

26,864

 

 

 

32,589

 

Total mortgage loans sold and serviced for others

 

$

6,624,005

 

 

$

6,371,342

 

 

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,

 

 

 

2017

 

 

2016

 

 

2015

 

Balance at beginning of period

 

$

1,130

 

 

$

1,685

 

 

$

1,170

 

Provision for putback expenses

 

 

(836

)

 

 

420

 

 

 

315

 

Other (1)

 

 

706

 

 

 

(975

)

 

 

200

 

Balance at end of period

 

$

1,000

 

 

$

1,130

 

 

$

1,685

 

(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.