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Mortgage Banking (Tables)
12 Months Ended
Dec. 31, 2018
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,

 

 

 

2018

 

 

2017

 

Balance at beginning of period

 

$

84,269

 

 

$

80,239

 

Origination of servicing assets

 

 

15,759

 

 

 

15,860

 

Change in fair value:

 

 

 

 

 

 

 

 

Due to market changes

 

 

7,342

 

 

 

(1,050

)

Due to runoff

 

 

(11,774

)

 

 

(10,780

)

Balance at end of period

 

$

95,596

 

 

$

84,269

 

Schedule of Mortgage Loans Sold and Serviced for Others The table below details the mortgage loans sold and serviced for others at December 31, 2018 and 2017 ($ in thousands):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Federal National Mortgage Association

 

$

4,204,336

 

 

$

4,128,614

 

Government National Mortgage Association

 

 

2,537,238

 

 

 

2,421,456

 

Federal Home Loan Mortgage Corporation

 

 

71,343

 

 

 

47,071

 

Other

 

 

21,957

 

 

 

26,864

 

Total mortgage loans sold and serviced for others

 

$

6,834,874

 

 

$

6,624,005

 

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,

 

 

 

2018

 

 

2017

 

 

2016

 

Balance at beginning of period

 

$

1,000

 

 

$

1,130

 

 

$

1,685

 

Provision for putback expenses

 

 

 

 

 

(836

)

 

 

420

 

Other (1)

 

 

 

 

 

706

 

 

 

(975

)

Balance at end of period

 

$

1,000

 

 

$

1,000

 

 

$

1,130

 

(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.