XML 45 R33.htm IDEA: XBRL DOCUMENT

Mortgage Banking (Tables)

3 Months Ended

Mar. 31, 2019

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,
	2019			2018
Balance at beginning of period	$	95,596		$	84,269
Origination of servicing assets		2,507			3,567
Change in fair value:
Due to market changes		(8,863	)		9,521
Due to run-off		(2,398	)		(2,507	)
Balance at end of period	$	86,842		$	94,850

The table below details the mortgage loans sold and serviced for others at March 31, 2019 and December 31, 2018 ($ in thousands):

	March 31, 2019		December 31, 2018
Federal National Mortgage Association	$	4,205,947	$	4,204,336
Government National Mortgage Association		2,554,666		2,537,238
Federal Home Loan Mortgage Corporation		77,742		71,343
Other		21,238		21,957
Total mortgage loans sold and serviced for others	$	6,859,593	$	6,834,874

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

	Three Months Ended March 31,
	2019			2018
Balance at beginning of period	$	1,000		$	1,000
Provision for putback expenses		—			—
Other (1)		(125	)		—
Balance at end of period	$	875		$	1,000

(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.