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Mortgage Banking (Tables)
6 Months Ended
Jun. 30, 2019
Mortgage Banking [Abstract]  
Schedule of Activity in the Mortgage Servicing Rights

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,

 

 

 

2019

 

 

2018

 

Balance at beginning of period

 

$

95,596

 

 

$

84,269

 

Origination of servicing assets

 

 

6,075

 

 

 

7,719

 

Change in fair value:

 

 

 

 

 

 

 

 

Due to market changes

 

 

(17,072

)

 

 

11,264

 

Due to run-off

 

 

(5,316

)

 

 

(5,841

)

Balance at end of period

 

$

79,283

 

 

$

97,411

 

Schedule of Mortgage Loans Sold and Serviced for Others The table below details the mortgage loans sold and serviced for others at June 30, 2019 and December 31, 2018 ($ in thousands):

 

 

 

June 30, 2019

 

 

December 31, 2018

 

Federal National Mortgage Association

 

$

4,218,612

 

 

$

4,204,336

 

Government National Mortgage Association

 

 

2,579,636

 

 

 

2,537,238

 

Federal Home Loan Mortgage Corporation

 

 

78,261

 

 

 

71,343

 

Other

 

 

20,545

 

 

 

21,957

 

Total mortgage loans sold and serviced for others

 

$

6,897,054

 

 

$

6,834,874

 

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):

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

Balance at beginning of period

 

$

1,000

 

 

$

1,000

 

Provision for putback expenses

 

 

 

 

 

 

Other (1)

 

 

(298

)

 

 

 

Balance at end of period

 

$

702

 

 

$

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.