XML 45 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Mortgage Banking (Tables)
9 Months Ended
Sep. 30, 2020
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):

 

 

 

Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

79,394

 

 

$

95,596

 

Origination of servicing assets

 

 

20,728

 

 

 

11,431

 

Change in fair value:

 

 

 

 

 

 

 

 

Due to market changes

 

 

(27,098

)

 

 

(25,126

)

Due to run-off

 

 

(11,411

)

 

 

(8,885

)

Balance at end of period

 

$

61,613

 

 

$

73,016

 

Schedule of Mortgage Loans Sold and Serviced for Others

The table below details the mortgage loans sold and serviced for others at September 30, 2020 and December 31, 2019 ($ in thousands):

 

 

September 30, 2020

 

 

December 31, 2019

 

Federal National Mortgage Association

 

$

4,547,696

 

 

$

4,411,914

 

Government National Mortgage Association

 

 

2,879,122

 

 

 

2,652,782

 

Federal Home Loan Mortgage Corporation

 

 

57,684

 

 

 

73,134

 

Other

 

 

16,931

 

 

 

19,404

 

Total mortgage loans sold and serviced for others

 

$

7,501,433

 

 

$

7,157,234