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Transfers and Servicing of Financial Assets (Including Mortgage Banking Activity) (Tables)
 12 Months Ended
Dec. 31, 2019
Transfers and Servicing [Abstract]  
Changes in Carrying Amount of Mortgage Loans Held-for-sale Changes to the carrying amount of mortgage loans held for sale at December 31 are presented in the following table.
(in thousands)
2019
 
2018
 
2017
Balance at beginning of period
$
107,734

 
$
134,916

 
$
157,041

Originations and purchases
1,967,532

 
1,469,847

 
1,844,358

Sales, net of gains
(1,869,148
)
 
(1,498,386
)
 
(1,859,565
)
Mortgage loans transferred from (transferred to) held for investment
7,239

 
1,058

 
(6,918
)
Other
—

 
299

 
—

Balance at end of period
$
213,357

 
$
107,734

 
$
134,916
Components of Mortgage Income
The following table details the components of mortgage income for the years ended December 31:
(in thousands)
2019
 
2018
 
2017

 
 
 
 
 
Mortgage loans held for sale and derivatives
$
2,752

 
$
6,490

 
$
(7,047
)
Derivative settlements, net
(8,481
)
 
(4,039
)
 
1,229

Gains on sales
68,110

 
42,887

 
68,255

Servicing and other income, net
1,392

 
1,339

 
1,133

Other losses
(743
)
 
(253
)
 
—

 
$
63,030

 
$
46,424

 
$
63,570
Schedule of Mortgage Servicing Rights at Carrying Value Mortgage servicing rights had the following carrying values as of the periods indicated:
 
December 31, 2019
 
December 31, 2018
 
Gross Carrying 
Amount
 
Valuation Allowance
 
Accumulated
Amortization
 
Net Carrying 
Amount
 
Gross Carrying 
Amount
 
Valuation Allowance
 
Accumulated
Amortization
 
Net Carrying 
Amount
(in thousands)
 
 
 
 
 
 
 
Mortgage servicing rights
$
22,476

 
$
(250
)
 
$
(6,621
)
 
$
15,605

 
$
13,612

 
$
—

 
$
(4,806
)
 
$
8,806