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Mortgage Servicing Rights, Net (Tables)
 6 Months Ended
Jun. 30, 2021
Transfers and Servicing [Abstract]  
Summary of changes in the carrying amount of mortgage servicing rights The changes in the carrying amount of MSRs were as follows (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
Mortgage Servicing Rights2021202020212020
Beginning Balance$550,251 $449,391 $528,983 $432,666 
Additions22,436 34,598 70,574 73,565 
Purchases from an affiliate— 108 — 200 
Amortization(27,962)(23,624)(54,832)(45,958)
Ending Balance$544,725 $460,473 $544,725 $460,473 
Valuation Allowance
Beginning Balance$(23,006)$(36,578)$(34,254)$(19,022)
Decrease (increase)4,687 (663)15,935 (18,219)
Ending Balance$(18,319)$(37,241)$(18,319)$(37,241)
Net Balance$526,406 $423,232 $526,406 $423,232 
Schedule of servicing fees and escrow interest
Servicing fees are included in “Management services, servicing fees and other” on the accompanying unaudited condensed consolidated statements of operations and were as follows (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2021202020212020
Servicing fees$34,414 $28,250 $67,090 $54,915 
Escrow interest and placement fees1,080 727 2,051 4,119 
Ancillary fees1,132 1,283 3,819 3,524 
Total$36,626 $30,260 $72,960 $62,558