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MORTGAGE SERVICING RIGHTS (Tables) | 9 Months Ended
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Sep. 30, 2021
Transfers and Servicing [Abstract] |
Presentation of Activity Related to MSR | The following tables presents activity related to MSR and Interests in MSR for the three and nine months ended September 30, 2021 and 2020:
Mortgage Servicing Rights | Three Months Ended |  | Nine Months Ended
September 30, 2021 |  | September 30, 2020 |  | September 30, 2021 |  | September 30, 2020
| (dollars in thousands)
Fair value, beginning of period | $ | 202,616 |  |  | $ | 227,400 |  |  | $ | 100,895 |  |  | $ | 378,078 |
Purchases (1) | 312,327 |  |  | — |  |  | 411,309 |  |  | — |
Sales | — |  |  | — |  |  | (376) |  |  | — |
Change in fair value due to: |  |  |  |  |  |  |
Changes in valuation inputs or assumptions (2) | 76,107 |  |  | 7,633 |  |  | 108,403 |  |  | (99,220) |
Other changes, including realization of expected cash flows | (18,791) |  |  | (27,048) |  |  | (47,972) |  |  | (70,873) |
Fair value, end of period | $ | 572,259 |  |  | $ | 207,985 |  |  | $ | 572,259 |  |  | $ | 207,985 |
(1) Includes adjustments to original purchase price from early payoffs, defaults, or loans that were delivered but were deemed to not be acceptable. (2) Principally represents changes in discount rates and prepayment speed inputs used in valuation model, primarily due to changes in interest rates.
Interests in MSR | Three Months Ended |  |  | Nine Months Ended |
September 30, 2021 |  |  | September 30, 2021 |
| (dollars in thousands) |
Beginning balance | $ | 49,035 |  |  |  | $ | — |  |
Purchases (1) | 5,936 |  |  |  | 53,034 |  |
Gain (loss) included in net income | 2,559 |  |  |  | 4,496 |  |
Ending balance September 30, 2021 | $ | 57,530 |  |  |  | $ | 57,530 |  |
(1) Includes adjustments to original purchase price from early payoffs, defaults, or loans that were delivered but were deemed to not be acceptable. |

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- Definition Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=125521744&loc=d3e122625-111746 + Details
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Namespace Prefix: | us-gaap_
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Balance Type: | na
Period Type: | duration

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- References No definition available. + Details
Name: | us-gaap_TransfersAndServicingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration