XML 42 R33.htm IDEA: XBRL DOCUMENT
v3.23.3

Mortgage Servicing Rights ("MSRs") (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Disclosures Pertaining to Servicing Assets and Servicing Liabilities [Abstract] |
Schedule of Changes in the Carrying Value of MSRs | The following is a summary of the changes in the carrying value of MSRs, accounted for at fair value, for the periods indicated:
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30, |  | September 30, |  | September 30,
(In thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Fair value at beginning of the period |  | $ | 200,692 |  |  | 212,664 |  |  | $ | 230,225 |  |  | $ | 147,571 |
Additions from loans sold with servicing retained |  | 9,706 |  |  | 13,260 |  |  | 23,533 |  |  | 38,871 |
Servicing rights sold |  | — |  |  | — |  |  | (30,170) |  |  | — |
Estimate of changes in fair value due to: |  |  |  |  |  |  |  |
Early buyout options (“EBO”) exercised |  | 219 |  |  | — |  |  | 219 |  |  | (176) |
Payoffs and paydowns |  | (4,816) |  |  | (6,041) |  |  | (13,768) |  |  | (18,895) |
Changes in valuation inputs or assumptions |  | 4,723 |  |  | 9,788 |  |  | 485 |  |  | 62,300 |
Fair value at end of the period |  | $ | 210,524 |  |  | $ | 229,671 |  |  | $ | 210,524 |  |  | $ | 229,671 |
Unpaid principal balance of mortgage loans serviced for others |  | $ | 11,885,531 |  |  | $ | 13,925,755 |  |  |  |  |

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

X
- 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 -Topic 860 -SubTopic 50 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481229/860-50-50-3 + Details
Name: | us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration