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FAIR VALUE - LEVEL 3 ASSETS MEASURED ON RECURRING BASIS (Details) - Recurring - Level 3 - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Mar. 31, 2022 | Mar. 31, 2021 | Mar. 31, 2022 | Mar. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening Balance | $ 80,239 | $ 39,428 | $ 87,731 | $ 36,423
Total gains or losses for the period - Included in other comprehensive income | (1,841) | 913 | (2,480) | 607
Purchases, retentions, issues, sales and settlements: |  |  |  |
Purchases/Retentions | 96,093 | 3,538 | 99,379 | 11,222
Settlements | (432) | (671) | (8,656) | (1,562)
Closing balance | 176,148 | 40,836 | 176,148 | 40,836
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period | 2,089 | (2,372) | 174 | (5,854)
Included in earnings—Mortgage banking income |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses for the period - Included in earnings | 2,089 | (2,372) | 174 | (5,854)
Non-Agency MBS |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening Balance | 58,752 | 17,135 | 67,615 | 18,332
Total gains or losses for the period - Included in other comprehensive income | (1,841) | 913 | (2,480) | 607
Purchases, retentions, issues, sales and settlements: |  |  |  |
Purchases/Retentions | 95,000 | 0 | 95,000 | 0
Settlements | (432) | (671) | (8,656) | (1,562)
Closing balance | 151,479 | 17,377 | 151,479 | 17,377
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period | 0 | 0 | 0 | 0
Non-Agency MBS | Included in earnings—Mortgage banking income |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses for the period - Included in earnings | 0 | 0 | 0 | 0
Mortgage Servicing Rights |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening Balance | 20,110 | 14,314 | 17,911 | 10,675
Total gains or losses for the period - Included in other comprehensive income | 0 | 0 | 0 | 0
Purchases, retentions, issues, sales and settlements: |  |  |  |
Purchases/Retentions | 1,093 | 3,538 | 4,379 | 11,222
Settlements | 0 | 0 | 0 | 0
Closing balance | 23,519 | 16,631 | 23,519 | 16,631
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period | 2,316 | (1,221) | 1,229 | (5,266)
Mortgage Servicing Rights | Included in earnings—Mortgage banking income |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses for the period - Included in earnings | 2,316 | (1,221) | 1,229 | (5,266)
Derivative Instruments, net |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Opening Balance | 1,377 | 7,979 | 2,205 | 7,416
Total gains or losses for the period - Included in other comprehensive income | 0 | 0 | 0 | 0
Purchases, retentions, issues, sales and settlements: |  |  |  |
Purchases/Retentions | 0 | 0 | 0 | 0
Settlements | 0 | 0 | 0 | 0
Closing balance | 1,150 | 6,828 | 1,150 | 6,828
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period | (227) | (1,151) | (1,055) | (588)
Derivative Instruments, net | Included in earnings—Mortgage banking income |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Total gains or losses for the period - Included in earnings | $ (227) | $ (1,151) | $ (1,055) | $ (588)

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