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Mortgage Servicing (Tables)
12 Months Ended
Dec. 31, 2019
MSRs  
Mortgage Servicing  
Schedule of product and geographic concentrations in servicing revenue

Product and geographic concentrations that impact our servicing revenue are as follows ($ in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

Product Concentrations

 

Geographic Concentrations

 

 

    

 

    

Percent of

 

 

    

UPB Percent

 

Product 

    

UPB (1)

    

Total

    

State

    

of Total

 

Fannie Mae

 

$

14,832,844

 

74

%

Texas

 

19

%

Freddie Mac

 

 

4,534,714

 

23

%

North Carolina

 

 9

%

FHA

 

 

691,519

 

 3

%

New York

 

 9

%

Total

 

$

20,059,077

 

100

%

California

 

 9

%

 

 

 

 

 

 

 

Florida

 

 6

%

 

 

 

 

 

 

 

Georgia

 

 6

%

 

 

 

 

 

 

 

Other(2)

 

42

%

 

 

 

 

 

 

 

Total

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

Product Concentrations

 

Geographic Concentrations

 

 

    

 

    

Percent of

 

 

    

UPB Percent

 

Product 

    

UPB (1)

    

Total

    

State

    

of Total

    

Fannie Mae

 

$

13,562,667

 

73

%

Texas

 

20

%

Freddie Mac

 

 

4,394,287

 

24

%

North Carolina

 

10

%

FHA

 

 

644,687

 

 3

%

New York

 

 8

%

Total

 

$

18,601,641

 

100

%

California

 

 8

%

 

 

 

 

 

 

 

Georgia

 

 6

%

 

 

 

 

 

 

 

Florida

 

 6

%

 

 

 

 

 

 

 

Other(2)

 

42

%

 

 

 

 

 

 

 

Total

 

100

%


(1)

Excludes loans which we are not collecting a servicing fee.

(2)

No other individual state represented 4% or more of the total.