XML 43 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Mortgage Servicing (Tables)
6 Months Ended
Jun. 30, 2020
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):

June 30, 2020

Product Concentrations

Geographic Concentrations

UPB 

    

    

Percent of

    

    

Percentage

 

Product

UPB (1)

Total

State

of Total

Fannie Mae

$

15,672,931

73

%  

Texas

18

%

Freddie Mac

4,560,382

 

21

%  

New York

9

%

Private Label (2)

727,132

3

%  

North Carolina

9

%

FHA

621,487

 

3

%  

California

8

%

Total

$

21,581,932

100

%  

Florida

7

%

Georgia

6

%

Other (3)

43

%

Total

100

%

December 31, 2019

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 (3)

42

%

Total

100

%

(1)Excludes loans which we are not collecting a servicing fee.
(2)Represents loans we service in connection with our Private Label securitization in May 2020 (see Note 4 for details).
(3)No other individual state represented 4% or more of the total.