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Mortgage Servicing (Tables)

6 Months Ended

Jun. 30, 2021

MSRs

Product and geographic concentrations

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, 2021										​
Product Concentrations						​	Geographic Concentrations			​
​	​	​	​	​	​	​	​	​	UPB	​
​		​	​		Percent of		​		Percentage
Product	​	UPB (1)		​	Total	​	State	​	of Total	​
Fannie Mae	​	$	19,191,969	​	74	%	Texas	​	15	%
Freddie Mac	​	​	4,708,457		18	%	New York	​	11	%
Private Label (2)	​	​	1,176,627		5	%	North Carolina	​	9	%
FHA	​	​	882,899	​	3	%	California	​	8	%
SFR - Fixed Rate	​	​	75,103	​	<1	%	Florida	​	6	%
Total	​	$	26,035,055	​	100	%	Georgia	​	6	%
​	​	​	​	​	​	​	New Jersey	​	5	%
​	​	​	​	​	​	​	Other (3)	​	40	%
​	​	​	​	​	​	​	Total	​	100	%

​

​	​	​	​	​	​	​	​	​	​	​
December 31, 2020										​
Fannie Mae		$	18,268,268		74	%	Texas		16	%
Freddie Mac	​	​	4,881,080	​	20	%	New York	​	9	%
FHA	​	​	752,116	​	3	%	North Carolina	​	9	%
Private Label	​	​	726,992	​	3	%	California	​	9	%
Total	​	$	24,628,456	​	100	%	Florida	​	7	%
​	​	​	​	​	​	​	Georgia	​	6	%
​	​	​	​	​	​	​	New Jersey	​	4	%
​	​	​	​	​	​	​	Other (3)	​	40	%
​	​	​	​	​	​	​	Total	​	100	%

(1) Excludes loans which we are not collecting a servicing fee.

(2) Represents loans we service in connection with our Private Label securitizations (see Note 4 for details).

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

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