XML 49 R33.htm IDEA: XBRL DOCUMENT v3.22.4
Mortgage Servicing (Tables)
12 Months Ended
Dec. 31, 2022
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, 2022

Product Concentrations

Geographic Concentrations

UPB 

Product

    

UPB (1)

    

% of Total

    

State

    

% of Total

Fannie Mae

$

19,038,124

68

%  

Texas

11

%

Freddie Mac

5,153,207

 

18

%  

New York

11

%

Private Label

2,074,859

 

8

%  

California

8

%

FHA

1,155,893

4

%

North Carolina

8

%

Bridge (2)

301,182

1

%

Georgia

6

%

SFR - Fixed Rate

274,764

1

%  

Florida

5

%

Total

$

27,998,029

100

%  

New Jersey

5

%

Illinois

4

%

Other (3)

42

%

Total

100

%

December 31, 2021

Fannie Mae

    

$

19,127,397

    

71

%  

Texas

    

12

%

Freddie Mac

4,943,905

18

%  

New York

11

%

Private Label

1,711,326

6

%  

North Carolina

9

%

FHA

985,063

4

%

California

8

%

SFR - Fixed Rate

191,698

1

%  

Georgia

6

%

Total

$

26,959,389

100

%  

Florida

6

%

New Jersey

6

%

Other (3)

42

%

Total

100

%

(1)Excludes loans which we are not collecting a servicing fee.
(2)Represents four bridge loans sold by our Structured Business that we are servicing, see Note 3 for details.
(3)No other individual state represented 4% or more of the total.