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COMMITMENTS (Tables) | 12 Months Ended
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Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract] |
Schedule of funding commitments that could potentially require performance in the event of demands by third parties or contingent events | The Company has funding commitments that could potentially require performance in the event of demands by third parties or contingent events, as follows (in thousands):
| Commitments Due By Period
| Total |  | Less Than 1 year |  | 1-3 years |  | 3-5 years |  | More Than 5 years
Surety bonds (a) | $ | 5,077 |  |  | $ | 4,952 |  |  | $ | 125 |  |  | $ | — |  |  | $ | — |
(a) State laws and regulations generally require businesses which engage in mortgage brokering activity to maintain a mortgage broker or similar license. Mortgage brokering activity is generally defined to include, among other things, receiving valuable consideration for offering assistance to a buyer in obtaining a residential mortgage or soliciting financial and mortgage information from the public and providing that information to an originator of residential mortgage loans. All states require that the Company maintain surety bonds for potential claims.

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