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Mortgage Banking Activities (Tables) | 3 Months Ended
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Mar. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Components of Mortgage Banking Activities, Net | The following table presents the components of mortgage banking activities, net, recorded in our consolidated income statements for the three months ended March 31, 2015 and 2014.
|  | Three Months Ended March 31,
(In Thousands) |  | 2015 |  | 2014
Residential mortgage banking activities: |  |  |  |
Changes in fair value of: |  |  |  |
Residential loans, at fair value (1) |  | $ | 20,312 |  |  | $ | 7,045 |
Sequoia IO securities |  | (14,359 | ) |  | (4,277 | )
Risk management derivatives (2) |  | (4,371 | ) |  | (4,278 | )
Other (3) |  | 633 |  |  | 446 |
Total residential mortgage banking activities: |  | 2,215 |  |  | (1,064 | )
Commercial mortgage banking activities: |  |  |  |
Changes in fair value of: |  |  |  |
Commercial loans, at fair value |  | 5,857 |  |  | 3,626 |
Risk management derivatives (2) |  | (6,212 | ) |  | (2,803 | )
Other (3) |  | 63 |  |  | 10 |
Total commercial mortgage banking activities: |  | (292 | ) |  | 833 |
Mortgage banking activities |  | $ | 1,923 |  |  | $ | (231 | )
(1) | Includes changes in fair value for loan purchase and forward sale commitments.
(2) | Represents market valuation changes of derivatives that are used to manage risks associated with our accumulation of residential and commercial loans.
(3) | Amounts in this line item include other fee income from loan acquisitions and the provision for repurchases expense, presented net.

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- Definition Tabular disclosure of the components of mortgage banking activities, net. This includes market valuations related to residential and commercial loans, retained Sequoia IOs, and mortgage banking derivatives, as well as realized gains or losses associated with residential and commercial loan sales and securitizations. + References No definition available. + Details
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