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Mortgage Banking Activities, Net (Tables) | 9 Months Ended
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Sep. 30, 2016
Mortgage Banking [Abstract] |
Mortgage Banking Activities | The following table presents the components of Mortgage banking activities, net, recorded in our consolidated statements of income for the three and nine months ended September 30, 2016 and 2015. Table 18.1 – Mortgage Banking Activities
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In Thousands) |  | 2016 |  | 2015 |  | 2016 |  | 2015
Residential Mortgage Banking Activities, Net: |  |  |  |  |  |  |  |
Changes in fair value of: |  |  |  |  |  |  |  |
Residential loans, at fair value (1) |  | $ | 12,671 |  |  | $ | 36,183 |  |  | $ | 47,456 |  |  | $ | 54,375 |
Sequoia securities |  | — |  |  | — |  |  | 1,455 |  |  | (14,359 | )
Risk management derivatives (2) |  | (3,287 | ) |  | (37,029 | ) |  | (22,743 | ) |  | (35,842 | )
Other income (expense), net (3) |  | 382 |  |  | 1,177 |  |  | 606 |  |  | 3,209 |
Total residential mortgage banking activities, net |  | 9,766 |  |  | 331 |  |  | 26,774 |  |  | 7,383 |
Commercial Mortgage Banking Activities, Net: |  |  |  |  |  |  |  |
Changes in fair value of: |  |  |  |  |  |  |  |
Commercial loans, at fair value |  | — |  |  | 3,974 |  |  | 433 |  |  | 10,819 |
Risk management derivatives (2) |  | — |  |  | (3,081 | ) |  | (2,538 | ) |  | (7,832 | )
Other fee income |  | — |  |  | 109 |  |  | 43 |  |  | 336 |
Total commercial mortgage banking activities, net |  | — |  |  | 1,002 |  |  | (2,062 | ) |  | 3,323 |
Mortgage Banking Activities, Net |  | $ | 9,766 |  |  | $ | 1,333 |  |  | $ | 24,712 |  |  | $ | 10,706 |
(1) | Includes changes in fair value for associated loan purchase and forward sale commitments.
(2) | Represents market valuation changes of derivatives that were 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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- References No definition available. + Details
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