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Mortgage Banking Activities, Net | 6 Months Ended
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Jun. 30, 2017
Mortgage Banking [Abstract] |
Mortgage Banking Activities, Net | Mortgage Banking Activities, Net The following table presents the components of Mortgage banking activities, net, recorded in our consolidated statements of income for the three and six months ended June 30, 2017 and 2016. Table 17.1 – Mortgage Banking Activities
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(In Thousands) |  | 2017 |  | 2016 |  | 2017 |  | 2016
Residential Mortgage Banking Activities, Net |  |  |  |  |  |  |  |
Changes in fair value of: |  |  |  |  |  |  |  |
Residential loans, at fair value (1) |  | $ | 16,190 |  |  | $ | 16,711 |  |  | $ | 34,986 |  |  | $ | 34,785 |
Sequoia securities |  | — |  |  | (29 | ) |  | — |  |  | 1,455 |
Risk management derivatives (2) |  | (5,310 | ) |  | (9,240 | ) |  | (6,710 | ) |  | (19,456 | )
Other income, net (3) |  | 1,166 |  |  | 286 |  |  | 1,374 |  |  | 224 |
Total residential mortgage banking activities, net |  | 12,046 |  |  | 7,728 |  |  | 29,650 |  |  | 17,008 |
Commercial Mortgage Banking Activities, Net |  | — |  |  | — |  |  | — |  |  | (2,062 | )
Mortgage Banking Activities, Net |  | $ | 12,046 |  |  | $ | 7,728 |  |  | $ | 29,650 |  |  | $ | 14,946 |
(1) | Includes changes in fair value for associated loan purchase commitments.
(2) | Represents market valuation changes of derivatives that were used to manage risks associated with our accumulation of residential 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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