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Mortgage Banking Activities, Net | 6 Months Ended
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Jun. 30, 2019
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, 2019 and 2018. Table 19.1 – Mortgage Banking Activities
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(In Thousands) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Residential Mortgage Banking Activities, Net |  |  |  |  |  |  |  |
Changes in fair value of: |  |  |  |  |  |  |  |
Residential loans, at fair value (1) |  | $ | 20,267 |  |  | $ | 3,364 |  |  | $ | 35,111 |  |  | $ | 1,170 |
Risk management derivatives (2) |  | (5,760 | ) |  | 6,150 |  |  | (9,898 | ) |  | 34,582 |
Other income, net (3) |  | 852 |  |  | 1,082 |  |  | 973 |  |  | 1,420 |
Total residential mortgage banking activities, net |  | 15,359 |  |  | 10,596 |  |  | 26,186 |  |  | 37,172 |
Business Purpose Mortgage Banking Activities, Net: |  |  |  |  |  |  |  |
Changes in fair value of: |  |  |  |  |  |  |  |
Single-family rental loans, at fair value (1) |  | 1,882 |  |  | — |  |  | 3,626 |  |  | — |
Risk management derivatives (2) |  | (1,671 | ) |  | — |  |  | (2,517 | ) |  | — |
Residential bridge loans, at fair value |  | 1,012 |  |  | — |  |  | 1,098 |  |  | — |
Other income, net (4) |  | 2,578 |  |  | — |  |  | 3,076 |  |  | — |
Total business purpose mortgage banking activities, net |  | 3,801 |  |  | — |  |  | 5,283 |  |  | — |
Mortgage Banking Activities, Net |  | $ | 19,160 |  |  | $ | 10,596 |  |  | $ | 31,469 |  |  | $ | 37,172 |
(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 loans.
(3) | Amounts in this line item include other fee income from loan acquisitions and the provision for repurchases expense, presented net.
(4) Amounts in this line item include other fee income from loan originations.

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