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v3.22.2

Servicing rights (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | Dec. 31, 2021
Servicing rights |  |  |  |  |
Unpaid Principal Amount | $ 5,550,785 |  | $ 5,550,785 |  | $ 5,089,157
Carrying Value | 84,858 |  | 84,858 |  | 84,457
Total servicing rights | 253,511 | $ 145,265 | 253,511 | $ 145,265 | 204,599
Servicing rights activity at amortized cost |  |  |  |  |
Beginning net carrying value at amortized cost |  |  | 84,457 |  |
Ending net carrying value at amortized cost | 84,858 |  | 84,858 |  |
Residential MSRs |  |  |  |  |
Servicing rights |  |  |  |  |
Unpaid Principal Amount | 11,722,925 |  | 11,722,925 |  | 10,995,685
Servicing rights activity at fair value |  |  |  |  |
Beginning net carrying value at fair value | 159,834 | 98,542 | 120,142 | 76,840 |
Additions due to loans sold, servicing retained | 12,448 | 11,925 | 22,954 | 23,973 |
Loan pay-offs | (3,614) | (4,948) | (7,026) | (10,650) |
Unrealized gains (losses) | (15) | (4,699) | 32,583 | 10,657 |
Ending net carrying value at fair value | 168,653 | 100,820 | 168,653 | 100,820 |
Multi-family |  |  |  |  |
Servicing rights |  |  |  |  |
Unpaid Principal Amount | 4,624,421 |  | 4,624,421 |  | 4,232,969
Carrying Value | 63,188 | 24,724 | 63,188 | 24,724 | 62,300
Servicing rights activity at amortized cost |  |  |  |  |
Beginning net carrying value at amortized cost | 61,418 | 21,757 | 62,300 | 19,059 |
Additions due to loans sold, servicing retained | 4,164 | 3,909 | 5,627 | 7,468 |
Amortization | (2,394) | (942) | (4,739) | (1,803) |
Ending net carrying value at amortized cost | 63,188 | 24,724 | 63,188 | 24,724 |
SBA |  |  |  |  |
Servicing rights |  |  |  |  |
Unpaid Principal Amount | 926,364 |  | 926,364 |  | 856,188
Carrying Value | 21,670 | 19,721 | 21,670 | 19,721 | $ 22,157
Servicing rights activity at amortized cost |  |  |  |  |
Beginning net carrying value at amortized cost | 22,891 | 18,642 | 22,157 | 18,764 |
Additions due to loans sold, servicing retained | 2,045 | 2,741 | 3,779 | 3,700 |
Amortization | (1,000) | (1,042) | (1,949) | (2,089) |
Impairment (recovery) | (2,266) | (620) | (2,317) | (654) |
Ending net carrying value at amortized cost | 21,670 | 19,721 | 21,670 | 19,721 |
SBA | Multi-family |  |  |  |  |
Servicing rights |  |  |  |  |
Carrying Value | 84,858 | 44,445 | 84,858 | 44,445 |
Servicing rights activity at amortized cost |  |  |  |  |
Ending net carrying value at amortized cost | $ 84,858 | $ 44,445 | $ 84,858 | $ 44,445 |

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