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Derivative Financial Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Changes in Notional Balances of Holdings of Derivatives
The following table summarizes derivative activity, including the derivatives used in each of our identified hedging programs. None of the derivatives was designated as a hedge for accounting purposes at December 31, 2018: 
 
 
 
Interest Rate Risk
 
 
 
IRLCs and Loans Held for Sale
 
Borrowings
 
IRLCs
 
Forward MBS Trades
 
Interest Rate Caps
Notional balance at December 31, 2017
$
96,339

 
$
240,823

 
$
375,000

Additions
1,288,938

 
404,162

 
173,750

Assumed in connection with the acquisition of PHH
50,731

 
—

 
—

Amortization
—

 
—

 
(288,750
)
Maturities
(1,014,466
)
 
(479,622
)
 
—

Terminations
(271,367
)
 
—

 
—

Notional balance at December 31, 2018
$
150,175

 
$
165,363

 
$
260,000

 
 
 
 
 
 
Maturity
Jan. 2019 to Mar. 2019
 
Mar. 2019
 
May 2019 to May 2020
 
 
 
 
 
 
Fair value of derivative assets (liabilities) (1) at:
 

 
 

 
 

December 31, 2018
$
3,871

 
$
(4,983
)
 
$
678

December 31, 2017
3,283

 
(545
)
 
2,056

 
 
 
 
 
 
Gains (losses) on derivatives during the years ended:
Gain on loans held for sale, net
 
Other, net
December 31, 2018
$
3,809

 
$
136

 
$
(841
)
December 31, 2017
(3,089
)
 
(8,529
)
 
10


(1)
Derivatives are reported at fair value in Other assets or in Other liabilities on our consolidated balance sheets.