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Derivative Financial Instruments and Hedging Activities (Tables) | 9 Months Ended
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Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Activity | The following table summarizes derivative activity, including the derivatives used in each of our identified hedging programs. The notional amount of our contracts does not represent our exposure to credit loss. None of the derivatives were designated as a hedge for accounting purposes as of, or during the nine months ended September 30, 2019 and 2018:
| IRLCs |  | Interest Rate Risk
| MSR Hedging |  | IRLCs and Loans Held for Sale |  | Borrowings
| TBA / Forward MBS Trades |  | Forward Trades |  | Interest Rate Caps
Notional balance at September 30, 2019 | $ | 173,616 |  |  | $ | 700,000 |  |  | $ | 9,763 |  |  | $ | 57,083 |
Maturity | Oct. 2019 - Dec. 2019 |  | Dec. 2019 |  | Dec. 2019 |  | Oct. 2019 - May 2020
Fair value of derivative assets (liabilities) at: |  |  |  |  |  |  |  |  |  |  |
September 30, 2019 | $ | 4,781 |  |  | $ | 887 |  |  | $ | (3,126 | ) |  | $ | — |
December 31, 2018 | 3,871 |  |  | — |  |  | (4,983 | ) |  | 678 |
Gains (losses) on derivatives during the nine months ended: | Gain on loans held for sale, net |  | MSR valuation adjustments, net |  | Gain on loans held for sale, net |  | Other, net
September 30, 2019 | $ | 401 |  |  | $ | 322 |  |  | $ | (3,344 | ) |  | $ | (358 | )
September 30, 2018 | 137 |  |  | $ | — |  |  | 2,082 |  |  | (308 | )

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
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