v3.25.2
Mortgage Banking (Tables)
6 Months Ended
Jun. 30, 2025
Mortgage Banking [Abstract]  
Schedule of Activity in the Mortgage Servicing Rights

The activity in the MSR is detailed in the table below for the periods presented ($ in thousands):

 

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

Balance at beginning of period

 

$

139,317

 

 

$

131,870

 

Origination of servicing assets

 

 

6,917

 

 

 

6,664

 

Change in fair value:

 

 

 

 

 

 

Due to market changes

 

 

(7,874

)

 

 

3,497

 

Due to run-off

 

 

(5,658

)

 

 

(5,373

)

Balance at end of period

 

$

132,702

 

 

$

136,658

 

Schedule of Mortgage Loans Sold and Serviced for Others

The table below details the mortgage loans sold and serviced for others at June 30, 2025 and December 31, 2024 ($ in thousands):

 

 

 

June 30, 2025

 

 

December 31, 2024

 

Federal National Mortgage Association

 

$

4,782,206

 

 

$

4,821,246

 

Government National Mortgage Association

 

 

3,772,994

 

 

 

3,695,419

 

Federal Home Loan Mortgage Corporation

 

 

266,938

 

 

 

213,358

 

Other

 

 

36,537

 

 

 

32,686

 

Total mortgage loans sold and serviced for others

 

$

8,858,675

 

 

$

8,762,709