v3.26.1
Mortgage Servicing Rights, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Transfers and Servicing [Abstract]  
Schedule of Changes in the Carrying Amount of Mortgage Servicing Rights
The changes in the carrying amount of MSRs were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Mortgage Servicing Rights2026202520262025
Beginning Balance$516,766 $510,805 $520,405 $520,487 
Additions28,232 20,296 54,333 39,007 
Amortization(31,027)(29,079)(60,767)(57,472)
Ending Balance$513,971 $502,022 $513,971 $502,022 
Valuation Allowance
Beginning Balance$(2,518)$(2,218)$(2,411)$(2,908)
Decrease (increase)
1,538 187 1,431 877 
Ending Balance$(980)$(2,031)$(980)$(2,031)
Net Balance$512,991 $499,991 $512,991 $499,991 
Schedule of Servicing Fees and Escrow Interest
Servicing fees are included in “Management Services, Servicing Fees and Other” on the accompanying unaudited condensed consolidated statements of operations and were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Servicing fees
$49,169 $45,323 $97,692 $89,866 
Escrow interest and placement fees13,799 12,492 26,250 24,734 
Ancillary fees1,590 978 3,199 1,667 
Total$64,558 $58,793 $127,141 $116,267