MORTGAGE SERVICING RIGHTS (Tables)

12 Months Ended

Dec. 31, 2019

Transfers and Servicing [Abstract]

Presentation of Activity Related to MSR

The following table presents activity related to MSRs for the years ended December 31, 2019 and 2018:

 

	December 31, 2019			December 31, 2018
	(dollars in thousands)
Fair value, beginning of period	$	557,813		$	580,860
Other (1)	—			(4		)
Change in fair value due to
Changes in valuation inputs or assumptions (2)	(102,016		)	56,721
Other changes, including realization of expected cash flows	(77,719		)	(79,764		)
Fair value, end of period	$	378,078		$	557,813
(1)     Includes adjustments to original purchase price from early payoffs, defaults, or loans that were delivered but were deemed to be not acceptable. (2)     Principally represents changes in discount rates and prepayment speed inputs used in valuation model, primarily due to changes in interest rates.