MORTGAGE SERVICING RIGHTS (Tables)

3 Months Ended

Mar. 31, 2020

Transfers and Servicing [Abstract]

Presentation of Activity Related to MSR

The following table presents activity related to MSRs for the three months ended March 31, 2020 and 2019:

 

	Three Months Ended
	March 31, 2020			March 31, 2019
	(dollars in thousands)
Fair value, beginning of period	$	378,078		$	557,813
Change in fair value due to:
Changes in valuation inputs or assumptions (1)	(79,224		)	(43,089		)
Other changes, including realization of expected cash flows	(18,296		)	(13,979		)
Fair value, end of period	$	280,558		$	500,745
(1)     Principally represents changes in discount rates and prepayment speed inputs used in valuation model, primarily due to changes in interest rates.