MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2020

Transfers and Servicing [Abstract]

Presentation of Activity Related to MSR

The following table presents activity related to MSRs for the three and nine months ended September 30, 2020 and 2019:

	Three Months Ended				Nine Months Ended
	September 30, 2020		September 30, 2019		September 30, 2020		September 30, 2019
	(dollars in thousands)
Fair value, beginning of period	$	227,400	$	425,328	$	378,078	$	557,813
Change in fair value due to:
Changes in valuation inputs or assumptions (1)	7,633		(17,312)		(99,220)		(116,150)
Other changes, including realization of expected cash flows	(27,048)		(21,965)		(70,873)		(55,612)
Fair value, end of period	$	207,985	$	386,051	$	207,985	$	386,051
(1)     Principally represents changes in discount rates and prepayment speed inputs used in valuation model, primarily due to changes in interest rates.