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Mortgage Servicing Rights (Tables)
 12 Months Ended
Dec. 31, 2013
Transfers and Servicing [Abstract]  
Schedule Of Changes In Mortgage Servicing Rights
The following table presents the changes in the Company’s mortgage servicing rights (“MSR”) for the years ended December 31, 2013, 2012 and 2011: 

(in thousands) 
 
2013
 
2012
 
2011
Balance, beginning of period
$
27,428

 
$
18,184

 
$
14,454

Additions for new mortgage servicing rights capitalized
17,963

 
17,710

 
6,720

Changes in fair value:
 
 
 
 
 
 Due to changes in model inputs or assumptions(1)
5,688

 
(4,651
)
 
(858
)
 Other(2)
(3,314
)
 
(3,815
)
 
(2,132
)
Balance, end of period
$
47,765

 
$
27,428

 
$
18,184

 
(1)
Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates. 
(2)
Represents changes due to collection/realization of expected cash flows over time.
Schedule Of Other Information Servicing Loan Portfolio
Information related to our serviced loan portfolio as of December 31, 2013, 2012 and 2011 is as follows: 
 
(dollars in thousands)
 
December 31, 2013
 
December 31, 2012
 
December 31, 2011
Balance of loans serviced for others
$
4,362,499

 
$
3,162,080

 
$
2,009,849

MSR as a percentage of serviced loans
1.09
%
 
0.87
%
 
0.90
%
Sensitivity Analysis of Current Fair Value to Changes in Discount and Prepayment Speed Assumptions
A sensitivity analysis of the current fair value to changes in discount and prepayment speed assumptions as of December 31, 2013 and December 31, 2012 is as follows:
 
December 31, 2013
 
December 31, 2012
Constant prepayment rate
 
 
 
Effect on fair value of a 10% adverse change
$
(2,255
)
 
$
(1,445
)
Effect on fair value of a 20% adverse change
$
(4,323
)
 
$
(2,754
)
 
 
 
 
Discount rate
 
 
 
Effect on fair value of a 100 basis point adverse change
$
(1,832
)
 
$
(889
)
Effect on fair value of a 200 basis point adverse change
$
(3,534
)
 
$
(1,720
)