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Residential Mortgage Servicing Rights (Tables)
 6 Months Ended
Jun. 30, 2017
Transfers and Servicing [Abstract]  
Schedule Of Changes In Mortgage Servicing Rights
The following table presents the changes in the Company's residential mortgage servicing rights ("MSR"), which are carried at fair value, for the three and six months ended June 30, 2017 and 2016: 
(in thousands) 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Balance, beginning of period
$
142,344

 
$
117,172

 
$
142,973

 
$
131,817

Additions for new MSR capitalized
7,819

 
8,863

 
14,860

 
14,843

Changes in fair value:
 
 
 
 
 
 
 
 Due to changes in model inputs or assumptions(1)
(4,573
)
 
(6,836
)
 
(8,179
)
 
(17,087
)
 Other(2)
(3,758
)
 
(7,104
)
 
(7,822
)
 
(17,478
)
Balance, end of period
$
141,832

 
$
112,095

 
$
141,832

 
$
112,095

 
(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 June 30, 2017 and December 31, 2016 is as follows: 
(dollars in thousands)
June 30, 2017
 
December 31, 2016
Balance of loans serviced for others
$
14,797,242

 
$
14,327,368

MSR as a percentage of serviced loans
0.96
%
 
1.00
%
Key Assumptions Used In Measuring The Fair Value of MSR
Key assumptions used in measuring the fair value of the MSR as of June 30, 2017 and December 31, 2016 were as follows: 
 
June 30, 2017
 
December 31, 2016
Constant prepayment rate
13.59
%
 
11.43
%
Discount rate
9.70
%
 
9.69
%
Weighted average life (years)
5.6

 
6.6
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 June 30, 2017 and December 31, 2016 is as follows:
(in thousands)
June 30, 2017
 
December 31, 2016
Constant prepayment rate
 
 
 
Effect on fair value of a 10% adverse change
$
(6,052
)
 
$
(6,075
)
Effect on fair value of a 20% adverse change
$
(11,645
)
 
$
(11,720
)
 
 
 
 
Discount rate
 
 
 
Effect on fair value of a 100 basis point adverse change
$
(5,001
)
 
$
(5,817
)
Effect on fair value of a 200 basis point adverse change
$
(9,633
)
 
$
(11,118
)