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Mortgage Servicing Rights (Tables)
 9 Months Ended
Sep. 30, 2021
Transfers and Servicing [Abstract]  
Schedule of Unpaid Principal Loan Balance of Servicing Portfolio
The unpaid principal loan balance of our servicing portfolio is presented in the following table as of:
September 30, 2021December 31, 2020
Federal National Mortgage Association$2,278,202 $2,117,703 
Federal Home Loan Mortgage Corporation1,425,824 948,934 
Government National Mortgage Association757,859 722,138 
Federal Home Loan Bank148,214 245,246 
Other1,948 2,144 
Total$4,612,047 $4,036,165 
Schedule of Mortgage Servicing Rights at Fair Value
The activity of MSRs carried at fair value is as follows:
For the three months ended September 30,For the nine months ended September 30,
2021202020212020
Balance, beginning of period$40,844 $23,800 $29,144 $29,003 
Additions:
Servicing resulting from transfers of financial assets5,303 6,614 18,533 15,879 
Changes in fair value:
Due to changes in valuation inputs or assumptions used in the valuation model948 (2,114)5,209 (13,215)
Changes in fair value due to pay-offs, pay-downs, and runoff(3,124)(2,495)(8,915)(5,862)
Balance, end of period$43,971 $25,805 $43,971 $25,805 
Schedule Of Fair Value Assumptions, Servicing Assets
The following represents the weighted-average key assumptions used to estimate the fair value of MSRs as of:
September 30, 2021December 31, 2020September 30, 2020
Discount rate9.22 %9.12 %9.28 %
Total prepayment speeds12.15 %16.99 %18.79 %
Cost of servicing each loan
$86/per loan
$85/per loan
$86/per loan
Schedule of Servicing and Ancillary Fees from Mortgage Servicing Portfolio
Total servicing and ancillary fees earned from the mortgage servicing portfolio is presented in the following table:
For the three months ended September 30,For the nine months ended September 30,
2021202020212020
Servicing fees$3,101 $2,400 $8,853 $6,773 
Late and ancillary fees118 92 317 277 
Total$3,219 $2,492 $9,170 $7,050