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Fair Value (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Undesignated Derivative Instruments
The fair value measurement of NVRM's undesignated derivative instruments was as follows:
  
 
 
As of December 31,
 
 
2018
 
2017
Rate lock commitments:
 
 
 
 
Gross assets
 
$
13,831

 
$
5,400

Gross liabilities
 
345

 
1,832

Net rate lock commitments
 
$
13,486

 
$
3,568

Forward sales contracts:
 
 
 
 
Gross assets
 
$
64

 
$
992

Gross liabilities
 
10,121

 
667

Net forward sales contracts
 
$
(10,057
)
 
$
325

Fair Value Measurement
The fair value measurement as of December 31, 2018 was as follows:
 
 
 
Notional or
Principal
Amount
 
Assumed
Gain/(Loss)
From Loan
Sale
 
Interest
Rate
Movement
Effect
 
Servicing
Rights
Value
 
Security
Price
Change
 
Total Fair
Value
Measurement
Gain/(Loss)
Rate lock commitments
 
$
682,152

 
$
1,360

 
$
4,630

 
$
7,496

 
$

 
$
13,486

Forward sales contracts
 
$
1,089,923

 

 

 

 
(10,057
)
 
(10,057
)
Mortgages held for sale
 
$
447,444

 
1,267

 
3,637

 
5,976

 

 
10,880

Total fair value measurement
 
$
2,627

 
$
8,267

 
$
13,472

 
$
(10,057
)
 
$
14,309