XML 33 R29.htm IDEA: XBRL DOCUMENT v3.20.1
Fair Value (Tables)
 3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Undesignated Derivative Instruments
The fair value measurement of NVRM's undesignated derivative instruments was as follows:
March 31, 2020December 31, 2019
Rate lock commitments:
Gross assets$21,910  $8,132  
Gross liabilities2,880  497  
Net rate lock commitments$19,030  $7,635  
Forward sales contracts:
Gross assets$274  $377  
Gross liabilities27,371  920  
Net forward sales contracts$(27,097) $(543) 
Fair Value Measurement
The fair value measurement adjustment as of March 31, 2020 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$972,380  $3,137  $15,723  $170  $—  $19,030  
Forward sales contracts$1,293,045  —  —  —  (27,097) (27,097) 
Mortgages held for sale$419,485  3,829  7,775  (147) —  11,457  
Total fair value measurement$6,966  $23,498  $23  $(27,097) $3,390