Fair Value (Tables)

6 Months Ended

Jun. 30, 2014

The undesignated derivative instruments are included on the accompanying condensed consolidated balance sheet, as of June 30, 2014, as follows:


	Balance Sheet Location	Fair Value
Derivative Assets:
Rate lock commitments	NVRM - Other assets	$	4,446

Derivative Liabilities:
Forward sales contracts	NVRM - Accounts payable and other liabilities	$	1,950

The fair value measurement as of June 30, 2014 was as follows:


			Assumed			Interest							Total Fair
	Notional or		Gain/(Loss)			Rate		Servicing		Security			Value
	Principal		From Loan			Movement		Rights		Price			Measurement
	Amount		Sale			Effect		Value		Change			Gain/(Loss)
Rate lock commitments	$	413,089	$	(1,088	)	$	1,413	$	4,121	$	—		$	4,446
Forward sales contracts	$	504,091		—			—		—		(1,950	)		(1,950	)
Mortgages held for sale	$	168,387		(456	)		738		1,801		—			2,083

Total Fair Value Measurement			$	(1,544	)	$	2,151	$	5,922	$	(1,950	)	$	4,579