Fair Value (Tables)

3 Months Ended

Mar. 31, 2017

The undesignated derivative instruments are included on the accompanying condensed consolidated balance sheet, as of March 31, 2017, as follows:

	Fair Value		Balance Sheet Location
Rate lock commitments:
Gross assets	$	7,844
Gross liabilities		3,324
Net rate lock commitments	$	4,520	NVRM - Other assets
Forward sales contracts:
Gross assets	$	131
Gross liabilities		3,474
Net forward sales contracts	$	3,343	NVRM - Accounts payable and other liabilities

The fair value measurement as of March 31, 2017 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	$	603,327	$	(2,871	)	$	1,771		$	5,620	$	—		$	4,520
Forward sales contracts	$	752,360		—			—			—		(3,343	)		(3,343	)
Mortgages held for sale	$	212,441		(979	)		(409	)		2,380		—			992
Total fair value measurement			$	(3,850	)	$	1,362		$	8,000	$	(3,343	)	$	2,169