MORTGAGE SERVICING RIGHTS - Summary of Actual Revenue Generated from Servicing Activities (Details) - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2024 |
Mar. 31, 2023 |
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Transfers and Servicing [Abstract] | ||
Servicing fees from servicing portfolio | $ 64,034 | $ 58,980 |
Late fees | 2,056 | 1,668 |
Other ancillary servicing revenue and fees | (302) | (561) |
Total loan servicing and other fees | $ 65,788 | $ 60,087 |
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- Definition Ancillary Fee Income (Expense) Generated by Servicing Financial Assets, Amount No definition available.
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- Definition Servicing fees from servicing portfolio. No definition available.
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- Definition Amount of contractually specified servicing fee, late fee, and ancillary fee recognized as income for servicing asset and servicing liability. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition All amounts that are due to the servicer of a financial asset as a result of the debt holder not meeting the monthly payment terms. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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