MORTGAGE SERVICING RIGHTS - Summary of Actual Revenue Generated from Servicing Activities (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
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Transfers and Servicing [Abstract] | ||||
Servicing fees from servicing portfolio | $ 69,140 | $ 60,992 | $ 199,239 | $ 179,382 |
Late fees | 2,200 | 1,729 | 6,298 | 5,016 |
Other ancillary servicing revenue and fees | (389) | (780) | (1,089) | (2,159) |
Total loan servicing and other fees | $ 70,951 | $ 61,941 | $ 204,448 | $ 182,239 |
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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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