Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Summary of Changes in Loan Origination Liability

Our mortgage operations may be responsible for losses associated with mortgage loans originated and sold to investors in the event of errors or omissions relating to representations and warranties made by us that the loans met certain requirements, including representations as to underwriting standards, the existence of primary mortgage insurance, and the validity of certain borrower representations in connection with the loan. Determining the liabilities for anticipated losses requires a significant level of management judgment. Given the nature of these claims and the uncertainty regarding their ultimate resolution, actual costs could differ from our current estimates. Loan origination reserves totaled $34.6 million at both March 31, 2018 and December 31, 2017.

Summary of Changes in Warranty Liability

Changes to warranty liabilities were as follows ($000’s omitted):



	Three Months Ended
	March 31,
	2018			2017
Warranty liabilities, beginning of period	$	72,709		$	66,134
Reserves provided	11,916			10,643
Payments	(14,282		)	(12,099		)
Other adjustments	643			3
Warranty liabilities, end of period	$	70,986		$	64,681

Summary of Changes in Self-Insurance Liability

Changes in these liabilities were as follows ($000's omitted):



	Three Months Ended
	March 31,
	2018			2017
Balance, beginning of period	$	758,812		$	831,058
Reserves provided, net	19,660			19,715
Adjustments to previously recorded reserves	2,461			(1,980		)
Payments, net (a)	(9,829		)	(13,467		)
Balance, end of period	$	771,104		$	835,326