XML 52 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Allowance for Loss-Sharing Obligations (Tables)
 9 Months Ended
Sep. 30, 2017
Allowance for Loss-Sharing Obligations  
Summary of allowance for loss-sharing obligations related to Fannie Mae DUS program

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Beginning balance

 

$
32,797,406

 

$

—

 

$
32,407,554

 

$

—

 

Allowance for loss-sharing obligations assumed in the Acquisition

 

—

 
32,616,821

 

—

 
32,616,821

 

Provisions for loss sharing (net of recoveries)

 
(2,617,064

)
1,316,862

 
(405,494

)
1,316,862

 

Charge-offs, net

 
(21,878

)
(2,820,270

)
(1,843,596

)
(2,820,270

)

 

 

 

 

 

 

 

 

 

 

Ending balance

 

$
30,158,464

 

$
31,113,413

 

$
30,158,464

 

$
31,113,413