XML 100 R89.htm IDEA: XBRL DOCUMENT v3.5.0.2
Mortgage Servicing Rights - Activity for Residential First-Lien Mortgage Servicing Rights (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Servicing Asset at Fair Value, Amount [Roll Forward]        
Balance at beginning of period [1]     $ 191,976  
Additions     7,679 $ 52,297
Changes in fair value due to:        
Balance at End of Period [1] $ 106,009   106,009  
MSRs        
Servicing Asset at Fair Value, Amount [Roll Forward]        
Balance at beginning of period 110,046 $ 168,462 191,976 139,293
Additions 3,443 22,760 22,941 73,976
Sales (8,860) 0 (38,419) (18,206)
Changes in fair value due to:        
Changes in assumptions 7,085 (23,786) (52,723) (18,653)
Other changes (5,705) (4,710) (17,766) (13,684)
Balance at End of Period $ 106,009 $ 162,726 $ 106,009 $ 162,726
[1] Our consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations of these VIEs and liabilities of consolidated VIEs for which creditors do not have recourse to Redwood Trust, Inc. or its affiliates. At September 30, 2016 and December 31, 2015, assets of consolidated VIEs totaled $847,399 and $1,195,574, respectively. At September 30, 2016 and December 31, 2015, liabilities of consolidated VIEs totaled $820,391 and $1,050,861, respectively. See Note 4 for further discussion.