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Fair Value of Financial Instruments - Changes in Level 3 Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) $ in Thousands | 9 Months Ended
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Sep. 30, 2017 USD ($)
Asset-backed securities issued |
Liabilities |
Beginning balance | $ 773,462
Acquisitions | 286,898
Sales | 0
Principal paydowns | (146,358)
Gains (losses) in net income, net | 30,286
Unrealized gains in OCI, net | 0
Other settlements, net | 0
Ending balance | 944,288
Residential Loans |
Assets |
Beginning balance | 3,886,845
Acquisitions | 3,791,471
Sales | (3,147,707)
Principal paydowns | (405,888)
Gains (losses) in net income, net | 62,290
Unrealized losses in OCI, net | 0
Other settlements, net | (3,178)
Ending balance | 4,183,833
Trading securities retained, at fair value |
Assets |
Beginning balance | 445,687
Acquisitions | 444,073
Sales | (87,092)
Principal paydowns | (13,219)
Gains (losses) in net income, net | 30,685
Unrealized losses in OCI, net | 0
Other settlements, net | 0
Ending balance | 820,134
AFS Securities |
Assets |
Beginning balance | 572,752
Acquisitions | 31,654
Sales | (60,801)
Principal paydowns | (42,325)
Gains (losses) in net income, net | 24,011
Unrealized losses in OCI, net | 10,847
Other settlements, net | 0
Ending balance | 536,138
MSRs |
Assets |
Beginning balance | 118,526
Acquisitions | 7,957
Sales | (52,966)
Principal paydowns | 0
Gains (losses) in net income, net | (10,589)
Unrealized losses in OCI, net | 0
Other settlements, net | 0
Ending balance | 62,928
Guarantee Asset |
Assets |
Beginning balance | 4,092
Acquisitions | 0
Sales | 0
Principal paydowns | 0
Gains (losses) in net income, net | (1,043)
Unrealized losses in OCI, net | 0
Other settlements, net | 0
Ending balance | 3,049
Derivatives |
Assets |
Beginning balance | (486)
Acquisitions | 0
Sales | 0
Principal paydowns | 0
Gains (losses) in net income, net | 33,686
Unrealized losses in OCI, net | 0
Other settlements, net | (31,079)
Ending balance | $ 2,121

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- Definition Amount of gain (loss) recognized in the income statement for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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