Other Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2017

Other assets at September 30, 2017 and December 31, 2016, are summarized in the following table.

Table 10.1 – Components of Other Assets



(In Thousands)	September 30, 2017		December 31, 2016
Margin receivable	$	93,679	$	68,038
FHLBC stock	43,393		43,393
Pledged collateral	42,933		42,875
MSR holdback receivable	9,754		1,862
Investment receivable	6,095		1,068
Guarantee asset	3,049		4,092
REO	3,020		5,533
Fixed assets and leasehold improvements ⁽¹⁾	2,852		2,750
Other	4,731		12,334
Total Other Assets	$	209,506	$	181,945


(1)	Fixed assets and leasehold improvements had a basis of $6 million and accumulated depreciation of $3 million at September 30, 2017.

Accrued expenses and other liabilities at September 30, 2017 and December 31, 2016 are summarized in the following table.

Table 10.2 – Components of Accrued Expenses and Other Liabilities



(In Thousands)	September 30, 2017		December 31, 2016
Guarantee obligations	$	20,101	$	21,668
Accrued compensation	18,978		18,830
Accrued taxes payable	15,835		525
Unsettled trades	12,005		24
Residential loan and MSR repurchase reserve	4,755		5,432
Legal reserve	2,000		2,000
Current accounts payable	1,920		1,151
Accrued operating expenses	1,097		4,493
Deferred tax liability	898		898
Margin payable	841		12,783
Other	2,632		4,624
Total Other Liabilities	$	81,062	$	72,428