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Note 9 RECEIVABLES | 3 Months Ended
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Mar. 31, 2012
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 9 Receivables Receivables consisted of the following at the dates indicated:
|  | Receivables |  |  | Allowance for Credit Losses |  |  | Net |
March 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |
Servicing (1) |  | $ | 38,727 |  |  | $ | (2,576 | ) |  | $ | 36,151 |
Income taxes receivable |  |  | 13,879 |  |  |  | — |  |  |  | 13,879 |
Affordable housing (2) |  |  | 5,568 |  |  |  | (5,019 | ) |  |  | 549 |
Due from HLSS (3) |  |  | 4,550 |  |  |  | — |  |  |  | 4,550 |
Due from Altisource (3) |  |  | 3,206 |  |  |  | — |  |  |  | 3,206 |
Derivatives, at fair value (4) |  |  | 2,750 |  |  |  | — |  |  |  | 2,750 |
Other |  |  | 2,848 |  |  |  | (1,698 | ) |  |  | 1,150 |
|  | $ | 71,528 |  |  | $ | (9,293 | ) |  | $ | 62,235 |
December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |
Servicing (1) |  | $ | 53,852 |  |  | $ | (1,648 | ) |  | $ | 52,204 |
Income taxes receivable |  |  | 21,518 |  |  |  | — |  |  |  | 21,518 |
Affordable housing (2) |  |  | 5,568 |  |  |  | (5,019 | ) |  |  | 549 |
Due from Altisource (3) |  |  | 2,309 |  |  |  | — |  |  |  | 2,309 |
Derivatives, at fair value (4) |  |  | 3,600 |  |  |  | — |  |  |  | 3,600 |
Other |  |  | 4,284 |  |  |  | (1,262 | ) |  |  | 3,022 |
|  | $ | 91,131 |  |  | $ | (7,929 | ) |  | $ | 83,202 |
(1) | Balances arise from our Servicing business and primarily include reimbursable expenditures due from investors and amounts to be recovered from the custodial accounts of the trustees.
(2) | Balances primarily represent payments to be received for proceeds from sales of investments in affordable housing properties. None of these receivables is delinquent.
(3) | See Note 20 for additional information regarding transactions with HLSS and Altisource.
(4) | Balances represent the fair value of the interest rate cap we entered into in 2011. See Note 15 for additional information regarding our use of derivative financial instruments.
Receivable balances are evaluated individually. The change in the allowance for credit losses for the three months ended March 31, 2012 and the balance of the related receivables at those dates were as follows (the disclosure requirements for the allowance for credit losses do not apply to mortgage banking activities, including the long-term servicing of loans, such as the activities of our Servicing segment):
|  | Affordable Housing |  |  | Other |  |  | Total |
Allowance for credit losses balance at December 31, 2011 |  | $ | 5,019 |  |  | $ | 1,262 |  |  | $ | 6,281 |
Charge offs |  |  | — |  |  |  | — |  |  |  | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |
Provision (reversal), net |  |  | — |  |  |  | 455 |  |  |  | 455 |
Other |  |  | — |  |  |  | (19 | ) |  |  | (19 | )
Allowance for credit losses balance at March 31, 2012 |  | $ | 5,019 |  |  | $ | 1,698 |  |  | $ | 6,717 |
Receivables balance at March 31, 2012 |  | $ | 5,568 |  |  | $ | 2,848 |  |  | $ | 8,416 |

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- Definition The entire disclosure for claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5066-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 13 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5162-111524 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 4 -Section 08 -Paragraph k Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5074-111524 + Details
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