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Note 16 OTHER LIABILITIES (Detail) - (Table 1) (USD $) In Thousands, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011
--- | --- | ---
Accrued expenses (1) | $ 106,376 | [1] | $ 47,198 | [1]
Due to related parties (2) | 45,034 | [2] | 4,274 | [2]
Checks held for escheat | 33,225 |  | 22,481 |
Liability for selected tax items (3) | 22,702 | [3] | 4,524 | [3]
Derivatives, at fair value (4) | 18,658 | [3] | 20,276 | [3]
Payable to servicing and subservicing investors (5) | 9,973 | [4] | 28,824 | [4]
Servicing liabilities (6) | 9,830 | [5] | 9,662 | [5]
Accrued interest payable | 5,410 |  | 4,140 |
Secured borrowings – owed to securitization investors (7) |  | [6] | 53,323 | [6]
Other | 26,456 | [7] | 8,137 |
| $ 277,664 |  | $ 202,839 |
[1] | Includes $63,406 of accrued expenses attributable to Homeward, including $38,093 of accruals related to loan repurchase obligations and reserves for indemnification for servicing errors and for compensatory fees for foreclosures that exceed investor timelines.
[2] | See Note 27 for additional information regarding transactions with Altisource and HLSS.
[3] | See Note 22 for information on the liability for selected tax items.
[4] | See Note 19 for additional information regarding derivatives.
[5] | The balance represents amounts due to investors in connection with loans we service under servicing and subservicing agreements.
[6] | Secured borrowings - owed to securitization investors consisted of certificates representing beneficial ownership interests in four securitization trusts that we included in our consolidated financial statements until December 2012 when we sold our interests in the trusts, as more fully described in Note 1-Securitizations of Residential Mortgage Loans.
[7] | Our acquisition of MSRs during the second quarter of 2012 included a servicing liability with a fair value of $1,441. During, 2012, 2011 and 2010, amortization of servicing liabilities exceeded the amount of charges we recognized to increase servicing liability obligations by $1,274, $2,725 and $172, respectively. Amortization of mortgage servicing rights is reported net of this amount in the Consolidated Statement of Operations.

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