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NOTE 19 INTEREST EXPENSE

3 Months Ended

Mar. 31, 2013

Interest Expense [Abstract]

INTEREST EXPENSE

Note 19 Interest Expense

The following table presents the components of interest expense:

Three Months Ended March 31		2013				2012
Match funded liabilities		$	30,351			$	31,115
Other borrowings (1)			60,523				14,222
Debt securities:
3.25% Convertible Notes			—				153
10.875% Capital Trust Securities			—				710
Other			2,542				724
		$	93,416			$	46,924

(1) Includes interest expense of $44.5 million and $2.9 million for the three months ended March 31, 2013 and 2012, respectively, related to financing liabilities recorded in connection with the HLSS Transactions. See Note 4 – Asset Sales and Financing and Note 15 – Other Borrowings for additional information.

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The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities.

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