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NOTE 4 ASSET SALES AND FINANCING (Tables)

3 Months Ended

Mar. 31, 2013

Asset Sales and Financing [Abstract]

Schedule of assets and liabilities sold to HLSS

		2013				2012
Sale of MSRs accounted for as a financing		$	100,707			$	62,458
Sale of match funded advances			703,206				—
Sale of advance SPEs:
Match funded advances			—				413,374
Debt service account			—				14,786
Prepaid lender fees and debt issuance costs			—				5,422
Other prepaid expenses			—				1,928
Match funded liabilities			—				(358,335	)
Accrued interest payable and other accrued expenses			—				(841	)
Net assets of advance SPEs			—				76,334
Sales price, as adjusted			803,913				138,792
Amount due to HLSS for post-closing adjustments at     March 31			10,406				11,006
Cash received		$	814,319			$	149,798

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- Definition

Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination allocated to the sales of assets.

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