XML 125 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
NOTE 2 SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Tables)
 6 Months Ended
Jun. 30, 2013
Asset Sales and Financing [Abstract]  
Schedule of cash flows related to transfers accounted for as sales
    Three Months     Six Months  
Proceeds received from securitizations   $ 1,887,359     $ 4,464,151  
Servicing fees collected     5,290       6,807  
Purchases of previously transferred assets     (4,854 )     (11,790 )
    $ 1,887,795     $ 4,459,168  
Schedule of assets that relate to our continuing involvement with forward loans that we have transferred with servicing rights retained as well as our maximum exposure to loss including the unpaid principal balance
    June 30, 
2013		     December 31,
2012		  
Carrying value of assets:                
Mortgage servicing rights, at amortized cost   $ 44,375     $ —  
Mortgage servicing rights, at fair value     2,580        2,908  
Advances and match funded advances     764       —  
Unpaid principal balance of loans transferred (1)     4,458,218       238,010  
Maximum exposure to loss   $ 4,505,937     $ 240,918  
(1) The UPB of the loans transferred is the maximum exposure to loss under our standard representations and warranties obligations.