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NOTE 9 MORTGAGE SERVICING (Detail) (USD $) | 9 Months Ended |  | 9 Months Ended |  |  |  |  | 1 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | ---
Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 Master servicing rights | Sep. 30, 2013 Rescap Acquisition | Sep. 30, 2013 HLSS | Dec. 31, 2012 HLSS | Oct. 25, 2013 HLSS Subsequent Event | Sep. 30, 2013 One West Bank Master servicing rights | Oct. 31, 2013 One West Bank Master servicing rights Subsequent Event | Nov. 01, 2013 One West Bank Master servicing rights Subsequent Event
Carrying value of servicing assets sold | $ 465,800,000 |  |  |  |  |  |  |  |  |  |  |  |
Unpaid principal balance of small balance commercial loans serviced | 2,500,000,000 |  |  |  | 2,100,000,000 |  |  |  |  |  |  |  |
Fair value disclosure, off-balance sheet risks, amount, asset | 3,500,000,000 |  |  |  | 1,300,000,000 |  |  |  |  |  |  |  |
Unpaid principal balance of loans associated with MSRs sold |  |  |  |  |  |  |  | 177,100,000,000 | 79,400,000,000 |  |  |  |
Origination representation and warranty obligations |  |  |  |  |  | 136,700,000 |  |  |  |  |  |  |
Purchase price |  |  |  |  |  |  |  |  |  |  | 2,400,000,000 |  |
Associated Rights to MSRs |  |  |  |  |  |  |  |  |  | 28,000,000 |  |  |
Servicing advances |  |  |  |  |  |  |  |  |  | 360,000,000 |  |  |
Total UPB to be acquired |  |  |  |  |  |  |  |  |  |  | 72,400,000,000 |  |
Proceeds from sale of MSRs | 21,511,000 |  |  |  |  |  |  |  |  |  |  |  |
Unrecognized deferred gain on sale of MSRs | 3,200,000 |  |  |  |  |  |  |  |  |  |  |  |
Purchase price |  |  |  |  |  |  |  |  |  | 388,000,000 |  |  |
Purchase of MSRs and related servicing advances |  |  |  |  |  | 87,500,000,000 |  |  |  |  | 30,500,000,000 | 1,100,000,000 | 32,900,000,000
Servicing advances purchase |  |  |  |  |  | 73,600,000 |  |  |  |  | 371,600,000 | 37,100,000 | 1,300,000,000
Purchase price of MSRs, as adjusted | 1,208,222,000 | [1] | 181,949,000 | [1] |  | 683,800,000 | 391,900,000 |  |  |  |  | 6,600,000 | 235,600,000
Mortgage servicing rights acquired |  |  |  |  |  |  |  |  |  |  | 127,000,000 |  |
Servicing assets acquired |  |  |  |  |  |  |  |  |  |  | 432,200,000 |  |
Servicing advances acquired |  |  |  |  |  |  |  |  |  |  | $ 2,000,000,000 |  |
[1] | MSR recognized in connection with business and asset acquisitions during the first nine months of 2013 include: MSRs of $391.9 million acquired in the ResCap Acquisition. See Note 4 - Business Acquisitions for additional information. MSRs of $683.8 million acquired in the Ally MSR Transaction. The acquired MSRs relate to mortgage loans with a UPB of $87.5 billion owned by Freddie Mac and Fannie Mae. We also acquired servicing advances and other receivables of $73.6 million. We assumed the origination representation and warranty obligations of approximately $136.7 million in connection with a majority of the acquired MSRs. We had been subservicing these MSRs on behalf of Ally under a subservicing contract assumed by us in connection with the ResCap Acquisition. MSRs of $127.0 million with a UPB of approximately $30.5 billion and related servicing advance receivables of $371.6 million acquired in the OneWest MSR Transaction. We expect the remainder of the transaction to close during the fourth quarter. The total estimated purchase price is approximately $2.4 billion with $432.2 million attributed to MSRs and $2.0 billion attributed to servicing advances. The total UPB to be acquired is estimated at $72.4 billion. No operations or other assets were purchased in the transaction. In October 2013, we closed the purchase of approximately $6.6 million of MSRs with a UPB of approximately $1.1 billion and approximately $37.1 million of servicing advances. On November 1, 2013, we closed the purchase of approximately $235.6 million of MSRs with a UPB of approximately $32.9 billion and approximately $1.3 billion of servicing advances. See Note 26 - Subsequent Events for additional information.

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- Definition Amount of non-interest-bearing servicing advances acquired in connection with the acquisition of servicing assets. + References No definition available. + Details
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- Definition Represents the unpaid principal balance of loans related to servicing acquired in connection with the acquisition of servicing assets. + References No definition available. + Details
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- Definition Total purchase price to acquire assets in connection with the acquisition of servicing assets. + References No definition available. + Details
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- Definition Carrying value as of the date of sale, which was accounted for as a financing, of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. + References No definition available. + Details
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- Definition Represent unrecognized deferred gain on sale of MSRs. + References No definition available. + Details
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- Definition This element represents mortgage servicing rights acquired. + References No definition available. + Details
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- Definition This element represents mortgage servicing rights sold. + References No definition available. + Details
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- Definition Represents the amount of origination representation and warranty obligations assumed in connection with the acquisition of servicing assets. + References No definition available. + Details
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- Definition This element represents servicing advances sold. + References No definition available. + Details
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- Definition This element represents servicing assets acquired. + References No definition available. + Details
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- Definition Represents amount of unpaid principal balance of loans associated with servicing assets sold in transactions accounted for as a financing. + References No definition available. + Details
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- Definition The unpaid principal balance of small balance commercial loans serviced. + References No definition available. + Details
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- Definition Represents the total unpaid principal balance to be acquired in connection with the acquisition of servicing assets. + References No definition available. + Details
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- Definition The fair value of financial assets, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 + Details
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- Definition The cash inflow from the sale of servicing rights, which contractually entitle the servicer to receive fees and ancillary revenues for performing billing, collection, disbursement and recordkeeping services in connection with a mortgage portfolio. Rights may be obtained via (1) acquisition or assumption of a servicing obligation that does not relate to financial assets of the servicer or its consolidated affiliates; or (2) by originating mortgage loans and then (a) transferring the loans to a Variable Interest Entity (VIE) in a transaction that meets the necessary transfer and classification requirements, or (b) transferring the loans in a transaction that meets the requirements for sale accounting. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3179-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7524895&loc=d3e120260-111741 + Details
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- Definition Amount of additions from purchases, assumption or transfer to contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 4 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122739-111746 + Details
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