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NOTE 4 BUSINESS ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2013
ResCap and Homeward Acquisitions
  
Schedule of purchase price allocation
                                     
    ResCap     Homeward  
Purchase Price Allocation   March 31,
2013		     Adjustments     Revised     December 31,
2012		     Adjustments     Revised  
Cash   $ —     $ —     $ —     $ 79,511     $ —     $ 79,511  
Loans held for sale     —       —       —       558,721       —       558,721  
MSRs (2)     393,891       (2,038 )     391,853 (1)     358,119       2,225       360,344  
Advances and match funded advances (2)     1,622,348       100,031       1,722,379 (1)     2,266,882       —       2,266,882 (1)
Deferred tax assets     —       —       —       47,346       —       47,346 (1)
Premises and equipment     22,398       (5,975 )     16,423 (1)     16,803       (4,288 )     12,515 (1)
Debt service accounts     —       —       —       69,287       —       69,287  
Investment in unconsolidated entities     —       —       —       5,485       —       5,485 (1)
Receivables and other assets (3)     2,989       —       2,989       56,886       (29,746 )     27,140  
Match funded liabilities     —       —       —       (1,997,459 )     —       (1,997,459 )
Other borrowings     —       —       —       (864,969 )     —       (864,969 )
Other liabilities                                                
Liability for indemnification obligations     (49,500 )     —       (49,500 )     (32,498 )     —       (32,498 )(1)
Liability for certain foreclosure matters (4)     —       —       —       —       (13,602 )     (13,602 )(1)
Accrued bonuses     —       —       —       (35,201 )     —       (35,201 )
Checks held for escheat     —       —       —       (16,418 )     (35 )     (16,453 )(1) 
Other     (24,840 )     (284 )     (25,124 )     (47,614 )     2,763       (44,851 )(1)
Total identifiable net assets     1,967,286       91,734       2,059,020       464,881       (42,683 )     422,198  
Goodwill     204,743       (2,933 )     201,810 (1)     300,843       41,783       342,626 (1)
Total consideration   $ 2,172,029     $ 88,801     $ 2,260,830     $ 765,724     $ (900 )   $ 764,824  
(1) Initial fair value estimate.
(2) As of the acquisition date, the purchase of MSRs with a UPB of $9.0 billion from ResCap was not complete pending the receipt of certain consents and court approvals. During the third quarter we obtained the required consents and approvals for a portion of these MSRs and paid an additional purchase price of $93.3 million to acquire the MSRs and related advances. The purchase price allocation has been revised to include the resulting adjustments to MSRs, advances and goodwill. We anticipate there will be additional settlements in connection with the ResCap Acquisition in the fourth quarter of 2013.
(3) The purchase price allocation has been revised to include a $29.7 million income tax liability, with an offsetting increase to goodwill.
(4) See Note 16 - Other Liabilities.
ResCap Acquisition
  
Schedule of revenue and earnings
For the Periods Ended September 30, 2013:     Three Months     Nine Months  
Revenues   $ 212,164     $ 508,589  
Net income   $ 8,230   $ 81,362  
Schedule of pro forma results of operations
For the Periods Ended September 30: Three Months Nine Months
2012 2013 2012
Revenues $ 374,751 $ 1,530,055 $ 1,027,102
Net income $ 2,696 $ 205,062 $ 21,921
Homeward Acquisitions
  
Schedule of pro forma results of operations
For the Periods Ended September 30, 2012: Three Months     Nine Months  
Revenues $ 346,037     $ 949,587  
Net income $ 57,013     $ 133,821