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NOTE 16 OTHER LIABILITIES (Tables)
 9 Months Ended
Sep. 30, 2013
Other Liabilities [Abstract]  
Schedule of other liabilities
    September 30,
2013		     December 31,
2012		  
Liability for indemnification obligations (1)   $ 206,074     $ 38,140  
Accrued expenses     97,497       68,068  
Liability for certain foreclosure matters (2)     66,431       13,602  
Payable to servicing and subservicing investors (3)     27,063       9,973  
Checks held for escheat     24,965       33,259  
Liability for selected tax items     22,338       22,702  
Due to related parties (4)     16,535       45,034  
Derivatives, at fair value (6)     11,660       18,658  
Servicing liabilities (5)     11,568       9,830  
Accrued interest payable     9,455       5,410  
Other     61,122       23,861  
    $ 554,708     $ 288,537  
(1) The balance includes origination representation and warranty obligations and compensatory fees for foreclosures that may ultimately exceed investor timelines. These obligations were primarily assumed in connection with the Ally MSR Transaction, the ResCap Acquisition and the Homeward Acquisition. See Note 4 – Business Acquisitions, Note 9 – Mortgage Servicing and Note 25 – Commitments and Contingencies for additional information.
(2) We recognized $52.8 million of expense in Professional services in the second quarter of 2013 to establish the liability. We recognized the remaining $13.6 million of the liability as an adjustment to the initial purchase price allocation related to the Homeward Acquisition. We applied this measurement period adjustment retrospectively to our Consolidated Balance Sheet at December 31, 2012 with an offsetting increase in goodwill. See Note 25 – Commitments and Contingencies for additional information.
(3) The balance represents amounts due to investors in connection with loans we service under servicing and subservicing agreements.
(4) See Note 23 – Related Party Transactions for additional information.
(5) During the nine months ended September 30, 2013 and 2012, amortization of servicing liabilities exceeded the amount of charges we recognized to increase our servicing liability obligations by $0.5 million and $1.1 million, respectively. Amortization of mortgage servicing rights is reported net of this amount in the unaudited Consolidated Statement of Operations.
(6) See Note 19 – Derivative Financial Instruments and Hedging Activities for additional information.