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NOTE 14 MATCH FUNDED LIABILITIES (Detail) - (Table 1) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Available Borrowing Capacity $ 36,988 [1]  
Balance Outstanding 363,012 2,532,745
2011-Servicer Advance Revolving Trust 1
   
Interest Rate 2.23% [2]  
Maturity May 31, 2043 [2],[3]  
Amortization Date May 2013 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 325,000 [2]
2011-Servicer Advance Revolving Trust 1
   
Interest Rate 3.37 - 5.92% [2]  
Maturity May 31, 2043 [2],[3]  
Amortization Date May 2013 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 525,000 [2]
2012-Servicing Advance Revolving Trust 2
   
Interest Rate 3.27 - 6.90% [2]  
Maturity Sep. 30, 2043 [2],[3]  
Amortization Date Sept. 2013 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 250,000 [2]
2012-Servicing Advance Revolving Trust 3
   
Interest Rate 2.98% [2]  
Maturity Mar. 31, 2043 [2],[3]  
Amortization Date Mar. 2013 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 248,999 [2]
2012-Servicing Advance Revolving Trust 3
   
Interest Rate 3.72 - 7.04% [2]  
Maturity Mar. 31, 2044 [2],[3]  
Amortization Date Mar. 2014 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 299,278 [2]
Total fixed rate
   
Available Borrowing Capacity    [1]  
Balance Outstanding    1,648,277
Advance Receivable Backed Notes
   
Interest Rate 1-month LIBOR (1ML) + 285 bps [4]  
Maturity Apr. 30, 2015 [3],[4]  
Amortization Date Apr. 2014 [3],[4]  
Available Borrowing Capacity    [1],[4]  
Balance Outstanding    [4] 205,016 [4]
Advance Receivable Backed Notes Series 2012-ADV1
   
Interest Rate Commercial paper (CP) rate + 225 or 335 bps [5]  
Maturity Dec. 31, 2043 [3],[5]  
Amortization Date Dec. 2013 [3],[5]  
Available Borrowing Capacity 18,959 [1],[5]  
Balance Outstanding 81,041 [5] 232,712 [5]
Advance Receivable Backed Notes Series 2012-ADV1
   
Interest Rate 1ML + 250 bps  
Maturity Jun. 30, 2016 [3]  
Amortization Date June 2014 [3]  
Available Borrowing Capacity    [1]  
Balance Outstanding 225,000 94,095
Advance Receivable Backed Note
   
Interest Rate 1ML + 300 bps  
Maturity Dec. 31, 2015 [3]  
Amortization Date Dec. 2014 [3]  
Available Borrowing Capacity 12,383 [1]  
Balance Outstanding 37,617 49,138
2011-Servicing Advance Revolving Trust 1
   
Interest Rate 1ML + 300 bps [2]  
Maturity May 31, 2043 [2],[3]  
Amortization Date May 2013 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 204,633 [2]
2012-Servicing Advance Revolving Trust 2
   
Interest Rate 1ML + 315 bps [2]  
Maturity Sep. 30, 2043 [2],[3]  
Amortization Date Sep. 2013 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 22,003 [2]
2012-Servicing Advance Revolving Trust 3
   
Interest Rate 1ML + 300 bps - 675 bps [2]  
Maturity Mar. 31, 2044 [2],[3]  
Amortization Date Mar. 2014 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 40,626 [2]
2012-Homeward Agency Advance Funding Trust 2012-1
   
Interest Rate 1ML + 300 bps [6]  
Maturity Nov. 30, 2013 [3],[6]  
Amortization Date Nov. 2013 [3],[6]  
Available Borrowing Capacity 5,646 [1],[6]  
Balance Outstanding 19,354 [6] 16,094 [6]
2012-Homeward DSF Advance Revolving Trust 2012-1
   
Interest Rate 1ML + 450 bps [2]  
Maturity Feb. 28, 2013 [2],[3]  
Amortization Date Feb. 2013 [2],[3]  
Available Borrowing Capacity    [1],[2]  
Balance Outstanding    [2] 20,151 [2]
Total variable rate
   
Available Borrowing Capacity 36,988 [1]  
Balance Outstanding $ 363,012 $ 884,468
[1] Borrowing capacity is available to us provided that we have additional eligible collateral to pledge. Collateral may only be pledged to one facility. At September 30, 2013, $0.1 million of the available borrowing capacity could be used based on the amount of eligible collateral.
[2] Facility was repaid in February 2013 from the proceeds of a new $1.4 billion bridge facility (Homeward Residential Bridge Loan Trust - 2013) with an amortization date of August 14, 2013. On July 1, 2013, we repaid the new bridge facility in full from proceeds received on the sale of servicing advances to HLSS.
[3] The amortization date of our facilities is the date on which the revolving period ends under each advance facility note and repayment of the outstanding balance must begin if the note is not renewed or extended. The maturity date is the date on which all outstanding balances must be repaid. In two advance facilities, there are multiple notes outstanding. For each note, after the amortization date, all collections that represent the repayment of advances pledged to the facility must be applied to reduce the balance of the note outstanding, and any new advances are ineligible to be financed.
[4] We repaid this facility in full in July 2013.
[5] On August 30, 2013, we amended this facility to reduce the maximum borrowing capacity to $100 million from $450 million.
[6] On October 21, 2013, we extended the maturity date of this facility to November 29, 2013 with two optional six-month extensions subject to lender approval.