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Match Funded Advance
12 Months Ended
Dec. 31, 2013
Transfers and Servicing [Abstract]  
Match Funded Advance
Note 8 — Match Funded Advances
Match funded advances on residential loans we service for others are comprised of the following at December 31:
 
2013
 
2012
Principal and interest
$
1,497,649

 
$
1,577,808

Taxes and insurance
830,113

 
1,148,486

Foreclosures, bankruptcy, real estate and other
224,621

 
322,950

 
$
2,552,383

 
$
3,049,244


The following table summarizes the activity in match funded advances for the years ended December 31:
 
2013
 
2012
Beginning balance
$
3,049,244

 
$
3,629,911

Acquisitions (1)
3,589,773

 
4,068,959

Transfers from advances (2)
142,286

 
74,317

Sales of advances to HLSS
(3,639,205
)
 
(3,240,601
)
Collections of pledged advances, net of new advances
(589,715
)
 
(1,483,342
)
Ending balance
$
2,552,383

 
$
3,049,244

(1)
Represents advances acquired in connection with business and asset acquisitions that were pledged to advance facilities at the date of acquisition.
(2)
Represents new advances initially classified as Advances at the date of payment and subsequently pledged to advance facilities.