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Business Acquisitions - Purchase Price Allocation (Details) (USD $)
12 Months Ended 0 Months Ended 0 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Initial Estimate [Member]
Dec. 31, 2013
Adjustments [Member]
Feb. 15, 2013
ResCap [Member]
Feb. 15, 2013
ResCap [Member]
Mortgage Servicing Rights [Member]
Feb. 15, 2013
ResCap [Member]
Initial Estimate [Member]
Feb. 15, 2013
ResCap [Member]
Adjustments [Member]
Dec. 27, 2012
Homeward [Member]
Dec. 27, 2012
Homeward [Member]
Initial Estimate [Member]
Dec. 27, 2012
Homeward [Member]
Adjustments [Member]
Sep. 02, 2011
Litton [Member]
Business Acquisition [Line Items]                          
Cash           $ 0   $ 0 $ 0 $ 79,511,000 $ 79,511,000 $ 0 $ 23,791,000
Loans held for sale           0   0 0 558,721,000 558,721,000 0 0
MSRs           389,944,000 [1],[2]   393,891,000 [1] (3,947,000) [1] 360,344,000 [1] 358,119,000 [1] 2,225,000 [1] 144,314,000 [1]
Advances and match funded advances           1,745,845,000 [1],[2]   1,622,348,000 [1] 123,497,000 [1] 2,266,882,000 [1] 2,266,882,000 [1] 0 [1] 2,468,137,000 [1]
Deferred tax assets           0   0 0 52,103,000 47,346,000 4,757,000 0
Premises and equipment           16,423,000   22,398,000 (5,975,000) 12,515,000 16,803,000 (4,288,000) 3,386,000
Debt service accounts           0   0 0 69,287,000 69,287,000 0 0
Investment in unconsolidated entities           0   0 0 5,485,000 5,485,000 0 0
Receivables and other assets           54,921,000 [1],[3],[4]   2,989,000 [1],[3],[4] 51,932,000 [1],[3],[4] 22,280,000 [1],[3],[4] 56,886,000 [1],[3],[4] (34,606,000) [1],[3],[4] 4,888,000 [1],[3],[4]
Match funded liabilities           0   0 0 (1,997,459,000) (1,997,459,000) 0 0
Other borrowings           0   0 0 (864,969,000) (864,969,000) 0 0
Liability for indemnification obligations (192,716,000) [5] (38,140,000) [5]       (49,500,000)   (49,500,000) 0 (32,498,000) (32,498,000) 0 0
Liability for certain foreclosure matters (66,948,000) [6] (13,430,000) [6]       0 [3]   0 [3] 0 [3] (13,430,000) [3] 0 [3] (13,430,000) [3] 0 [3]
Accrued bonuses           0   0 0 (35,201,000) (35,201,000) 0 0
Checks held for escheat           0   0 0 (16,453,000) (16,418,000) (35,000) (3,939,000)
Other           (25,123,000)   (24,840,000) (283,000) (48,230,000) (47,614,000) (616,000) (27,516,000)
Total identifiable net assets           2,132,510,000   1,967,286,000 165,224,000 418,888,000 464,881,000 (45,993,000) 2,613,061,000
Goodwill 420,201,000 416,176,000   416,558,000 3,643,000 211,419,000 [1],[4]   204,743,000 [1],[4] 6,676,000 [1],[4] 345,936,000 [1],[4] 300,843,000 [1],[4] 45,093,000 [1],[4] 57,430,000 [1],[4]
Total consideration           2,343,929,000   2,172,029,000 171,900,000 764,824,000 765,724,000 (900,000) 2,670,491,000
Business Acquisition, Repayment Of Outstanding Debt           0   0 0 0 0 0 (2,423,123,000)
Base purchase price, as adjusted 2,343,929,000 764,824,000 2,670,491,000     2,343,929,000   2,172,029,000 171,900,000 764,824,000 765,724,000 (900,000) 247,368,000
Unpaid principal balance assets acquired             44,900,000,000     77,000,000,000      
Purchase price revision for tax liability                       $ 34,606,000  
[1] As of the acquisition date, the purchase of certain MSRs from ResCap was not complete pending the receipt of certain consents and court approvals. During the third and fourth quarters of 2013, we obtained the required consents and approvals for a portion of these MSRs and paid an additional purchase price of $120.4 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.
[2] Initial fair value estimate.
[3] The Homeward purchase price allocation has been revised to include a $34.6 million income tax liability, with an offsetting increase to goodwill.
[4] We completed additional settlements of MSRs and related advances from ResCap in January and February 2014 for $54.2 million and recorded a contingent asset of $51.9 million effective on the date of the acquisition. The purchase price allocation at December 31, 2013 has been revised from that originally reported to include the contingent asset and the related adjustment to increase goodwill by $2.3 million. We subsequently recorded the acquired MSRs and related advances in 2014 and derecognized the contingent asset. The purchase price allocation has also been revised from that originally reported to reflect a measurement period adjustment identified in 2014 which had the effect of reducing advances and increasing goodwill by $1.4 million. The Consolidated Balance Sheet at December 31, 2013 as originally reported has been revised for these measurement period adjustments.
[5] 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 28 — Commitments and Contingencies for additional information.
[6] We recognized $53.5 million of expense in Professional services during 2013 to establish the liability. We recognized the remaining $13.4 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 28 — Commitments and Contingencies for additional information.