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Fair Value - Reconciliation of Level 3 Assets (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |
Transfer from loans held for sale, at fair value |  |  |  |  | $ 110,874 |  | $ 0
Level 3 [Member] |  |  |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Beginning balance | 164,152 |  | 65,899 |  | 118,913 |  | 74,545
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |
Purchases | 0 |  | 72 |  | 23 |  | 72
Issuances | 25,493 |  | (2,909) |  | (24,475) |  | (2,909)
Transfer from loans held for sale, at fair value | 0 |  |  |  | 110,874 |  |
Sales | 0 |  | 24,156 |  | 0 |  | 24,156
Settlements | (6,924) |  | (1,379) |  | (15,566) |  | (1,070)
Purchases, issuances, sales and settlements, total | 18,569 |  | 19,940 |  | 70,856 |  | 20,249
Total realized and unrealized gains and (losses): |  |  |  |  |  |  |
Included in earnings | (4,490) | [1] | 19,947 | [1] | (11,538) | [2] | 17,916
Included in Other comprehensive income (loss) | 0 | [1] | (5,439) | [1] | 0 | [2] | (12,363)
Total realized and unrealized gains and (losses) | (4,490) | [1] | 14,508 | [1] | (11,538) | [2] | 5,553
Transfers in and / or out of Level 3 | 0 |  |  |  | 0 |  |
Ending balance | 178,231 |  | 100,347 |  | 178,231 |  | 100,347
Level 3 [Member] | Loans Held for Investment - Reverse Mortgages [Member] |  |  |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Beginning balance | 923,464 |  | 0 |  | 618,018 |  | 0
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |
Purchases | 0 |  | 10,251 |  | 0 |  | 10,251
Issuances | 180,445 |  | 63,029 |  | 357,104 |  | 63,029
Transfer from loans held for sale, at fair value | 0 |  |  |  | 110,874 |  |
Sales | 0 |  | 0 |  | 0 |  | 0
Settlements | (14,572) |  | (871) |  | (28,601) |  | (871)
Purchases, issuances, sales and settlements, total | 165,873 |  | 72,409 |  | 439,377 |  | 72,409
Total realized and unrealized gains and (losses): |  |  |  |  |  |  |
Included in earnings | 18,289 | [1] | 4,240 | [1] | 50,231 | [2] | 4,240
Included in Other comprehensive income (loss) | 0 | [1] | 0 | [1] | 0 | [2] | 0
Total realized and unrealized gains and (losses) | 18,289 | [1] | 4,240 | [1] | 50,231 | [2] | 4,240
Transfers in and / or out of Level 3 | 0 |  | 0 |  | 0 |  | 0
Ending balance | 1,107,626 |  | 76,649 |  | 1,107,626 |  | 76,649
Level 3 [Member] | HMBS - Related Borrowings [Member] |  |  |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Beginning balance | (870,462) |  | 0 |  | (615,576) |  | 0
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |
Purchases | 0 |  | (10,179) |  | 0 |  | (10,179)
Issuances | (154,952) |  | (65,938) |  | (381,579) |  | (65,938)
Transfer from loans held for sale, at fair value | 0 |  |  |  | 0 |  |
Sales | 0 |  | 0 |  | 0 |  | 0
Settlements | 7,648 |  | 867 |  | 13,035 |  | 867
Purchases, issuances, sales and settlements, total | (147,304) |  | (75,250) |  | (368,544) |  | (75,250)
Total realized and unrealized gains and (losses): |  |  |  |  |  |  |
Included in earnings | (15,946) | [1] | 1,609 | [1] | (49,592) | [2] | 1,609
Included in Other comprehensive income (loss) | 0 | [1] | 0 | [1] | 0 | [2] | 0
Total realized and unrealized gains and (losses) | (15,946) | [1] | 1,609 | [1] | (49,592) | [2] | 1,609
Transfers in and / or out of Level 3 | 0 |  | 0 |  | 0 |  | 0
Ending balance | (1,033,712) |  | (73,641) |  | (1,033,712) |  | (73,641)
Level 3 [Member] | Derivative Financial Instruments, Assets [Member] |  |  |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Beginning balance | 324 |  | (18,635) |  | 442 |  | (10,668)
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |
Purchases | 0 |  | 0 |  | 23 |  | 0
Issuances | 0 |  | 0 |  | 0 |  | 0
Transfer from loans held for sale, at fair value | 0 |  |  |  | 0 |  |
Sales | 0 |  | 24,156 |  | 0 |  | 24,156
Settlements | 0 |  | (1,375) |  | 0 |  | (1,066)
Purchases, issuances, sales and settlements, total | 0 |  | 22,781 |  | 23 |  | 23,090
Total realized and unrealized gains and (losses): |  |  |  |  |  |  |
Included in earnings | (227) | [1] | 1,469 | [1] | (368) | [2] | 117
Included in Other comprehensive income (loss) | 0 | [1] | (5,439) | [1] | 0 | [2] | (12,363)
Total realized and unrealized gains and (losses) | (227) | [1] | (3,970) | [1] | (368) | [2] | (12,246)
Transfers in and / or out of Level 3 | 0 |  | 0 |  | 0 |  | 0
Ending balance | 97 |  | 176 |  | 97 |  | 176
Level 3 [Member] | MSRS [Member] |  |  |  |  |  |  |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |  |
Beginning balance | 110,826 |  | 84,534 |  | 116,029 |  | 85,213
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |
Purchases | 0 |  | 0 |  | 0 |  | 0
Issuances | 0 |  | 0 |  | 0 |  | 0
Transfer from loans held for sale, at fair value | 0 |  |  |  | 0 |  |
Sales | 0 |  | 0 |  | 0 |  | 0
Settlements | 0 |  | 0 |  | 0 |  | 0
Purchases, issuances, sales and settlements, total | 0 |  | 0 |  | 0 |  | 0
Total realized and unrealized gains and (losses): |  |  |  |  |  |  |
Included in earnings | (6,606) | [1] | 12,629 | [1] | (11,809) | [2] | 11,950
Included in Other comprehensive income (loss) | 0 | [1] | 0 | [1] | 0 | [2] | 0
Total realized and unrealized gains and (losses) | (6,606) | [1] | 12,629 | [1] | (11,809) | [2] | 11,950
Transfers in and / or out of Level 3 | 0 |  |  |  | 0 |  |
Ending balance | $ 104,220 |  | $ 97,163 |  | $ 104,220 |  | $ 97,163
[1] | Total net gains (losses) attributable to derivative financial instruments still held at June 30, 2014 and June 30, 2013 were $(0.2) million and $0.1 million, respectively, for the three months ended June 30, 2014 and 2013.
[2] | Total losses attributable to derivative financial instruments still held at June 30, 2014 were $0.4 million for the six months ended June 30, 2014.

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