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Match Funded Advance (Tables)
6 Months Ended
Jun. 30, 2014
Transfers and Servicing [Abstract]  
Schedule of Advance Payments by Financial Institution on Foreclosed Properties
Advances, net, representing payments made on behalf of borrowers or on foreclosed properties, consisted of the following at the dates indicated:
 
June 30, 2014
 
December 31, 2013
Servicing:
 

 
 

Principal and interest
$
194,320

 
$
141,307

Taxes and insurance
434,800

 
477,039

Foreclosures, bankruptcy and other
311,455

 
268,053

 
940,575

 
886,399

Corporate Items and Other
5,234

 
4,433

 
$
945,809

 
$
890,832

Match funded advances on residential loans we service for others are comprised of the following at the dates indicated:
 
June 30, 2014
 
December 31, 2013
Principal and interest
$
1,493,856

 
$
1,497,649

Taxes and insurance
807,129

 
830,113

Foreclosures, bankruptcy, real estate and other
216,592

 
224,621

 
$
2,517,577

 
$
2,552,383

Schedule of Activity In Match Funded Advances
The following table summarizes the activity in match funded advances for the six months ended June 30:
 
2014
 
2013
Beginning balance
$
2,552,383

 
$
3,049,244

Acquisitions (1)
85,521

 
1,448,371

Transfers from advances
10,156

 

Sales of advances to HLSS (2)

 
(1,018,104
)
Collections, net of new advances
(130,483
)
 
(519,187
)
Ending balance
$
2,517,577

 
$
2,960,324

(1)
Servicing advances acquired in connection with the acquisitions of MSRs through business acquisitions and asset acquisitions. See Note 3 – Business Acquisitions and Note 8 – Mortgage Servicing for additional information.
(2)
See Note 6 – Advances for additional information.