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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Indemnification Obligations
The following table presents the changes in our liability for representation and warranty obligations, compensatory fees for foreclosures that may ultimately exceed investor timelines and related indemnification obligations for the six months ended June 30, 2014 and 2013:
 
2014
 
2013
Beginning balance
$
192,716

 
$
38,140

Provision for representation and warranty obligations
6,770

 
18,116

New production reserves
1,031

 
725

Obligations assumed in connection with MSR and servicing business acquisitions

 
189,742

Charge-offs and other (1)
(48,837
)
 
(26,682
)
Ending balance
$
151,680

 
$
220,041

(1)
Includes principal and interest losses realized in connection with repurchased loans, make-whole, indemnification and fee payments and settlements net of recoveries, if any.