XML 95 R84.htm IDEA: XBRL DOCUMENT v2.4.0.8
Receivables - Schedule of Receivables (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Receivables [Abstract]    
Servicing Receivable, Due From Custodial Accounts $ 62,106 $ 2,943
Servicing Receivable, Government-Insured Loan Claims 58,306 [1] 54,012 [1]
Servicing Receivable, Reimbursable Expenses 52,443 35,933
Servicing Receivable, Other 24,041 31,649
Servicing 196,896 124,537
Income taxes receivable 27,877 6,369
Due from related parties 9,867 [2] 14,553 [2]
Other 40,899 [3] 24,579 [3]
Other Receivables, Gross 275,539 170,038
Other Receivables, Allowance For Losses (35,791) [1] (17,522) [1]
Receivables, total $ 239,748 $ 152,516
[1] The allowance for losses at June 30, 2014 and December 31, 2013 includes $35.7 million and $17.4 million, respectively, related to receivables of our Servicing business. Allowance for losses related to defaulted FHA or VA insured loans repurchased from Ginnie Mae guaranteed securitizations (government-insured loan claims) at June 30, 2014 and December 31, 2013 were $16.4 million and $14.0 million, respectively.
[2] See Note 18 – Related Party Transactions for additional information.
[3] The balance at June 30, 2014 and December 31, 2013 includes $23.9 million and $13.6 million, respectively, related to losses expected to be indemnified under the terms of the merger agreement entered into in connection with the acquisition of Homeward.