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Match Funded Advances
9 Months Ended
Sep. 30, 2014
Transfers and Servicing [Abstract]  
Match Funded Advances
Note 7 – Match Funded Advances
Match funded advances on residential loans we service for others are comprised of the following at the dates indicated:
 
September 30, 2014
 
December 31, 2013
Principal and interest
$
1,360,568

 
$
1,497,649

Taxes and insurance
788,612

 
830,113

Foreclosures, bankruptcy, real estate and other
210,399

 
224,621

 
$
2,359,579

 
$
2,552,383


The following table summarizes the activity in match funded advances for the nine months ended September 30:
 
2014
 
2013
Beginning balance
$
2,552,383

 
$
3,049,244

Acquisitions (1)
85,521

 
1,448,371

Transfers from advances
10,156

 
131,197

Sales of advances to HLSS (2)

 
(3,428,234
)
Collections, net of new advances and other
(288,481
)
 
(666,853
)
Ending balance
$
2,359,579

 
$
533,725

(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.