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Match Funded Advances (Tables)
 9 Months Ended
Sep. 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:
 
September 30, 2014
 
December 31, 2013
Servicing:
 

 
 

Principal and interest
$
198,540

 
$
141,307

Taxes and insurance
443,255

 
477,039

Foreclosures, bankruptcy and other (1)
340,882

 
268,053

 
982,677

 
886,399

Corporate Items and Other
4,609

 
4,433

 
$
987,286

 
$
890,832


(1)
The balances at September 30, 2014 and December 31, 2013 are net of an allowance for losses of $48.4 million and $38.4 million, respectively.
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
Schedule of Activity In Match Funded Advances
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.