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Advances - Schedule of Activity in Advances (Details) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Advances [Roll Forward]    
Beginning balance $ 890,832 $ 184,463
Acquisitions 99,318 [1] 708,415 [1]
Transfers to match funded advances (10,156) (131,197)
Sales of advances to HLSS 0 [2] (61,673) [2]
New advances, net of collections and other 7,292 244,923
Ending balance $ 987,286 $ 944,931
[1] Servicing advances acquired through business acquisitions and asset acquisitions, primarily in connection with the acquisition of MSRs. See Note 3 – Business Acquisitions, Note 5 – Loans Held for Sale and Note 8 – Mortgage Servicing for additional information.
[2] We periodically sell Rights to MSRs and the related servicing advances to HLSS. The related advance sales generally meet the requirements for sale accounting and are derecognized from our financial statements at the time of the sale. In connection with the Ginnie Mae EBO Transactions completed during 2014, we transferred advances related to certain FHA-insured mortgage loans to HLSS Mortgage and HLSS SEZ LP in transactions which did not qualify as sales for accounting purposes. See Note 4 – Fair Value and Note 5 – Loans Held for Sale for additional information.