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Securitizations and Variable Interests Entities (Tables)
12 Months Ended
Dec. 31, 2014
Transfers and Servicing [Abstract]  
Summary of Cash Flows Received from and Paid to Securitization Trusts Related to Transfers Accounted for as Sales Outstanding
The following table presents a summary of cash flows received from and paid to securitization trusts related to transfers accounted for as sales that were outstanding during the years ended December 31:
 
2014
 
2013
Proceeds received from securitizations
$
5,265,183

 
$
7,871,481

Servicing fees collected
25,438

 
20,333

Purchases of previously transferred assets, net of claims reimbursed
4,973

 
(358
)
 
$
5,295,594

 
$
7,891,456

Schedule of Carrying Amounts of Assets that Relate to Continuing Involvement with Transferred Forward Loans
The following table presents the carrying amounts of our assets that relate to our continuing involvement with forward loans that we have transferred with servicing rights retained as well as our maximum exposure to loss, including the UPB of the transferred loans at December 31:
 
2014
 
2013
Carrying value of assets:
 
 
 
Mortgage servicing rights, at amortized cost
$
82,542

 
$
44,615

Mortgage servicing rights, at fair value
2,840

 
3,075

Advances and match funded advances
1,236

 
15,888

Unpaid principal balance of loans transferred (1)
9,353,187

 
5,641,277

Maximum exposure to loss
$
9,439,805

 
$
5,704,855

(1)
The UPB of the loans transferred is the maximum exposure to loss under our standard representations and warranties obligations.