Receivables (Tables)

3 Months Ended

Mar. 31, 2015

Receivables consisted of the following at the dates indicated:



	March 31, 2015			December 31, 2014
Servicing:
Government-insured loan claims (1)	$	64,637		$	52,955
Due from custodial accounts	45,355			11,627
Reimbursable expenses	29,160			32,387
Other servicing receivables	93,138			29,516
	232,290			126,485
Income taxes receivable	63,948			68,322
Due from related parties	15,846			58,892
Other receivables (2)	14,758			43,690
	326,842			297,389
Allowance for losses (1)	(27,006		)	(26,793		)
	$	299,836		$	270,596

(1)

The total allowance for losses at March 31, 2015 and December 31, 2014 includes $27.0 million and $26.8 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 March 31, 2015 and December 31, 2014 were $11.8 million and $10.0 million, respectively.


(2)	The balance at December 31, 2014 includes $28.8 million related to losses to be indemnified under the terms of the Homeward merger agreement. On March 19, 2015, we reached an agreement with the former owner of Homeward for the final settlement of all indemnification claims under the merger agreement and received $38.1 million in cash.