Business Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

Financial information for our segments is as follows:



	Servicing			Lending			Corporate Items and Other			Corporate Eliminations			Business Segments Consolidated
Results of Operations
Three months ended March 31, 2015
Revenue (1)	$	471,125		$	37,746		$	1,608		$	(35	)	$	510,444

Expenses (1) (2)	337,911			23,785			16,697			(35		)	378,358

Other income (expense):
Interest income	1,371			3,596			608			—			5,575
Interest expense	(110,629		)	(2,639		)	(6,128		)	—			(119,396		)
Other (1)	22,766			1,065			733			—			24,564
Other income (expense), net	(86,492		)	2,022			(4,787		)	—			(89,257		)

Income (loss) before income taxes	$	46,722		$	15,983		$	(19,876	)	$	—		$	42,829

Three months ended March 31, 2014
Revenue (1)	$	520,823		$	28,767		$	1,711		$	(40	)	$	551,261

Expenses (1) (2)	307,933			31,464			9,837			(40		)	349,194

Other income (expense):
Interest income	439			4,009			879			—			5,327
Interest expense	(136,386		)	(3,451		)	(36		)	—			(139,873		)
Other (1)	(320		)	2,718			1,784			—			4,182
Other income (expense), net	(136,267		)	3,276			2,627			—			(130,364		)

Income (loss) before income taxes	$	76,623		$	579		$	(5,499	)	$	—		$	71,703



	Servicing		Lending		Corporate Items and Other		Corporate Eliminations		Business Segments Consolidated
Total Assets
March 31, 2015	$	5,733,630	$	2,165,742	$	487,402	$	—	$	8,386,774

December 31, 2014	$	5,881,862	$	1,963,729	$	421,687	$	—	$	8,267,278

March 31, 2014	$	6,333,097	$	1,326,114	$	527,140	$	—	$	8,186,351


(1)	Intersegment billings for services rendered to other segments are recorded as revenues, as contra-expense or as other income, depending on the type of service that is rendered.


(2)	Depreciation and amortization expense are as follows:



	Servicing		Lending		Corporate Items and Other		Business Segments Consolidated
For the three months ended March 31, 2015
Depreciation expense	$	529	$	104	$	3,711	$	4,344
Amortization of mortgage servicing rights	38,405		89		—		38,494
Amortization of debt discount	356		—		—		356
Amortization of debt issuance costs	3,423		—		332		3,755

For the three months ended March 31, 2014
Depreciation expense	$	2,820	$	105	$	2,615	$	5,540
Amortization of mortgage servicing rights	61,779		115		200		62,094
Amortization of debt discount	330		—		—		330
Amortization of debt issuance costs	1,087		—		—		1,087

Depreciation and Amortization [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

Depreciation and amortization expense are as follows:



	Servicing		Lending		Corporate Items and Other		Business Segments Consolidated
For the three months ended March 31, 2015
Depreciation expense	$	529	$	104	$	3,711	$	4,344
Amortization of mortgage servicing rights	38,405		89		—		38,494
Amortization of debt discount	356		—		—		356
Amortization of debt issuance costs	3,423		—		332		3,755

For the three months ended March 31, 2014
Depreciation expense	$	2,820	$	105	$	2,615	$	5,540
Amortization of mortgage servicing rights	61,779		115		200		62,094
Amortization of debt discount	330		—		—		330
Amortization of debt issuance costs	1,087		—		—		1,087

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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