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Receivables (Tables)
6 Months Ended
Jun. 30, 2015
Receivables [Abstract]  
Schedule of Receivables
Receivables consisted of the following at the dates indicated:
 
June 30, 2015
 
December 31, 2014
Servicing:
 
 
 
Government-insured loan claims (1)
$
81,881

 
$
52,955

Due from custodial accounts
59,660

 
11,627

Reimbursable expenses
25,073

 
32,387

Other servicing receivables (2)
188,549

 
29,516

 
355,163

 
126,485

Income taxes receivable
15,217

 
68,322

Due from related parties (3)

 
58,892

Other receivables (4)
43,286

 
43,690

 
413,666

 
297,389

Allowance for losses (1)
(34,387
)
 
(26,793
)
 
$
379,279

 
$
270,596

(1)
At June 30, 2015 and December 31, 2014, the total allowance for losses includes $34.4 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 June 30, 2015 and December 31, 2014 were $18.7 million and $10.0 million, respectively.
(2)
At June 30, 2015, other servicing receivables include $135.4 million related to sales of MSRs.
(3)
Entities that we reported as related parties at December 31, 2014 are no longer considered to be related parties, and amounts receivable from them are now reported within Other receivables.
(4)
At December 31, 2014, other receivables include $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.