Note 6 – Advances

Advances, net, which represent payments made on behalf of borrowers or on foreclosed properties, consisted of the following at the dates indicated:



	September 30, 2015		December 31, 2014
Servicing:
Principal and interest	$	103,235	$	128,217
Taxes and insurance	258,846		467,891
Foreclosures, bankruptcy and other (1)	150,898		293,340
	512,979		889,448
Corporate Items and Other	4,399		4,466
	$	517,378	$	893,914


(1)	The balances at September 30, 2015 and December 31, 2014 are net of an allowance for losses of $60.4 million and $70.0 million, respectively.

The following table summarizes the activity in advances for the nine months ended September 30:



	2015			2014
Beginning balance	$	893,914		$	890,832
Acquisitions	—			99,318
Transfers to match funded advances	—			(10,156		)
Sales of advances	(224,756		)	—
Collections of advances, net of new advances, and other	(151,780		)	7,292
Ending balance	$	517,378		$	987,286