XML 123 R108.htm IDEA: XBRL DOCUMENT v3.3.1.900
Receivables - Schedule of Receivables (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Receivables [Abstract]    
Amount due on sales of mortgage servicing rights and advances $ 94,629 $ 0
Government-insured loan claims [1] 71,405 52,955
Reimbursable expenses 29,856 32,387
Due from custodial accounts 13,800 11,627
Other servicing receivables 32,879 29,516
Servicing 242,569 126,485
Income taxes receivable 53,519 68,322
Due from related parties [2] 0 58,892
Other receivables [3] 29,818 43,690
Other receivables, gross 325,906 297,389
Allowance for losses [1] (38,925) (26,793)
Receivables, total $ 286,981 $ 270,596
[1] At December 31, 2015 and 2014, the total allowance for losses 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 December 31, 2015 and 2014 were $20.6 million and $10.0 million, respectively.
[2] 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. See Note 24 — Related Party Transactions for additional information.
[3] At December 31, 2014, Other receivables 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.