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Loans Held for Sale - Summary of Activity in the Balance of Loans Held for Sale, at Lower of Cost or Fair Value (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Movement In Loans Held For Sale At Fair Value [Roll Forward]      
Beginning balance $ 87,492 [1],[2] $ 62,907 [1],[2] $ 82,866
Purchases 1,056,172 2,462,573 1,632,390
Proceeds from sales (1,001,939) (2,067,965) (1,036,316)
Principal payments (53,400) (262,196) (432,423)
Transfers to accounts receivable (53,468) (114,675) (218,629)
Transfers to real estate owned (18,594) (8,808) (4,775)
Gain on sale of loans 43,449 31,853 35,087
Decrease (increase) in valuation allowance 35,018 (18,965) (10,644)
Other 10,262 2,768 15,351
Ending balance [1],[2] $ 104,992 $ 87,492 $ 62,907
[1] At December 31, 2015, 2014 and 2013, the balances are net of valuation allowances of $14.7 million, $49.7 million and $30.7 million, respectively. The decrease in the valuation allowance during 2015 includes $37.8 million resulting from the reversal of the allowance associated with loans that were sold during the year. The increase in the valuation allowance during 2014 and 2013 includes $20.4 million and $15.7 million, respectively, resulting from transfers of the liability for indemnification obligations for the initial valuation adjustment that we recognized on certain loans that we repurchased from Fannie Mae and Freddie Mac guaranteed securitizations.
[2] At December 31, 2015, 2014 and 2013, the balances include $85.9 million, $42.0 million and $43.1 million, respectively, of loans that we were required to repurchase from Ginnie Mae guaranteed securitizations as part of our servicing obligations. Repurchased loans are modified or otherwise remediated through loss mitigation activities or are reclassified to receivables.