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Advances - Schedule of Activity in Advances (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Advances [Roll Forward]      
Advances, beginning balance $ 893,914 $ 890,832 $ 184,463
Acquisitions [1] 0 99,319 733,438
Transfers to match funded advances 0 (10,156) (142,286)
Sales of advances [2] (253,335) 0 (200,749)
New advances (collections of advances), net and charge-offs (224,414) (54,424) 328,151
Decrease (increase) in allowance for losses [3] 28,133 (31,657) (12,185)
Advances, ending balance $ 444,298 $ 893,914 $ 890,832
[1] Servicing advances acquired through business acquisitions and asset acquisitions, primarily in connection with the acquisition of MSRs. Acquisitions in 2014 include advances acquired in connection with the purchase of loans through the Ginnie Mae EBO program.
[2] Servicing advances sold in connection with sales of MSRs and Rights to MSRs, which met the requirements for sale accounting and which were derecognized from our financial statements at the time of the sale. However, advances sold during 2014 in connection with the sale of loans purchased through the Ginnie Mae EBO program did not qualify as sales for accounting purposes and were accounted for as a financing.
[3] The decrease in the allowance for losses in 2015 includes $68.9 million of charge-offs.