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Business Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

Financial information for our segments is as follows:

	Servicing				Lending				Corporate Items and Other				Corporate Eliminations				Business Segments Consolidated
Results of Operations
Three months ended March 31, 2016
Revenue (1)	$	307,427			$	23,285			$	45			$	—			$	330,757
Expenses (1) (2)	276,896				21,799				29,962				—				328,657
Other income (expense):
Interest income	(147		)		3,611				726				—				4,190
Interest expense	(96,474		)		(3,448		)		(6,167		)		—				(106,089		)
Gain on sale of mortgage servicing rights, net	1,175				—				—				—				1,175
Other (1)	(3,343		)		351				(509		)		—				(3,501		)
Other income (expense), net	(98,789		)		514				(5,950		)		—				(104,225		)
Income (loss) before income taxes	$	(68,258	)		$	2,000			$	(35,867	)		$	—			$	(102,125	)
Three months ended March 31, 2015
Revenue (1)	$	471,125			$	37,746			$	1,608			$	(35	)		$	510,444
Expenses (1) (2)	337,911				23,785				16,697				(35		)		378,358
Other income (expense):
Interest income	1,371				3,596				608				—				5,575
Interest expense	(110,629		)		(2,639		)		(6,128		)		—				(119,396		)
Gain on sale of mortgage servicing rights, net	26,406				—				—				—				26,406
Other (1)	(3,640		)		1,065				733				—				(1,842		)
Other income (expense), net	(86,492		)		2,022				(4,787		)		—				(89,257		)
Income (loss) before income taxes	$	46,722			$	15,983			$	(19,876	)		$	—			$	42,829

	Servicing				Lending				Corporate Items and Other				Corporate Eliminations				Business Segments Consolidated
Total Assets
March 31, 2016	$	3,807,685			$	3,116,531			$	482,894			$	—			$	7,407,110
December 31, 2015	$	4,089,064			$	2,811,154			$	480,090			$	—			$	7,380,308
March 31, 2015	$	5,706,301			$	2,165,742			$	481,919			$	—			$	8,353,962

(1) Intersegment billings for services rendered to other segments are recorded as revenues, as contra-expense or as other income, depending on the type of service that is rendered.

(2) Depreciation and amortization expense are as follows:

	Servicing				Lending				Corporate Items and Other				Business Segments Consolidated
For the three months ended March 31, 2016
Depreciation expense	$	1,135			$	72			$	3,832			$	5,039
Amortization of mortgage servicing rights	12,725				81				—				12,806
Amortization of debt discount	206				—				—				206
Amortization of debt issuance costs	2,933				—				344				3,277
For the three months ended March 31, 2015
Depreciation expense	$	529			$	104			$	3,711			$	4,344
Amortization of mortgage servicing rights	38,405				89				—				38,494
Amortization of debt discount	356				—				—				356
Amortization of debt issuance costs	3,423				—				332				3,755

Depreciation and Amortization [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

Depreciation and amortization expense are as follows:

	Servicing				Lending				Corporate Items and Other				Business Segments Consolidated
For the three months ended March 31, 2016
Depreciation expense	$	1,135			$	72			$	3,832			$	5,039
Amortization of mortgage servicing rights	12,725				81				—				12,806
Amortization of debt discount	206				—				—				206
Amortization of debt issuance costs	2,933				—				344				3,277
For the three months ended March 31, 2015
Depreciation expense	$	529			$	104			$	3,711			$	4,344
Amortization of mortgage servicing rights	38,405				89				—				38,494
Amortization of debt discount	356				—				—				356
Amortization of debt issuance costs	3,423				—				332				3,755

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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