XML 110 R98.htm IDEA: XBRL DOCUMENT v3.4.0.3
Business Segment Reporting - Schedule of Segment Reporting Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Results of Operations      
Revenue [1] $ 330,757 $ 510,444  
Expenses [1],[2] 328,657 378,358  
Other income (expense):      
Interest income 4,190 5,575  
Interest expense (106,089) (119,396)  
Gain on sale of mortgage servicing rights, net 1,175 26,406  
Other [1] (3,501) (1,842)  
Other income (expense), net (104,225) (89,257)  
Income (loss) before income taxes (102,125) 42,829  
Total Assets      
Balance 7,407,110 8,353,962 $ 7,380,308
Servicing [Member]      
Results of Operations      
Revenue [1] 307,427 471,125  
Expenses [1],[2] 276,896 337,911  
Other income (expense):      
Interest income (147) 1,371  
Interest expense (96,474) (110,629)  
Gain on sale of mortgage servicing rights, net 1,175 26,406  
Other [1] (3,343) (3,640)  
Other income (expense), net (98,789) (86,492)  
Income (loss) before income taxes (68,258) 46,722  
Total Assets      
Balance 3,807,685 5,706,301 4,089,064
Lending [Member]      
Results of Operations      
Revenue [1] 23,285 37,746  
Expenses [1],[2] 21,799 23,785  
Other income (expense):      
Interest income 3,611 3,596  
Interest expense (3,448) (2,639)  
Gain on sale of mortgage servicing rights, net 0 0  
Other [1] 351 1,065  
Other income (expense), net 514 2,022  
Income (loss) before income taxes 2,000 15,983  
Total Assets      
Balance 3,116,531 2,165,742 2,811,154
Corporate Items and Other [Member]      
Results of Operations      
Revenue [1] 45 1,608  
Expenses [1],[2] 29,962 16,697  
Other income (expense):      
Interest income 726 608  
Interest expense (6,167) (6,128)  
Gain on sale of mortgage servicing rights, net 0 0  
Other [1] (509) 733  
Other income (expense), net (5,950) (4,787)  
Income (loss) before income taxes (35,867) (19,876)  
Total Assets      
Balance 482,894 481,919 480,090
Corporate Eliminations [Member]      
Results of Operations      
Revenue [1] 0 (35)  
Expenses [1],[2] 0 (35)  
Other income (expense):      
Interest income 0 0  
Interest expense 0 0  
Gain on sale of mortgage servicing rights, net 0 0  
Other [1] 0 0  
Other income (expense), net 0 0  
Income (loss) before income taxes 0 0  
Total Assets      
Balance $ 0 $ 0 $ 0
[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 ConsolidatedFor the three months ended March 31, 2016Depreciation expense$1,135 $72 $3,832 $5,039Amortization of mortgage servicing rights12,725 81 — 12,806Amortization of debt discount206 — — 206Amortization of debt issuance costs 2,933 — 344 3,277 For the three months ended March 31, 2015Depreciation expense$529 $104 $3,711 $4,344Amortization of mortgage servicing rights38,405 89 — 38,494Amortization of debt discount356 — — 356Amortization of debt issuance costs 3,423 — 332 3,755