XML 26 R15.htm IDEA: XBRL DOCUMENT v3.5.0.2
Match Funded Advances
6 Months Ended
Jun. 30, 2016
Transfers and Servicing [Abstract]  
Match Funded Advances
Note 7 – Match Funded Advances
Match funded advances on residential loans we service for others are comprised of the following at the dates indicated:
 
June 30, 2016
 
December 31, 2015
Principal and interest
$
816,107

 
$
948,376

Taxes and insurance
579,692

 
608,404

Foreclosures, bankruptcy, real estate and other
218,648

 
149,988

 
$
1,614,447

 
$
1,706,768


The following table summarizes the activity in match funded advances for the six months ended June 30:
 
2016
 
2015
Beginning balance
$
1,706,768

 
$
2,409,442

Sales of advances

 
(16,439
)
Collections of pledged advances, net
(92,321
)
 
(211,510
)
Ending balance
$
1,614,447

 
$
2,181,493