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Sales of Advances and MSRs (Tables)
 6 Months Ended
Jun. 30, 2016
Transfers and Servicing [Abstract]  
Schedule of MSRs and Advances Sold
The following table provides a summary of the MSRs and advances sold during the six months ended June 30:
 
2016
 
2015
 
MSRs
 
Advances and Match Funded Advances
 
MSRs
 
Advances and Match Funded Advances
Sales price of assets sold and adjustments:
 
 
 
 
 
 
 
Accounted for as a sale (1)
$
(229
)
 
$
24,053

 
$
608,158

 
$
149,298

Amount due from purchaser at June 30 (2)
—

 
(1,062
)
 
(135,414
)
 
(20,477
)
Amounts paid to purchaser for estimated representation and warranty obligations, compensatory fees and related indemnification obligations
—

 
—

 
(83,806
)
 
—

Amounts received from purchaser for items outstanding at the end of the previous year
15,351

 
43,660

 
—

 
—

Total net cash received
$
15,122

 
$
66,651

 
$
388,938

 
$
128,821


(1)
During the six months ended June 30, 2016 and 2015, we sold MSRs relating to loans with a UPB of $214.4 million (Agency and non-Agency) and $64.3 billion (Agency), respectively.
(2)
The total amount due at June 30, 2016 on sales of MSRs and advances, which consists primarily of amounts due on sales completed in 2015, is $36.7 million.