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Advances (Tables) | 12 Months Ended
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Dec. 31, 2016
Advances [Abstract] |
Schedule of Advance Payments by Financial Institution on Foreclosed Properties | Advances, net, which represent payments made on behalf of borrowers or on foreclosed properties, consisted of the following at December 31:
| 2016 |  | 2015
Principal and interest | $ | 31,334 |  |  | $ | 81,681 |
Taxes and insurance | 170,131 |  |  | 278,487 |
Foreclosures, bankruptcy and other | 94,369 |  |  | 126,031 |
| 295,834 |  |  | 486,199 |
Allowance for losses | (37,952 | ) |  | (41,901 | )
| $ | 257,882 |  |  | $ | 444,298 |
Schedule of Activity in Advances | The following table summarizes the activity in net advances for the years ended December 31:
| 2016 |  | 2015 |  | 2014
Beginning balance | $ | 444,298 |  |  | $ | 893,914 |  |  | $ | 890,832 |
Acquisitions (1) | — |  |  | — |  |  | 99,319 |
Transfers to match funded advances | — |  |  | — |  |  | (10,156 | )
Sales of advances (2) | (24,631 | ) |  | (253,335 | ) |  | — |
Collections of advances, charge-offs and other, net | (165,734 | ) |  | (224,414 | ) |  | (54,424 | )
Decrease (increase) in allowance for losses | 3,949 |  |  | 28,133 |  |  | (31,657 | )
Ending balance | $ | 257,882 |  |  | $ | 444,298 |  |  | $ | 893,914 |
(1) | Servicing advances acquired 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 primarily in connection with sales of 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.
Schedule of Change in Allowance for Losses | The change in the allowance for losses for the years ended December 31 is as follows:
| 2016 |  | 2015 |  | 2014
Beginning balance | $ | 41,901 |  |  | $ | 70,034 |  |  | $ | 38,377 |
Provision | (2,043 | ) |  | 61,445 |  |  | 83,164 |
Recoveries (charge-offs), net and other | (1,906 | ) |  | (89,578 | ) |  | (51,507 | )
Ending balance | $ | 37,952 |  |  | $ | 41,901 |  |  | $ | 70,034 |

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- Definition Disclosure of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) which will periodically be remitted to the lender, appropriate governmental agency(ies) or vendor(s) on behalf of the borrower. + References No definition available. + Details
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- Definition Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Valuation Allowance -URI http://asc.fasb.org/extlink&oid=6528051 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319 + Details
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