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Business Segment Reporting (Tables)
 12 Months Ended
Dec. 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
 
 
 
 
 
 
 
 
 
For the year ended December 31, 2016
 
 
 
 
 
 
 
 
 
Revenue (1)
$
1,247,159

 
$
112,363

 
$
27,646

 
$
(5
)
 
$
1,387,163

 
 
 
 
 
 
 
 
 
 
Expenses (1) (2)
920,434

 
104,342

 
198,483

 
(5
)
 
1,223,254

 
 
 
 
 
 
 
 
 
 
Other income (expense):
 
 
 
 
 
 
 
 
 
Interest income
(109
)
 
15,300

 
3,892

 
—

 
19,083

Interest expense
(357,413
)
 
(14,398
)
 
(40,772
)
 
—

 
(412,583
)
Gain on sale of mortgage servicing rights, net
8,492

 
—

 
—

 
—

 
8,492

Other (1)
15,812

 
1,065

 
(2,139
)
 
—

 
14,738

Other income (expense), net
(333,218
)
 
1,967

 
(39,019
)
 
—

 
(370,270
)
 
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes
$
(6,493
)
 
$
9,988

 
$
(209,856
)
 
$
—

 
$
(206,361
)
 
 
 
 
 
 
 
 
 
 
For the year ended December 31, 2015
 
 
 
 
 
 
 
 
 
Revenue (1)
$
1,613,537

 
$
124,724

 
$
2,895

 
$
(58
)
 
$
1,741,098

 
 
 
 
 
 
 
 
 
 
Expenses (1) (2)
1,221,879

 
97,692

 
158,671

 
(58
)
 
1,478,184

 
 
 
 
 
 
 
 
 
 
Other income (expense):
 
 
 
 
 
 
 
 
 
Interest income
1,044

 
14,669

 
2,607

 
—

 
18,320

Interest expense
(446,377
)
 
(9,859
)
 
(26,137
)
 
—

 
(482,373
)
Gain on sale of mortgage servicing rights, net
83,921

 
—

 
—

 
—

 
83,921

Other (1)
(14,370
)
 
2,123

 
(396
)
 
—

 
(12,643
)
Other income (expense), net
(375,782
)
 
6,933

 
(23,926
)
 
—

 
(392,775
)
 
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes
$
15,876

 
$
33,965

 
$
(179,702
)
 
$
—

 
$
(129,861
)
 
 
 
 
 
 
 
 
 
 
 
Servicing
 
Lending
 
Corporate Items and Other
 
Corporate Eliminations
 
Business Segments Consolidated
For the year ended December 31, 2014
 
 
 
 
 
 
 
 
 
Revenue (1)
$
1,985,436

 
$
119,220

 
$
6,825

 
$
(156
)
 
$
2,111,325

 
 
 
 
 
 
 
 
 
 
Expenses (1) (2)
1,643,323

 
156,272

 
235,769

 
(156
)
 
2,035,208

 
 
 
 
 
 
 
 
 
 
Other income (expense):
 
 
 
 
 
 
 
 
 
Interest income
2,981

 
16,459

 
3,551

 
—

 
22,991

Interest expense
(515,141
)
 
(10,725
)
 
(15,891
)
 
—

 
(541,757
)
Other (1)
(4,043
)
 
4,476

 
(943
)
 
—

 
(510
)
Other income (expense), net
(516,203
)
 
10,210

 
(13,283
)
 
—

 
(519,276
)
 
 
 
 
 
 
 
 
 
 
Loss before income taxes
$
(174,090
)
 
$
(26,842
)
 
$
(242,227
)
 
$
—

 
$
(443,159
)
 
Servicing
 
Lending
 
Corporate Items and Other
 
Corporate Eliminations
 
Business Segments Consolidated
Total Assets
 

 
 

 
 

 
 

 
 

December 31, 2016
$
3,312,357

 
$
3,863,848

 
$
479,458

 
$
—

 
$
7,655,663

 
 
 
 
 
 
 
 
 
 
December 31, 2015
$
4,089,064

 
$
2,811,154

 
$
480,090

 
$
—

 
$
7,380,308

 
 
 
 
 
 
 
 
 
 
December 31, 2014
$
5,864,061

 
$
1,963,729

 
$
415,872

 
$
—

 
$
8,243,662

(1)
Inter-segment 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 year ended December 31, 2016:
 

 
 

 
 

 
 

Depreciation expense
$
6,804

 
$
228

 
$
18,306

 
$
25,338

Amortization of mortgage servicing rights
32,669

 
309

 
—

 
32,978

Amortization of debt discount
727

 
—

 
3,450

 
4,177

Amortization of debt issuance costs
13,455

 
—

 
12,207

 
25,662

 
 
 
 
 
 
 
 
For the year ended December 31, 2015:
 

 
 

 
 

 
 

Depreciation expense
$
2,990

 
$
380

 
$
15,789

 
$
19,159

Amortization of mortgage servicing rights
98,849

 
345

 
—

 
99,194

Amortization of debt discount
2,680

 
—

 
—

 
2,680

Amortization of debt issuance costs
21,269

 
—

 
1,395

 
22,664

 
 
 
 
 
 
 
 
For the year ended December 31, 2014:
 

 
 

 
 

 
 

Depreciation expense
$
9,955

 
$
332

 
$
11,623

 
$
21,910

Amortization of mortgage servicing rights
249,471

 
705

 
199

 
250,375

Amortization of debt discount
1,318

 
—

 
—

 
1,318

Amortization of debt issuance costs
4,294

 
—

 
845

 
5,139
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 year ended December 31, 2016:
 

 
 

 
 

 
 

Depreciation expense
$
6,804

 
$
228

 
$
18,306

 
$
25,338

Amortization of mortgage servicing rights
32,669

 
309

 
—

 
32,978

Amortization of debt discount
727

 
—

 
3,450

 
4,177

Amortization of debt issuance costs
13,455

 
—

 
12,207

 
25,662

 
 
 
 
 
 
 
 
For the year ended December 31, 2015:
 

 
 

 
 

 
 

Depreciation expense
$
2,990

 
$
380

 
$
15,789

 
$
19,159

Amortization of mortgage servicing rights
98,849

 
345

 
—

 
99,194

Amortization of debt discount
2,680

 
—

 
—

 
2,680

Amortization of debt issuance costs
21,269

 
—

 
1,395

 
22,664

 
 
 
 
 
 
 
 
For the year ended December 31, 2014:
 

 
 

 
 

 
 

Depreciation expense
$
9,955

 
$
332

 
$
11,623

 
$
21,910

Amortization of mortgage servicing rights
249,471

 
705

 
199

 
250,375

Amortization of debt discount
1,318

 
—

 
—

 
1,318

Amortization of debt issuance costs
4,294

 
—

 
845

 
5,139