XML 96 R79.htm IDEA: XBRL DOCUMENT v3.6.0.2
Loans Held for Sale - Summary of Activity in Balance of Loans Held for Sale, at Lower of Cost or Fair Value (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Movement In Loans Held For Sale At Fair Value [Roll Forward]      
Beginning balance $ 104,992 [1] $ 87,492 [1] $ 62,907
Purchases 1,878,561 1,056,172 2,462,573
Proceeds from sales (1,699,427) (1,001,939) (2,067,965)
Principal collections (22,607) (53,400) (262,196)
Transfers to accounts receivable (256,336) (53,468) (114,675)
Transfers to real estate owned (7,675) (18,594) (8,808)
Transfers to loans held for sale at fair value (3,266) (1,200) 0
Gain on sale of loans 24,565 43,449 31,853
Decrease (increase) in valuation allowance 4,594 35,018 (18,965)
Other 5,973 11,462 2,768
Ending balance [1] $ 29,374 $ 104,992 $ 87,492
[1] At December 31, 2016, 2015 and 2014, the balances include $24.8 million, $85.9 million and $42.0 million, respectively, of loans that we were required to repurchase from Ginnie Mae guaranteed securitizations as part of our servicing obligations. Repurchased loans are modified or otherwise remediated through loss mitigation activities or are reclassified to receivables.