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Match Funded Advances
 3 Months Ended
Mar. 31, 2017
Transfers and Servicing [Abstract]  
Match Funded Assets
Note 7 – Match Funded Assets
Match funded assets are comprised of the following at the dates indicated:
 
March 31, 2017
 
December 31, 2016
Advances:
 
 
 
Principal and interest
$
651,837

 
$
711,272

Taxes and insurance
508,573

 
530,946

Foreclosures, bankruptcy, real estate and other
205,015

 
209,746

 
1,365,425

 
1,451,964

Automotive dealer financing notes (1)
26,996

 
—

 
$
1,392,421

 
$
1,451,964


(1)
On February 24, 2017 and on March 17, 2017, we entered into loan agreements under a new automotive dealer loan financing facility to which these notes are pledged.
The following table summarizes the activity in match funded assets:
 
For the Three Months Ended March 31,
 
2017
 
2016
 
Advances
 
Automotive Dealer Financing Notes
 
Advances
Beginning balance
$
1,451,964

 
$
—

 
$
1,706,768

Transfer from Other assets
—

 
25,180

 
—

Sales
(245
)
 
—

 
—

New advances/notes (collections of pledged assets), net
(86,294
)
 
1,816

 
14,129

Ending balance
$
1,365,425

 
$
26,996

 
$
1,720,897