XML 67 R56.htm IDEA: XBRL DOCUMENT v3.7.0.1
Loans Held for Sale - Schedule of Loans Held for Sale at Lower Cost or Fair Value, Activity (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance $ 29,374 $ 104,992
Purchases 396,536 421,896
Proceeds from sales (354,285) (372,583)
Principal collections (1,850) (6,453)
Transfers to accounts receivable (48,752) (61,212)
Transfers to real estate owned (55) (1,224)
Gain (loss) on sale of loans (998) 5,010
Decrease (increase) in valuation allowance 4,429 (3,335)
Other 1,196 (21)
Ending balance [1] $ 25,595 $ 87,070
[1] At March 31, 2017 and 2016, the balances include $20.0 million and $55.5 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.