Securitizations and Variable Interest Entities (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of Cash Flows Related to Transfers Accounted for as Sales

The following table presents a summary of cash flows received from and paid to securitization trusts related to transfers accounted for as sales that were outstanding:



	For the Three Months Ended March 31,
	2017			2016
Proceeds received from securitizations	$	1,001,997		$	1,009,264
Servicing fees collected	10,108			3,124
Purchases of previously transferred assets, net of claims reimbursed	(987		)	(13		)
	$	1,011,118		$	1,012,375

Schedule of Assets That Relate to Continuing Involvement with Transferred Financial Assets with Servicing Rights and Maximum Exposure to Loss Including the Unpaid Principal Balance

The following table presents the carrying amounts of our assets that relate to our continuing involvement with forward loans that we have transferred with servicing rights retained as well as our maximum exposure to loss including the UPB of the transferred loans at the dates indicated:



	March 31, 2017		December 31, 2016
Carrying value of assets:
Mortgage servicing rights, at amortized cost	$	98,342	$	94,492
Mortgage servicing rights, at fair value	241		233
Advances and match funded advances	37,752		37,336
UPB of loans transferred	11,078,980		10,485,697
Maximum exposure to loss	$	11,215,315	$	10,617,758