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Business Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2017
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 |  |  |  |  |  |  |  |  |
Three months ended June 30, 2017
Revenue | $ | 271,784 |  |  | $ | 32,776 |  |  | $ | 6,740 |  |  | $ | — |  |  | $ | 311,300 |
Expenses | 201,928 |  |  | 32,886 |  |  | 45,666 |  |  | — |  |  | 280,480 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest income | 174 |  |  | 3,007 |  |  | 1,058 |  |  | — |  |  | 4,239 |
Interest expense | (63,903 | ) |  | (3,383 | ) |  | (13,842 | ) |  | — |  |  | (81,128 | )
Gain on sale of mortgage servicing rights, net | 1,034 |  |  | — |  |  | (1 | ) |  | — |  |  | 1,033 |
Other | 2,057 |  |  | (128 | ) |  | 1,499 |  |  | — |  |  | 3,428 |
Other expense, net | (60,638 | ) |  | (504 | ) |  | (11,286 | ) |  | — |  |  | (72,428 | )
Income (loss) before income taxes | $ | 9,218 |  |  | $ | (614 | ) |  | $ | (50,212 | ) |  | $ | — |  |  | $ | (41,608 | )
Three months ended June 30, 2016
Revenue | $ | 325,120 |  |  | $ | 35,376 |  |  | $ | 12,558 |  |  | $ | — |  |  | $ | 373,054 |
Expenses | 257,751 |  |  | 31,181 |  |  | 96,086 |  |  | — |  |  | 385,018 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest income | (15 | ) |  | 4,204 |  |  | 951 |  |  | — |  |  | 5,140 |
Interest expense | (81,197 | ) |  | (3,697 | ) |  | (6,139 | ) |  | — |  |  | (91,033 | )
Gain on sale of mortgage servicing rights, net | 853 |  |  | — |  |  | — |  |  | — |  |  | 853 |
Other | 806 |  |  | 308 |  |  | (508 | ) |  | — |  |  | 606 |
Other income (expense), net | (79,553 | ) |  | 815 |  |  | (5,696 | ) |  | — |  |  | (84,434 | )
Income (loss) before income taxes | $ | (12,184 | ) |  | $ | 5,010 |  |  | $ | (89,224 | ) |  | $ | — |  |  | $ | (96,398 | )
| Servicing |  | Lending |  | Corporate Items and Other |  | Corporate Eliminations |  | Business Segments Consolidated
Six months ended June 30, 2017
Revenue | $ | 555,802 |  |  | $ | 63,522 |  |  | $ | 13,840 |  |  | $ | — |  |  | $ | 633,164 |
Expenses | 418,842 |  |  | 62,217 |  |  | 75,804 |  |  | — |  |  | 556,863 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest income | 261 |  |  | 5,754 |  |  | 1,987 |  |  | — |  |  | 8,002 |
Interest expense | (131,254 | ) |  | (6,667 | ) |  | (27,269 | ) |  | — |  |  | (165,190 | )
Gain on sale of mortgage servicing rights, net | 1,320 |  |  | — |  |  | — |  |  | — |  |  | 1,320 |
Other | 5,060 |  |  | 103 |  |  | 2,298 |  |  | — |  |  | 7,461 |
Other expense, net | (124,613 | ) |  | (810 | ) |  | (22,984 | ) |  | — |  |  | (148,407 | )
Income (loss) before income taxes | $ | 12,347 |  |  | $ | 495 |  |  | $ | (84,948 | ) |  | $ | — |  |  | $ | (72,106 | )
Six months ended June 30, 2016
Revenue | $ | 632,547 |  |  | $ | 58,660 |  |  | $ | 12,604 |  |  | $ | — |  |  | $ | 703,811 |
Expenses | 532,070 |  |  | 55,558 |  |  | 126,047 |  |  | — |  |  | 713,675 |
Other income (expense): |  |  |  |  |  |  |  |  |
Interest income | (161 | ) |  | 7,815 |  |  | 1,676 |  |  | — |  |  | 9,330 |
Interest expense | (177,670 | ) |  | (7,145 | ) |  | (12,307 | ) |  | — |  |  | (197,122 | )
Gain on sale of mortgage servicing rights, net | 2,028 |  |  | — |  |  | — |  |  | — |  |  | 2,028 |
Other | (2,537 | ) |  | 659 |  |  | (1,017 | ) |  | — |  |  | (2,895 | )
Other income (expense), net | (178,340 | ) |  | 1,329 |  |  | (11,648 | ) |  | — |  |  | (188,659 | )
Income (loss) before income taxes | $ | (77,863 | ) |  | $ | 4,431 |  |  | $ | (125,091 | ) |  | $ | — |  |  | $ | (198,523 | )
| Servicing |  | Lending |  | Corporate Items and Other |  | Corporate Eliminations |  | Business Segments Consolidated
Total Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2017 | $ | 2,975,458 |  |  | $ | 4,483,652 |  |  | $ | 473,282 |  |  | $ | — |  |  | $ | 7,932,392 |
December 31, 2016 | $ | 3,312,371 |  |  | $ | 3,863,862 |  |  | $ | 479,430 |  |  | $ | — |  |  | $ | 7,655,663 |
June 30, 2016 | $ | 3,630,933 |  |  | $ | 3,424,808 |  |  | $ | 432,511 |  |  | $ | — |  |  | $ | 7,488,252 |
| Servicing |  | Lending |  | Corporate Items and Other |  | Business Segments Consolidated
Depreciation and Amortization Expense |  |  |  |  |  |  |
Three months ended June 30, 2017
Depreciation expense | $ | 1,466 |  |  | $ | 55 |  |  | $ | 4,835 |  |  | $ | 6,356 |
Amortization of mortgage servicing rights | 12,627 |  |  | 70 |  |  | — |  |  | 12,697 |
Amortization of debt discount | — |  |  | — |  |  | 268 |  |  | 268 |
Amortization of debt issuance costs | — |  |  | — |  |  | 661 |  |  | 661 |
Three months ended June 30, 2016
Depreciation expense | $ | 1,206 |  |  | $ | 65 |  |  | $ | 5,539 |  |  | $ | 6,810 |
Amortization of mortgage servicing rights | 8,269 |  |  | 78 |  |  | — |  |  | 8,347 |
Amortization of debt discount | 178 |  |  | — |  |  | — |  |  | 178 |
Amortization of debt issuance costs | 2,889 |  |  | — |  |  | 332 |  |  | 3,221 |
Six months ended June 30, 2017
Depreciation expense | $ | 2,869 |  |  | $ | 105 |  |  | $ | 10,465 |  |  | $ | 13,439 |
Amortization of mortgage servicing rights | 25,271 |  |  | 141 |  |  | — |  |  | 25,412 |
Amortization of debt discount | — |  |  | — |  |  | 539 |  |  | 539 |
Amortization of debt issuance costs | — |  |  | — |  |  | 1,334 |  |  | 1,334 |
Six months ended June 30, 2016
Depreciation expense | $ | 2,340 |  |  | $ | 136 |  |  | $ | 9,374 |  |  | $ | 11,850 |
Amortization of mortgage servicing rights | 20,994 |  |  | 159 |  |  | — |  |  | 21,153 |
Amortization of debt discount | 383 |  |  | — |  |  | — |  |  | 383 |
Amortization of debt issuance costs | 5,822 |  |  | — |  |  | 676 |  |  | 6,498 |
Depreciation and Amortization [Member] |
Segment Reporting Information [Line Items] |
Schedule of Segment Reporting Information |
| Servicing |  | Lending |  | Corporate Items and Other |  | Business Segments Consolidated
Depreciation and Amortization Expense |  |  |  |  |  |  |
Three months ended June 30, 2017
Depreciation expense | $ | 1,466 |  |  | $ | 55 |  |  | $ | 4,835 |  |  | $ | 6,356 |
Amortization of mortgage servicing rights | 12,627 |  |  | 70 |  |  | — |  |  | 12,697 |
Amortization of debt discount | — |  |  | — |  |  | 268 |  |  | 268 |
Amortization of debt issuance costs | — |  |  | — |  |  | 661 |  |  | 661 |
Three months ended June 30, 2016
Depreciation expense | $ | 1,206 |  |  | $ | 65 |  |  | $ | 5,539 |  |  | $ | 6,810 |
Amortization of mortgage servicing rights | 8,269 |  |  | 78 |  |  | — |  |  | 8,347 |
Amortization of debt discount | 178 |  |  | — |  |  | — |  |  | 178 |
Amortization of debt issuance costs | 2,889 |  |  | — |  |  | 332 |  |  | 3,221 |
Six months ended June 30, 2017
Depreciation expense | $ | 2,869 |  |  | $ | 105 |  |  | $ | 10,465 |  |  | $ | 13,439 |
Amortization of mortgage servicing rights | 25,271 |  |  | 141 |  |  | — |  |  | 25,412 |
Amortization of debt discount | — |  |  | — |  |  | 539 |  |  | 539 |
Amortization of debt issuance costs | — |  |  | — |  |  | 1,334 |  |  | 1,334 |
Six months ended June 30, 2016
Depreciation expense | $ | 2,340 |  |  | $ | 136 |  |  | $ | 9,374 |  |  | $ | 11,850 |
Amortization of mortgage servicing rights | 20,994 |  |  | 159 |  |  | — |  |  | 21,153 |
Amortization of debt discount | 383 |  |  | — |  |  | — |  |  | 383 |
Amortization of debt issuance costs | 5,822 |  |  | — |  |  | 676 |  |  | 6,498 |

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