Note 13 — Other Liabilities



	December 31,
	2017		2016
Contingent loan repurchase liability	$	431,492	$	246,081
Due to NRZ (1)	98,493		83,248
Other accrued expenses	75,088		80,021
Accrued legal fees and settlements	51,057		93,797
Servicing-related obligations	35,239		35,324
Liability for indemnification obligations	23,117		27,546
Checks held for escheat	19,306		16,890
Amounts due in connection with MSR sales	8,291		39,398
Accrued interest payable	5,172		3,698
Deferred income	3,463		4,481
Liability for uncertain tax positions	3,252		23,216
Derivatives, at fair value	635		1,550
Other	14,805		25,989
	$	769,410	$	681,239


(1)	Balances represent advance collections and servicing fees to be remitted to NRZ.

We monitor our legal and regulatory matters, including advice from external legal counsel, and periodically perform assessments of these matters for potential loss accrual and disclosure. We establish a liability for settlements, including fines and penalties, judgments on appeal and filed and/or threatened claims for which we believe it is probable that a loss has been or will be incurred and the amount can be reasonably estimated. See Note 22 — Regulatory Requirements and Note 24 — Contingencies for additional information. We recognize legal costs associated with loss contingencies in Professional services expense in the consolidated statement of operations as incurred.

The changes in the liability for legal fees and settlements are as follows:



	Years Ended December 31,
	2017			2016			2015
Beginning balance	$	93,797		$	74,922		$	38,962
Accrual for probable losses (1)	133,656			74,943			30,691
Payments (2)	(174,941		)	(47,754		)	(4,928		)
Net change in accrued legal fees	482			(6,231		)	10,196
Other (3)	(1,937		)	(2,083		)	1
Ending balance	$	51,057		$	93,797		$	74,922


(1)	Consists of amounts accrued for probable losses in connection with legal and regulatory settlements and judgments. Such amounts are reported in Professional services expense in the consolidated statements of operations.


(2)	Includes cash payments made in connection with resolved legal and regulatory matters.


(3)	During the year ended December 31, 2017, Ocwen issued 625,000 shares of common stock with a fair value of $1.9 million in connection with a legal settlement. The remaining 1,875,000 shares were issued in January 2018.