XML 75 R59.htm IDEA: XBRL DOCUMENT v3.10.0.1
Loans Held for Sale - Schedule of Loans Held for Sale at Lower Cost or Fair Value, Activity (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance $ 24,096 $ 29,374
Purchases 563,327 870,697
Proceeds from sales (400,693) (746,999)
Principal collections (11,101) (6,545)
Receivables, net (118,762) (137,807)
Real estate owned (Other assets) (1,681) (711)
Loans held for sale - Fair value 11,564 0
Gain on sale of loans 2,180 8,332
(Increase) decrease in valuation allowance (3,144) 1,566
Other 6,233 5,317
Ending balance [1] $ 72,019 $ 23,224
[1] At September 30, 2018 and 2017, the balances include $53.0 million and $17.6 million, respectively, of loans that we repurchased from Ginnie Mae guaranteed securitizations pursuant to Ginnie Mae servicing guidelines. We may repurchase loans that have been modified, to facilitate loss reduction strategies, or as otherwise obligated as a Ginnie Mae servicer. Repurchased loans may be modified or otherwise remediated through loss mitigation activities, may be sold to a third party, or are reclassified to receivables.