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Advances | 12 Months Ended
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Dec. 31, 2018
Advances [Abstract] |
Advances | Note 6 — Advances
| December 31,
| 2018 |  | 2017
Principal and interest | $ | 43,671 |  |  | $ | 20,207 |
Taxes and insurance | 160,373 |  |  | 144,454 |
Foreclosures, bankruptcy and other | 68,597 |  |  | 63,597 |
| 272,641 |  |  | 228,258 |
Allowance for losses | (23,259 | ) |  | (16,465 | )
| $ | 249,382 |  |  | $ | 211,793 |
The following table summarizes the activity in net advances:
| Years Ended December 31,
| 2018 |  | 2017 |  | 2016
Beginning balance | $ | 211,793 |  |  | $ | 257,882 |  |  | $ | 444,298 |
Acquired in connection with the acquisition of PHH | 96,163 |  |  | — |  |  | — |
Transfers to match funded advances | (71,623 | ) |  | — |  |  | — |
Sales (1) | (32,081 | ) |  | (444 | ) |  | (24,631 | )
Collections, charge-offs and other, net | 51,924 |  |  | (67,132 | ) |  | (165,734 | )
Net (increase) decrease in allowance for losses | (6,794 | ) |  | 21,487 |  |  | 3,949 |
Ending balance | $ | 249,382 |  |  | $ | 211,793 |  |  | $ | 257,882 |
(1) | Servicing advances sold primarily in connection with sales of MSRs which met the requirements for sale accounting and which were derecognized from our financial statements at the time of the sale.
Allowance for Losses | Years Ended December 31,
2018 |  | 2017 |  | 2016
Beginning balance | $ | 16,465 |  |  | $ | 37,952 |  |  | $ | 41,901 |
Provision | 5,732 |  |  | 21,429 |  |  | (2,043 | )
Net charge-offs and other | 1,062 |  |  | (42,916 | ) |  | (1,906 | )
Ending balance | $ | 23,259 |  |  | $ | 16,465 |  |  | $ | 37,952 |

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- Definition Advances [Abstract] + References No definition available. + Details
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- Definition Disclosure of non-interest-bearing advances made on behalf of borrowers or on foreclosed properties. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors. + References No definition available. + Details
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