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Advances
12 Months Ended
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