XML 113 R94.htm IDEA: XBRL DOCUMENT v3.10.0.1
Mortgage Servicing - Summary of Activity Related to Fair Value Servicing Assets (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance $ 671,962 $ 679,256 $ 761,190
Fair value election - transfer from MSRs carried at amortized cost 336,882 0 0
Cumulative effect of fair value election 82,043 0 0
Sales (6,240) (540) (148)
Recognized on the sale of residential mortgage loans 8,279 162 0
Recognized in connection with the acquisition of PHH 518,127 0 0
Purchase of MSRs 5,433 0 0
Servicing transfers and adjustments (5,880) (2,376) (1,548)
Changes in valuation inputs or other assumptions [1] 5,853 86,964 305
Realization of expected future cash flows and other changes [1] (159,310) (91,504) (80,543)
Ending balance 1,457,149 671,962 679,256
Fair Value Agency Mortgage Servicing Rights [Member]      
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance 11,960 13,357 15,071
Fair value election - transfer from MSRs carried at amortized cost 336,882 0 0
Cumulative effect of fair value election 82,043 0 0
Sales (4,748) 0 (3)
Recognized on the sale of residential mortgage loans 8,279 162 0
Recognized in connection with the acquisition of PHH 494,348 0 0
Purchase of MSRs 5,433 0 0
Servicing transfers and adjustments (1,047) 0 0
Changes in valuation inputs or other assumptions [1] 11,558 243 305
Realization of expected future cash flows and other changes [1] (79,121) (1,802) (2,016)
Ending balance 865,587 11,960 13,357
Fair Value Non-Agency Mortgage Servicing Rights [Member]      
Servicing Asset at Fair Value, Amount [Roll Forward]      
Beginning balance 660,002 665,899 746,119
Fair value election - transfer from MSRs carried at amortized cost 0 0 0
Cumulative effect of fair value election 0 0 0
Sales (1,492) (540) (145)
Recognized on the sale of residential mortgage loans 0 0 0
Recognized in connection with the acquisition of PHH 23,779 0 0
Purchase of MSRs 0 0 0
Servicing transfers and adjustments (4,833) (2,376) (1,548)
Changes in valuation inputs or other assumptions [1] (5,705) 86,721 0
Realization of expected future cash flows and other changes [1] (80,189) (89,702) (78,527)
Ending balance $ 591,562 $ 660,002 $ 665,899
[1] Changes in fair value are recognized in MSR valuation adjustments, net in the consolidated statements of operations.