XML 86 R71.htm IDEA: XBRL DOCUMENT v3.19.1
Loans Held for Sale - Schedule of Loans Held for Sale at Lower Cost or Fair Value, Activity (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Movement In Loans Held For Sale At Fair Value [Roll Forward]    
Beginning balance $ 66,097 $ 24,096
Purchases 84,315 152,084
Proceeds from sales (62,135) (86,421)
Principal collections (1,776) (3,446)
Receivables, net (27,411) (35,666)
Real estate owned (Other assets) (1,095) (1,195)
Gain on sale of loans 551 692
(Increase) decrease in valuation allowance 706 (1,185)
Other 10,295 3,271
Ending balance [1] $ 69,547 $ 52,230
[1] At March 31, 2019 and 2018, the balances include $42.7 million and $46.1 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.