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v3.19.3

Advances | 9 Months Ended
--- | ---
Sep. 30, 2019
Advances [Abstract] |
Advances |
Note 7 – Advances
| September 30, 2019 |  | December 31, 2018
Principal and interest | $ | 44,839 |  |  | $ | 43,671 |
Taxes and insurance | 134,361 |  |  | 160,373 |
Foreclosures, bankruptcy, REO and other | 42,781 |  |  | 68,597 |
| 221,981 |  |  | 272,641 |
Allowance for losses | (9,297 | ) |  | (23,259 | )
| $ | 212,684 |  |  | $ | 249,382 |
The following table summarizes the activity in net advances:
| Nine Months Ended September 30,
| 2019 |  | 2018
Beginning balance | $ | 249,382 |  |  | $ | 211,793 |
Asset acquisitions | 1,457 |  |  | — |
Sales of advances | (747 | ) |  | (4,777 | )
Collections of advances, charge-offs and other, net | (51,370 | ) |  | (41,704 | )
Net decrease in allowance for losses (1) | 13,962 |  |  | 712 |
Ending balance | $ | 212,684 |  |  | $ | 166,024 |
Allowance for Losses | Three Months Ended September 30, |  | Nine Months Ended September 30,
2019 |  | 2018 |  | 2019 |  | 2018
Beginning balance | $ | 27,653 |  |  | $ | 16,485 |  |  | $ | 23,259 |  |  | $ | 16,465 |
Provision | 729 |  |  | 2,696 |  |  | 4,532 |  |  | 6,197 |
Net charge-offs and other (1) | (19,085 | ) |  | (3,428 | ) |  | (18,494 | ) |  | (6,909 | )
Ending balance | $ | 9,297 |  |  | $ | 15,753 |  |  | $ | 9,297 |  |  | $ | 15,753 |
(1) | Includes $18.0 million allowance related to sold advances presented in Other liabilities (Liability for indemnification obligations), as of September 30, 2019.

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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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