XML 24 R19.htm IDEA: XBRL DOCUMENT
v3.19.3

Receivables | 9 Months Ended
--- | ---
Sep. 30, 2019
Receivables [Abstract] |
Receivables |
Note 11 – Receivables
| September 30, 2019 |  | December 31, 2018
Servicing-related receivables: |  |  |
Government-insured loan claims | $ | 95,939 |  |  | $ | 105,258 |
Due from NRZ: |  |  |
Sales and transfers of MSRs | 25,531 |  |  | 23,757 |
Advance funding, subservicing fees and reimbursable expenses | 7,615 |  |  | 30,845 |
Reimbursable expenses | 14,282 |  |  | 11,508 |
Due from custodial accounts | 2,956 |  |  | 9,060 |
Other | 6,912 |  |  | 7,754 |
| 153,235 |  |  | 188,182 |
Income taxes receivable | 37,504 |  |  | 45,987 |
Other receivables | 16,257 |  |  | 17,672 |
| 206,996 |  |  | 251,841 |
Allowance for losses | (54,774 | ) |  | (53,579 | )
| $ | 152,222 |  |  | $ | 198,262 |
At September 30, 2019 and December 31, 2018, the allowance for losses relates to receivables of our Servicing business. Allowance for losses related to defaulted FHA- or VA-insured loans repurchased from Ginnie Mae guaranteed securitizations and not subsequently sold to third-party investors (government-insured loan claims) was $53.2 million and $52.5 million at September 30, 2019 and December 31, 2018, respectively.
Allowance for Losses - Government-Insured Loan Claims | Three Months Ended September 30, |  | Nine Months Ended September 30,
2019 |  | 2018 |  | 2019 |  | 2018
Beginning balance | $ | 50,511 |  |  | $ | 53,155 |  |  | $ | 52,497 |  |  | $ | 53,340 |
Provision | 11,013 |  |  | 10,180 |  |  | 22,819 |  |  | 29,214 |
Charge-offs and other, net | (8,349 | ) |  | (10,297 | ) |  | (22,141 | ) |  | (29,516 | )
Ending balance | $ | 53,175 |  |  | $ | 53,038 |  |  | $ | 53,175 |  |  | $ | 53,038 |

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration