XML 63 R49.htm IDEA: XBRL DOCUMENT v3.20.2
Contingencies (Tables)
 6 Months Ended
Jun. 30, 2020
Loss Contingency [Abstract]  
Schedule of Indemnification Obligations
The following table presents the changes in our liability for representation and warranty obligations and similar indemnification obligations:
 
Six Months Ended June 30,
 
2020
 
2019
Beginning balance (1)
$
50,838

 
$
49,267

Provision (reversal) for representation and warranty obligations
1,725

 
(3,831
)
New production reserves
522

 
132

Charge-offs and other (2)
(8,673
)
 
(2,718
)
Ending balance (1)
$
44,412

 
$
42,850

(1)
The liability for representation and warranty obligations and compensatory fees for foreclosures is reported in Other liabilities (a component of Liability for indemnification obligations) on our unaudited consolidated balance sheets.
(2)
Includes principal and interest losses realized in connection with repurchased loans, make-whole, indemnification and fee payments and settlements net of recoveries, if any.