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Contingencies (Tables)

3 Months Ended

Mar. 31, 2021

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:

			Three Months Ended March 31,
			2021						2020
Beginning balance (1)			$	40,374					$	50,838
Provision (reversal) for representation and warranty obligations			400						(768)
New production liability			1,273						170
Charge-offs and other (2)			(358)						(3,161)
Ending balance (1)			$	41,689					$	47,079

(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.

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