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Advances (Tables)
6 Months Ended
Jun. 30, 2021
Advances [Abstract]  
Schedule of Advances Paid on Behalf of Borrowers or on Foreclosed Properties
 June 30, 2021December 31, 2020
Principal and interest$248,810 $277,132 
Taxes and insurance338,886 364,593 
Foreclosures, bankruptcy, REO and other 181,168 192,787 
 768,864 834,512 
Allowance for losses(6,891)(6,273)
Advances, net$761,973 $828,239 
Schedule of Activity in Advances
The following table summarizes the activity in net advances:
Three Months Ended June 30,Six Months Ended June 30,
 2021202020212020
Beginning balance - before Allowance for Losses$792,837 $1,032,180 $834,512 $1,066,448 
Acquisition of advances in connection with the purchase of MSRs4,495 — 4,495 — 
New advances180,317 225,483 383,717 469,028 
Sales of advances (115)(226)(248)(454)
Collections of advances and other(208,670)(348,608)(453,612)(626,193)
Ending balance - before Allowance for Losses768,864 908,829 768,864 908,829 
Beginning balance - Allowance for Losses$(6,159)$(7,373)$(6,273)$(9,925)
Provision(2,394)(4,532)(3,896)(3,771)
Net charge-offs and other 1,662 4,085 3,278 5,876 
Ending balance - Allowance for Losses(6,891)(7,820)(6,891)(7,820)
Ending balance, net$761,973 $901,009 $761,973 $901,009