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Advances (Tables) | 9 Months Ended
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Sep. 30, 2021
Advances [Abstract] |
Schedule of Advances Paid on Behalf of Borrowers or on Foreclosed Properties |
| September 30, 2021 |  | December 31, 2020
Principal and interest | $ | 238,071 |  |  | $ | 277,132 |
Taxes and insurance | 331,013 |  |  | 364,593 |
Foreclosures, bankruptcy, REO and other | 177,189 |  |  | 192,787 |
| 746,273 |  |  | 834,512 |
Allowance for losses | (6,677) |  |  | (6,273) |
Advances, net | $ | 739,596 |  |  | $ | 828,239 |
Schedule of Activity in Advances | The following table summarizes the activity in net advances:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Beginning balance - before Allowance for Losses | $ | 768,864 |  |  | $ | 908,829 |  |  | $ | 834,512 |  |  | $ | 1,066,448 |
Acquisition of advances in connection with the purchase of MSRs | — |  |  | 14 |  |  | 4,495 |  |  | 14 |
New advances | 181,567 |  |  | 198,549 |  |  | 565,284 |  |  | 667,577 |
Sales of advances | (80) |  |  | (150) |  |  | (328) |  |  | (604) |
Collections of advances and other | (204,078) |  |  | (268,560) |  |  | (657,690) |  |  | (894,753) |
Ending balance - before Allowance for Losses | 746,273 |  |  | 838,682 |  |  | 746,273 |  |  | 838,682 |
Beginning balance - Allowance for Losses | $ | (6,891) |  |  | $ | (7,820) |  |  | $ | (6,273) |  |  | $ | (9,925) |
Provision | (1,581) |  |  | (2,173) |  |  | (5,478) |  |  | (5,944) |
Net charge-offs and other | 1,795 |  |  | 3,915 |  |  | 5,074 |  |  | 9,791 |
Ending balance - Allowance for Losses | (6,677) |  |  | (6,078) |  |  | (6,677) |  |  | (6,078) |
Ending balance, net | $ | 739,596 |  |  | $ | 832,604 |  |  | $ | 739,596 |  |  | $ | 832,604 |

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- Definition Advances [Abstract] + References No definition available. + Details
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- Definition Disclosure of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) which will periodically be remitted to the lender, appropriate governmental agency(ies) or vendor(s) on behalf of the borrower. + References No definition available. + Details
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- Definition Schedule of Activity in Advances [Table Text Block] + References No definition available. + Details
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