XML 81 R60.htm IDEA: XBRL DOCUMENT

Contingencies (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of Changes in Liability for Representation and Warrant Obligations and Indemnification Obligations

The following table presents the changes in our liability for representation and warranty obligations and similar indemnification obligations:


	Years Ended December 31,
	2021		2020		2019
Beginning balance (1)	$	40,374	$	50,838	$	49,267
Provision (reversal) for representation and warranty obligations	3,173		(7,783)		(11,701)
New production liability	4,733		2,596		304

Charge-offs and other (2) (3)	1,150		(5,277)		12,968
Ending balance (1)	$	49,430	$	40,374	$	50,838

(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 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.

(3)The year ended December 31, 2019 includes $18.0 million liability for representation and warranty obligations related to sold advances previously presented as allowance for losses. See Note 6 — Advances.