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Receivables | 3 Months Ended
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Mar. 31, 2022
Receivables [Abstract] |
Receivables |
Note 9 – Receivables
| March 31, 2022 |  | December 31, 2021
Servicing-related receivables: |  |  |
Government-insured loan claims - Forward | $ | 84,783 |  |  | $ | 90,603 |
Government-insured loan claims - Reverse | 63,203 |  |  | 39,895 |
Due from custodial accounts | 18,616 |  |  | 7,777 |
Receivable from sale of MSRs (holdback) | 14,933 |  |  | — |
Servicing fees | 6,416 |  |  | 6,662 |
Reimbursable expenses | 3,169 |  |  | 6,056 |
Subservicing fees, reimbursable expenses and other - Due from MAV | 3,512 |  |  | 4,933 |
Subservicing fees and reimbursable expenses - Due from NRZ | 1,814 |  |  | 3,781 |
Other | 1,708 |  |  | 1,223 |
| 198,154 |  |  | 160,930 |
Income taxes receivable | 51,114 |  |  | 56,776 |
Due from MAV | 1,126 |  |  | 990 |
Other receivables | 4,251 |  |  | 3,760 |
| 254,645 |  |  | 222,456 |
Allowance for losses | (41,185) |  |  | (41,749) |
| $ | 213,460 |  |  | $ | 180,707 |
At March 31, 2022 and December 31, 2021, the allowance for losses primarily related to receivables of our Servicing business. The allowance for losses related to FHA- or VA-insured loans repurchased from Ginnie Mae guaranteed securitizations (government-insured claims) was $40.8 million and $41.5 million at March 31, 2022 and December 31, 2021, respectively. The government-insured claims that do not exceed HUD, VA or FHA insurance limits are guaranteed by the U.S. government.
Allowance for Losses - Government-Insured Loan Claims | Three Months Ended March 31, |  |
2022 |  | 2021 |  |  |  |
Beginning balance | $ | 41,495 |  |  | $ | 38,339 |  |  |  |  |
Provision | 2,239 |  |  | 4,958 |  |  |  |  |
Charge-offs and other, net | (2,898) |  |  | (2,860) |  |  |  |  |
Ending balance | $ | 40,836 |  |  | $ | 40,437 |  |  |  |  |

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
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- References No definition available. + Details
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