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Advances (Tables)
6 Months Ended
Jun. 30, 2022
Advances [Abstract]  
Schedule of Advances Paid on Behalf of Borrowers or on Foreclosed Properties
 June 30, 2022December 31, 2021
Principal and interest$212,656 $228,041 
Taxes and insurance294,269 381,025 
Foreclosures, bankruptcy, REO and other 146,843 170,385 
 653,768 779,451 
Allowance for losses(6,601)(7,018)
Advances, net$647,167 $772,433 
Schedule of Activity in Advances
The following table summarizes the activity in net advances:
Three Months Ended June 30,Six Months Ended June 30,
 2022202120222021
Beginning balance - before Allowance for Losses$736,870 $792,837 $779,451 $834,512 
Acquisition of advances in connection with the purchase of MSRs— 4,495 — 4,495 
New advances190,020 180,317 387,274 383,717 
Sales of advances (190)(115)(831)(248)
Collections of advances and other (1)(272,932)(208,670)(512,126)(453,612)
Ending balance - before Allowance for Losses653,768 768,864 653,768 768,864 
Beginning balance - Allowance for Losses$(6,897)$(6,159)$(7,018)$(6,273)
Provision expense(2,111)(2,394)(3,876)(3,896)
Net charge-offs and other 2,407 1,662 4,293 3,278 
Ending balance - Allowance for Losses(6,601)(6,891)(6,601)(6,891)
Ending balance, net$647,167 $761,973 $647,167 $761,973 
(1) Includes $22.6 million tax, insurance and other advances transferred during the three months ended June 30, 2022 on the repurchase of certain delinquent and aged loans in connection with the Ginnie Mae EBO program. See Note 4 – Loans Held for Sale.