CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Gain on sale of loans, net	$ 37,319	$ 53,869
Real estate services fees, net	1,633	2,100
Servicing income, net	7,320	2,088
Loss on mortgage servicing rights, net	(977)	(10,910)
Other	47	152
Total revenues	45,342	47,299
Expenses:
Personnel expense	24,919	23,965
Business promotion	10,231	9,191
General, administrative and other	8,023	7,162
Accretion of contingent consideration	845	1,895
Change in fair value of contingent consideration	539	2,942
Total expenses	44,557	45,155
Operating income	785	2,144
Other income (expense):
Interest income	61,584	69,327
Interest expense	(61,138)	(69,428)
Change in fair value of long-term debt	(2,497)
Change in fair value of net trust assets, including trust REO (losses) gains	6,319	(627)
Total other income (expense)	4,268	(728)
Earnings before income taxes	5,053	1,416
Income tax expense	426	435
Net earnings	$ 4,627	$ 981
Earnings per common share :
Basic (in dollars per share)	$ 0.29	$ 0.09
Diluted (in dollars per share)	$ 0.29	$ 0.08