Transfers of Residential Loans (Tables)

12 Months Ended

Dec. 31, 2014

Transfers and Servicing [Abstract]

Schedule of Servicing Arrangements Associated with Transfers of Forward Loans

The following table presents the carrying amounts of the Company’s assets that relate to its continued involvement with mortgage loans that have been sold with servicing rights retained and the unpaid principal balance of these sold loans (in thousands):

	Carrying Value of Assets Recorded on the Consolidated Balance Sheets								Unpaid Principal Balance of Sold Loans
	Servicing Rights, Net		Servicer and Protective Advances, Net		Receivables, Net		Total
December 31, 2014	$	331,365	$	13,146	$	—	$	344,511	$	28,457,216
December 31, 2013	192,962		6,023		437		199,422		14,672,986

Summary of Cash Flow Related to Transfers of Residential Loans Accounted for as Sales

The following table presents a summary of cash flows related to sales of mortgage loans (in thousands):

	For the Years Ended December 31,
	2014		2013		2012
Proceeds received from transfers, net of fees	$	19,118,420	$	15,293,601	$	15,985
Servicing fees collected (1)	63,420		11,212		—
Repurchases of previously transferred loans	8,186		—		—

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(1) Represents servicing fees collected on all loans sold with servicing retained.