Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Financial Results by Reportable Segment Reconciled to Consolidated Income (Loss) Before Income Taxes and Total Assets by Reportable Segment Reconciled to Consolidated Total Assets

The following tables present select financial information of reportable segments (in thousands). The changes addressed above have been reflected in the segment information presented below for all periods.

	For the Three Months Ended March 31, 2015
	Servicing			Originations		Reverse Mortgage			Other			Eliminations			Total Consolidated
Total revenues (1) (2) (3) (4)	$	143,763		$	130,300	$	43,927		$	3,293		$	(10,426	)	$	310,857
Interest expense	29,225			7,813		1,099			36,734			—			74,871
Depreciation and amortization	11,473			3,187		1,968			4			—			16,632
Income (loss) before income taxes	(50,672		)	41,798		(13,457		)	(27,347		)	—			(49,678		)

	For the Three Months Ended March 31, 2014
	Servicing		Originations		Reverse Mortgage			Other			Eliminations			Total Consolidated
Total revenues (1) (2) (3) (4)	$	245,584	$	109,214	$	27,868		$	1,314		$	(14,032	)	$	369,948
Interest expense	30,716		6,833		859			36,441			—			74,849
Depreciation and amortization	11,839		4,369		2,432			4			—			18,644
Income (loss) before income taxes	66,376		14,227		(9,063		)	(42,575		)	—			28,965

__________

(1) The Company’s Servicing segment includes net servicing revenue and fees with external customers of $79.5 million and $165.2 million for the three months ended March 31, 2015 and 2014. All net servicing revenue and fees of the Company's Reverse Mortgage segment were derived from external customers for the three months ended March 31, 2015 and 2014.

(2) The Company’s Servicing segment includes net servicing revenue and fees of $2.3 million and $2.0 million for the three months ended March 31, 2015 and 2014, respectively, associated with intercompany activity with the Other non-reportable segment.

(3) The Company’s Servicing segment recognized $31.9 million and $34.4 million in interest income on loans for the three months ended March 31, 2015 and 2014, respectively.

(4) The Company's Servicing segment includes other revenues of $8.1 million and $12.0 million for the three months ended March 31, 2015 and 2014, respectively, associated with fees earned for certain loan originations completed by the Originations segment from leads generated through the Servicing segment's servicing portfolio.

	Total Assets Per Segment
	Servicing		Originations		Reverse Mortgage		Other		Eliminations			Total Consolidated
March 31, 2015	$	6,283,525	$	1,566,030	$	10,844,895	$	1,272,536	$	(658,819	)	$	19,308,167
December 31, 2014	6,405,781		1,493,851		10,476,947		1,256,971		(641,573		)	18,991,977