Transfers of Residential Loans (Tables)

6 Months Ended

Jun. 30, 2015

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 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		Total		Unpaid Principal Balance of Sold Loans
June 30, 2015	$	463,577	$	10,457	$	474,034	$	37,461,331
December 31, 2014	331,365		13,146		344,511		28,457,216

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 Three Months Ended June 30,				For the Six Months Ended June 30,
	2015		2014		2015		2014
Proceeds received from sales, net of fees	$	7,009,854	$	4,032,603	$	12,668,998	$	8,080,346
Servicing fees collected ⁽¹⁾	26,542		15,634		48,764		26,751
Repurchases of previously sold loans	5,249		4,953		8,379		4,953

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