Receivables, Net

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Receivables, Net Disclosure

Receivables, Net

Receivables, net consist of the following (in thousands):

	December 31,
	2016			2015
Income tax receivables	$	95,874		$	10,671
Servicing rights holdback receivable (1)	73,365			9,173
Servicing fee receivables	35,698			42,773
Receivables related to Non-Residual Trusts	15,033			16,542
Insurance commission receivables (2)	—			12,845
Other receivables	49,725			48,790
Total receivables	269,695			140,794
Less: Allowance for uncollectible receivables	(1,733		)	(3,604		)
Receivables, net	$	267,962		$	137,190

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(1) Servicing rights holdback receivable relates to sales of MSR to NRM and WCO at December 31, 2016, and 2015, respectively. Refer to Note 4 for further information regarding transactions with NRM and Note 33 for information regarding transactions with WCO.

(2) Insurance commission receivables are included in assets held for sale at December 31, 2016. Refer to Note 16 for additional information. The December 31, 2015 balance was reduced by $77.2 million to correct an immaterial error as discussed in further detail in Note 1.