Transfers of Residential Loans (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Continuing Involvement with Mortgage Loans Sold with Servicing Rights Retained

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		Total		Unpaid Principal Balance of Sold Loans
December 31, 2016	$	510,531	$	21,825	$	532,356	$	36,116,570
December 31, 2015	509,785		25,078		534,863		46,983,388

Summary of Cash Flows Related to Sales of Mortgage Loans

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



	For the Years Ended December 31,
	2016		2015		2014
Cash proceeds received from sales, net of fees	$	21,386,821	$	25,860,529	$	19,118,420
Servicing fees collected ⁽¹⁾	144,085		111,635		63,420
Repurchases of previously sold loans	33,045		14,636		8,186

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(1)	Represents servicing fees collected on all loans sold whereby the Company has continued involvement.