The following tables present select financial information for the reportable segments (in thousands). The Company has presented the revenue and expenses of the Non-Residual Trusts and other non-reportable operating segments, as well as certain corporate expenses that have not been allocated to the business segments, in Other. Intersegment revenues and expenses have been eliminated.



	For the Year Ended December 31, 2016
	Servicing			Originations		Reverse Mortgage			Other			Eliminations			Total Consolidated
Net servicing revenue and fees ^{(1) (2)}	$	321,912		$	—	$	31,031		$	—		$	(11,952	)	$	340,991
Net gains (losses) on sales of loans ⁽²⁾	(4,931		)	410,544		—			—			3,835			409,448
Net fair value gains on reverse loans and related HMBS obligations	—			—		59,022			—			—			59,022
Interest income on loans	45,651			49		—			—			—			45,700
Insurance revenue	41,968			—		—			—			—			41,968
Other revenues ^{(3) (4)}	92,351			38,837		5,742			296			(38,638		)	98,588
Total revenues	496,951			449,430		95,795			296			(46,755		)	995,717

Goodwill and intangible assets impairment	319,551			—		6,735			—			—			326,286
Interest expense	68,529			34,012		9,070			144,170			—			255,781
Depreciation and amortization	44,439			8,888		6,088			11			—			59,426
Other expenses, net ⁽⁶⁾	752,721			271,413		156,783			16,497			(46,755		)	1,150,659
Total expenses	1,185,240			314,313		178,676			160,678			(46,755		)	1,792,152

Total other gains (losses)	(2,113		)	—		(1,664		)	10,394			—			6,617

Income (loss) before income taxes	$	(690,402	)	$	135,117	$	(84,545	)	$	(149,988	)	$	—		$	(789,818	)

	At December 31, 2016
Total assets	$	3,670,488		$	1,496,346	$	11,119,750		$	1,097,330		$	(625,018	)	$	16,758,896



	For the Year Ended December 31, 2015
	Servicing			Originations		Reverse Mortgage			Other			Eliminations			Total Consolidated
Net servicing revenue and fees ^{(1) (2)}	$	462,544		$	—	$	42,648		$	—		$	(10,925	)	$	494,267
Net gains (losses) on sales of loans ⁽²⁾	3,699			448,533		(98		)	—			1,706			453,840
Net fair value gains on reverse loans and related HMBS obligations	—			—		98,265			—			—			98,265
Interest income on loans	74,303			62		—			—			—			74,365
Insurance revenue	47,201			—		—			—			—			47,201
Other revenues ^{(3) (4)}	81,756			45,250		6,794			5,345			(32,824		)	106,321
Total revenues	669,503			493,845		147,609			5,345			(42,043		)	1,274,259

Goodwill impairment	151,018			—		56,539			—			—			207,557
Interest expense	85,482			36,470		3,902			147,752			—			273,606
Depreciation and amortization	45,437			15,811		7,865			15			—			69,128
Other expenses, net ⁽⁶⁾	663,545			318,028		191,640			30,295			(42,043		)	1,161,465
Total expenses	945,482			370,309		259,946			178,062			(42,043		)	1,711,756

Total other gains	6,209			—		—			26,862			—			33,071

Income (loss) before income taxes	$	(269,770	)	$	123,536	$	(112,337	)	$	(145,855	)	$	—		$	(404,426	)

	At December 31, 2015
Total assets	$	5,244,070		$	1,570,258	$	11,127,641		$	1,318,840		$	(711,362	)	$	18,549,447



	For the Year Ended December 31, 2014
	Servicing			Originations		Reverse Mortgage			Other			Eliminations			Total Consolidated
Net servicing revenue and fees ⁽¹⁾	$	575,961		$	—	$	35,446		$	—		$	(9,897	)	$	601,510
Net gains on sales of loans	—			462,172		—			—			—			462,172
Net fair value gains on reverse loans and related HMBS obligations	—			—		109,972			—			—			109,972
Interest income on loans	134,472			83		—			—			—			134,555
Insurance revenue	71,010			—		—			—			—			71,010
Other revenues ^{(3) (5)}	75,991			19,567		11,743			41,179			(40,546		)	107,934
Total revenues	857,434			481,822		157,161			41,179			(50,443		)	1,487,153

Goodwill impairment	—			—		82,269			—			—			82,269
Interest expense	121,856			29,841		3,773			147,633			—			303,103
Depreciation and amortization	46,333			17,090		9,284			14			—			72,721
Other expenses, net ⁽⁶⁾	716,992			317,787		163,003			19,597			(50,443		)	1,166,936
Total expenses	885,181			364,718		258,329			167,244			(50,443		)	1,625,029

Total other gains (losses)	(1,540		)	—		—			20,076			—			18,536

Income (loss) before income taxes	$	(29,287	)	$	117,104	$	(101,168	)	$	(105,989	)	$	—		$	(119,340	)

__________


(1)	The Servicing segment recorded intercompany servicing revenue and fees from activity with the Originations segment and the Other non-reportable segment of $12.0 million, $10.9 million and $9.9 million for the years ended December 31, 2016, 2015 and 2014, respectively.


(2)	Included in net servicing revenue and fees for the Servicing segment are late fees that were waived as an incentive for borrowers refinancing their loans of $3.8 million and $1.7 million for the years ended December 31, 2016 and 2015, respectively. These fees reduced net gains on sale of loans recognized by the Originations segment for the same period.

(3)

The Servicing segment recorded intercompany revenues for fees earned related to certain loan originations completed by the Originations segment from leads generated through the Servicing segment's servicing portfolio of $37.6 million, $30.8 million and $40.5 million for the years ended December 31, 2016, 2015 and 2014, respectively. The expenses incurred by the Originations segment for these originations are included in other expenses, net in the tables above. In 2016, the Servicing segment increased the lead fee charged per origination to the Originations segment to reflect current market pricing, which increased intersegment revenues by $11.3 million for the year ended December 31, 2016.


(4)	The Originations segment recorded intercompany revenues for fees earned supporting the Servicing segment in administrative functions relating to the acquisition of certain servicing rights of $1.0 million and $2.0 million for the years ended December 31, 2016 and 2015, respectively.


(5)	Other revenues of the Other non-reportable segment include $36.8 million in asset management performance fees for the year ended December 31, 2014.


(6)	Other expenses, net in the tables above includes salaries and benefits, general and administrative, and other expenses, net on the consolidated statements of comprehensive loss.