Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 478,374	$ 224,598
Restricted cash and cash equivalents	172,677	204,463
Residential loans at amortized cost, net	709,080	665,209
Residential loans at fair value	11,905,869	12,416,542
Receivables, net	155,250	267,962
Servicer and protective advances, net	915,185	1,195,380
Servicing rights, net	935,898	1,029,719
Goodwill	47,747	47,747
Intangible assets, net	9,718	11,347
Premises and equipment, net	66,162	82,628
Assets held for sale	0	71,085
Other assets	199,554	242,290
Total assets	15,595,514	16,458,970
LIABILITIES AND STOCKHOLDERS' DEFICIT
Payables and accrued liabilities	701,390	759,011
Servicer payables	143,785	146,332
Servicing advance liabilities	544,134	783,229
Warehouse borrowings	1,332,126	1,203,355
Servicing rights related liabilities at fair value	1,314	1,902
Corporate debt	2,116,960	2,129,000
Mortgage-backed debt	877,775	943,956
HMBS related obligations at fair value	9,986,409	10,509,449
Deferred tax liabilities, net	4,602	4,774
Liabilities held for sale	0	2,402
Total liabilities	15,708,495	16,483,410
Commitments and contingencies
Stockholders' deficit:
Preferred stock	0	0
Common stock	365	364
Additional paid-in capital	597,348	596,067
Accumulated deficit	(711,605)	(621,804)
Accumulated other comprehensive income	911	933
Total stockholders' deficit	(112,981)	(24,440)
Total liabilities and stockholders' deficit	15,595,514	16,458,970
VIE Primary Beneficiary
ASSETS
Restricted cash and cash equivalents	32,903	45,843
Residential loans at amortized cost, net	442,566	462,877
Residential loans at fair value	406,006	492,499
Receivables, net	12,112	15,798
Servicer and protective advances, net	493,595	734,707
Other assets	23,362	19,831
Total assets	1,410,544	1,771,555
LIABILITIES AND STOCKHOLDERS' DEFICIT
Payables and accrued liabilities	2,565	2,985
Servicing advance liabilities	424,555	650,565
Mortgage-backed debt	877,775	943,956
Total liabilities	$ 1,304,895	$ 1,597,506