XML 98 R69.htm IDEA: XBRL DOCUMENT v3.7.0.1
Separate Financial Information of Subsidiary Guarantors of Indebtedness - Condensed Consolidating Balance Sheets (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Dec. 31, 2015
ASSETS        
Cash and cash equivalents $ 478,374 $ 224,598 $ 312,893 $ 202,828
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    
Deferred tax assets, net 0      
Assets held for sale 0 71,085    
Other assets 199,554 242,290    
Due from affiliates, net 0 0    
Investments in consolidated subsidiaries and VIEs 0 0    
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    
Obligation to fund Non-Guarantor VIEs 0 0    
Due to affiliates, net 0 0    
Total liabilities 15,708,495 16,483,410    
Stockholders' deficit:        
Total stockholders' equity (deficit) (112,981) (24,440)    
Total liabilities and stockholders' equity 15,595,514 16,458,970    
Reportable Legal Entities | Parent Company        
ASSETS        
Cash and cash equivalents 1,012 773 320 4,016
Restricted cash and cash equivalents 1,502 1,502    
Residential loans at amortized cost, net 12,146 12,891    
Residential loans at fair value 0 0    
Receivables, net 17,180 97,424    
Servicer and protective advances, net 0 0    
Servicing rights, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Premises and equipment, net 979 1,181    
Deferred tax assets, net 856      
Assets held for sale   0    
Other assets 27,540 30,789    
Due from affiliates, net 363,630 392,998    
Investments in consolidated subsidiaries and VIEs 1,614,885 1,620,339    
Total assets 2,039,730 2,157,897    
LIABILITIES AND STOCKHOLDERS' DEFICIT        
Payables and accrued liabilities 35,751 53,337    
Servicer payables 0 0    
Servicing advance liabilities 0 0    
Warehouse borrowings 0 0    
Servicing rights related liabilities at fair value 0 0    
Corporate debt 2,116,960 2,129,000    
Mortgage-backed debt 0 0    
HMBS related obligations at fair value 0 0    
Deferred tax liabilities, net 0 0    
Liabilities held for sale   0    
Obligation to fund Non-Guarantor VIEs 0 0    
Due to affiliates, net 0 0    
Total liabilities 2,152,711 2,182,337    
Stockholders' deficit:        
Total stockholders' equity (deficit) (112,981) (24,440)    
Total liabilities and stockholders' equity 2,039,730 2,157,897    
Reportable Legal Entities | Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 400,362 221,825 310,573 196,812
Restricted cash and cash equivalents 139,485 158,204    
Residential loans at amortized cost, net 254,368 189,441    
Residential loans at fair value 11,499,863 11,924,043    
Receivables, net 125,949 154,852    
Servicer and protective advances, net 440,864 481,099    
Servicing rights, net 935,898 1,029,719    
Goodwill 47,747 47,747    
Intangible assets, net 9,718 11,347    
Premises and equipment, net 65,183 81,447    
Deferred tax assets, net 0      
Assets held for sale   65,045    
Other assets 148,652 191,671    
Due from affiliates, net 0 0    
Investments in consolidated subsidiaries and VIEs 68,052 134,612    
Total assets 14,136,141 14,691,052    
LIABILITIES AND STOCKHOLDERS' DEFICIT        
Payables and accrued liabilities 668,206 708,070    
Servicer payables 143,785 146,332    
Servicing advance liabilities 119,579 132,664    
Warehouse borrowings 1,332,126 1,203,355    
Servicing rights related liabilities at fair value 1,314 1,902    
Corporate debt 0 0    
Mortgage-backed debt 0 0    
HMBS related obligations at fair value 9,986,409 10,509,449    
Deferred tax liabilities, net 5,458 3,204    
Liabilities held for sale   1,179    
Obligation to fund Non-Guarantor VIEs 51,394 46,417    
Due to affiliates, net 358,997 392,812    
Total liabilities 12,667,268 13,145,384    
Stockholders' deficit:        
Total stockholders' equity (deficit) 1,468,873 1,545,668    
Total liabilities and stockholders' equity 14,136,141 14,691,052    
Reportable Legal Entities | Non-Guarantor Subsidiaries and VIEs        
ASSETS        
Cash and cash equivalents 77,000 2,000 2,000 2,000
Restricted cash and cash equivalents 31,690 44,757    
Residential loans at amortized cost, net 442,566 462,877    
Residential loans at fair value 406,006 492,499    
Receivables, net 12,121 15,686    
Servicer and protective advances, net 455,100 688,961    
Servicing rights, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Premises and equipment, net 0 0    
Deferred tax assets, net 0      
Assets held for sale   6,040    
Other assets 23,362 19,830    
Due from affiliates, net 0 0    
Investments in consolidated subsidiaries and VIEs 0 0    
Total assets 1,447,845 1,732,650    
LIABILITIES AND STOCKHOLDERS' DEFICIT        
Payables and accrued liabilities 4,994 5,474    
Servicer payables 0 0    
Servicing advance liabilities 424,555 650,565    
Warehouse borrowings 0 0    
Servicing rights related liabilities at fair value 0 0    
Corporate debt 0 0    
Mortgage-backed debt 877,775 943,956    
HMBS related obligations at fair value 0 0    
Deferred tax liabilities, net 0 1,570    
Liabilities held for sale   1,223    
Obligation to fund Non-Guarantor VIEs 0 0    
Due to affiliates, net 4,633 185    
Total liabilities 1,311,957 1,602,973    
Stockholders' deficit:        
Total stockholders' equity (deficit) 135,888 129,677    
Total liabilities and stockholders' equity 1,447,845 1,732,650    
Eliminations and Reclassifications        
ASSETS        
Cash and cash equivalents 0 0 $ 0 $ 0
Restricted cash and cash equivalents 0 0    
Residential loans at amortized cost, net 0 0    
Residential loans at fair value 0 0    
Receivables, net 0 0    
Servicer and protective advances, net 19,221 25,320    
Servicing rights, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Premises and equipment, net 0 0    
Deferred tax assets, net (856)      
Assets held for sale   0    
Other assets 0 0    
Due from affiliates, net (363,630) (392,998)    
Investments in consolidated subsidiaries and VIEs (1,682,937) (1,754,951)    
Total assets (2,028,202) (2,122,629)    
LIABILITIES AND STOCKHOLDERS' DEFICIT        
Payables and accrued liabilities (7,561) (7,870)    
Servicer payables 0 0    
Servicing advance liabilities 0 0    
Warehouse borrowings 0 0    
Servicing rights related liabilities at fair value 0 0    
Corporate debt 0 0    
Mortgage-backed debt 0 0    
HMBS related obligations at fair value 0 0    
Deferred tax liabilities, net (856) 0    
Liabilities held for sale   0    
Obligation to fund Non-Guarantor VIEs (51,394) (46,417)    
Due to affiliates, net (363,630) (392,997)    
Total liabilities (423,441) (447,284)    
Stockholders' deficit:        
Total stockholders' equity (deficit) (1,604,761) (1,675,345)    
Total liabilities and stockholders' equity $ (2,028,202) $ (2,122,629)