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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 285,969 $ 224,598
Restricted cash and cash equivalents 112,826 204,463
Residential loans at amortized cost, net 985,454 665,209
Residential loans at fair value 10,725,232 12,416,542
Receivables, net 124,344 267,962
Servicer and protective advances, net 813,433 1,195,380
Servicing rights, net 773,251 1,029,719
Goodwill 47,747 47,747
Intangible assets, net 8,733 11,347
Premises and equipment, net 50,213 82,628
Deferred tax assets, net 1,400 0
Assets held for sale 0 71,085
Other assets 235,595 242,290
Total assets 14,164,197 16,458,970
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Payables and accrued liabilities 994,461 759,011
Servicer payables 116,779 146,332
Servicing advance liabilities 483,462 783,229
Warehouse borrowings 1,085,198 1,203,355
Servicing rights related liabilities at fair value 32 1,902
Corporate debt 1,214,663 2,129,000
Mortgage-backed debt 735,882 943,956
HMBS related obligations at fair value 9,175,128 10,509,449
Deferred tax liabilities, net 848 4,774
Liabilities held for sale 0 2,402
Total liabilities not subject to compromise 13,806,453 16,483,410
Liabilities subject to compromise 806,937 0
Total liabilities 14,613,390 16,483,410
Commitments and contingencies
Stockholders' deficit:    
Preferred stock 0 0
Common stock 374 364
Additional paid-in capital 598,193 596,067
Accumulated deficit (1,048,817) (621,804)
Accumulated other comprehensive income 1,057 933
Total stockholders' deficit (449,193) (24,440)
Total liabilities and stockholders' deficit 14,164,197 16,458,970
Variable Interest Entity, Primary Beneficiary [Member]    
ASSETS    
Restricted cash and cash equivalents 44,376 45,843
Residential loans at amortized cost, net 424,420 462,877
Residential loans at fair value 301,435 492,499
Receivables, net 5,824 15,798
Servicer and protective advances, net 446,799 734,707
Other assets 39,837 19,831
Total assets 1,262,691 1,771,555
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Servicing advance liabilities 444,563 650,565
Mortgage-backed debt 735,882 943,956
Total liabilities $ 1,183,531 $ 1,597,506