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Transfers of Residential Loans (Tables)
 12 Months Ended
Dec. 31, 2018
Transfers and Servicing [Abstract]  
Schedule of Continuing Involvement with Mortgage Loans Sold with Servicing Rights Retained
The following table presents the carrying amounts of the Company’s net 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 Net Assets
Recorded on the Consolidated Balance Sheets
 
Unpaid
Principal
Balance of
Sold Loans

 
Servicing
Rights, Net
 
Servicer and
Protective
Advances, Net
 
Payables and Accrued Liabilities
 
Total
 
Successor
 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
$
323,335

 
$
25,449

 
$
—

 
$
348,784

 
$
28,461,158

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
$
385,744

 
$
30,762

 
$
(32
)
 
$
416,474

 
$
36,274,449
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):
 
 
Successor
 
 
Predecessor
 
 
For the Period From February 10, 2018 Through December 31, 2018
 
 
For the Period From January 1, 2018 Through February 9, 2018
 
For the Year Ended 
 December 31, 2017
Cash proceeds received from sales, net of fees
 
$
11,389,421

 
 
$
1,415,435

 
$
16,863,357

Servicing fees collected (1)
 
96,019

 
 
13,884

 
121,064

Repurchases of previously sold loans (2)
 
123,641

 
 
14,948

 
95,950


__________
(1)
Represents servicing fees collected on all loans sold whereby the Company has continued involvement with mortgage loans that have been sold with servicing rights retained.
(2)
Includes Ginnie Mae buyout loans of $113.6 million, $14.2 million and $84.2 million for the period from February 10, 2018 through December 31, 2018, the period from January 1, 2018 through February 9, 2018 and the year ended December 31, 2017, respectively.