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Residential Loans at Fair Value (Tables)
12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Reconciliation of Changes in Residential Loans Held for Sale to Amounts Presented on Consolidated Statements of Cash Flows
A reconciliation of the changes in residential loans held for sale to the amounts presented on the consolidated statements of cash flows is presented in the following table (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
Balance at beginning of the period
 
$
371,282

 
 
$
588,553

 
$
1,176,280

Purchases and originations of loans held for sale
 
11,821,103

 
 
1,207,155

 
16,128,212

Proceeds from sales of and payments on loans held for sale (1)
 
(11,441,044
)
 
 
(1,421,102
)
 
(16,957,389
)
Realized gains (losses) on sales of loans (2)
 
(5,602
)
 
 
3,582

 
171,537

Change in unrealized gains (losses) on loans held for sale (2)
 
7,425

 
 
(9,343
)
 
10,309

Interest income (2)
 
23,790

 
 
2,298

 
34,126

Loans acquired from Non-Residual Trusts (3)
 

 
 

 
25,062

Other
 
333

 
 
139

 
416

Balance at end of the period
 
$
777,287

 
 
$
371,282


$
588,553

__________
(1)
Excludes realized gains and losses on freestanding derivatives.
(2)
Amount is a component of net gains on sales of loans on the consolidated statements of comprehensive income (loss). Refer to Note 7 for additional information related to the components of net gains on sales of loans.
(3)
Loans acquired from Non-Residual Trusts upon exercise of mandatory call obligation.