Schedule I Financial Information (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Liabilities Subject to Compromise

Liabilities subject to compromise consist of the following (in thousands):



	Predecessor
	December 31, 2017
Senior Notes	$	538,662
Convertible Notes	242,468
Accrued interest⁽¹⁾	25,807
Total liabilities subject to compromise	$	806,937

__________

(1)

Represents accrued interest on the Senior Notes and Convertible Notes as of November 30, 2017, the date the Company filed the WIMC Bankruptcy Petition. As interest on the Senior Notes and Convertible Notes subsequent to November 30, 2017 was not expected to be an allowed claim, this amount excludes interest that would have been accrued subsequent to November 30, 2017. Interest expense reported on the consolidated statements of comprehensive income (loss) for the period from January 1, 2018 through February 9, 2018 and the year ended December 31, 2017 excludes $5.9 million and $4.4 million, respectively, of interest on the Senior Notes and Convertible Notes that otherwise would have been accrued for the periods.

Schedule of Reorganization Items and Fresh Start Accounting Adjustments

The Company's reorganization items and fresh start accounting adjustments consist of the following (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
Gain on cancellation of corporate debt	$	—		$	556,937	$	—
Less: issuance of new equity to Convertible and Senior Noteholders	—			153,764		—
Net gain on cancellation of corporate debt	—			403,173		—
Less:
Legal and professional fees⁽¹⁾	2,123			12,461		3,098
Write-off deferred debt issuance costs and discounts	—			—		34,406
Other expenses	603			3,378		141
Total expenses	2,726			15,839		37,645
Total reorganization items	(2,726		)	387,334		(37,645		)
Fresh start accounting adjustments	—			77,229		—
Reorganization items and fresh start accounting adjustments	$	(2,726	)	$	464,563	$	(37,645	)

__________


(1)	Professional fees are directly related to the WIMC Reorganization.

Supplemental Disclosures of Cash Flow Information

The Company’s supplemental disclosures of cash flow information are summarized as follows (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
Supplemental Disclosure of Cash Flow Information
Cash paid for interest	$	198,603		$	17,734		$	212,021
Cash received for taxes	(910		)	(244		)	(72,882		)
Supplemental Disclosure of Non-Cash Investing and Financing Activities
Servicing rights capitalized upon sales of loans	166,203			14,493			148,227
Real estate owned acquired through foreclosure	111,207			14,045			167,835
Residential loans originated to finance the sale of real estate owned	12,885			1,701			10,799
Residential loans acquired from Non-Residual Trusts⁽¹⁾	—			—			25,061

__________


(1)	Represents loans held by the Non-Residual Trusts that were acquired by the Company upon the exercise of the mandatory call obligations. Refer to Notes 5 and 29 for additional information.

Parent Company [Member]

Schedule of Liabilities Subject to Compromise

The Parent Company's liabilities that were subject to compromise consisted of the following (in thousands):



	Predecessor
	December 31, 2017
Senior Notes	$	538,662
Convertible Notes	242,468
Accrued interest⁽¹⁾	25,807
Total liabilities subject to compromise	$	806,937

__________

(1)

Represents accrued interest on the Senior Notes and Convertible Notes as of November 30, 2017, the date the Company filed the WIMC Bankruptcy Petition. As interest on the Senior Notes and Convertible Notes subsequent to November 30, 2017 was not expected to be an allowed claim, this amount excludes interest that would have been accrued subsequent to November 30, 2017. Interest expense reported on the Parent Company statements of comprehensive income (loss) for the period from January 1, 2018 through February 9, 2018 and the year ended December 31, 2017 excludes $5.9 million and $4.4 million, respectively, of interest on the Senior Notes and Convertible Notes that otherwise would have been accrued for the period.

Schedule of Reorganization Items and Fresh Start Accounting Adjustments

The Parent Company's reorganization items and fresh start accounting adjustments consist of the following (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
Gain on cancellation of corporate debt	$	—		$	556,937	$	—
Less: issuance of new equity to Convertible and Senior Noteholders	—			153,764		—
Net gain on cancellation of corporate debt	—			403,173		—
Less:
Legal and professional fees⁽¹⁾	2,123			12,461		3,098
Write-off deferred debt issuance costs and discounts	—			—		34,406
Other expenses	603			3,378		141
Total expenses	2,726			15,839		37,645
Total reorganization items	(2,726		)	387,334		(37,645		)
Fresh start accounting adjustments	—			71,177		—
Reorganization items and fresh start accounting adjustments	$	(2,726	)	$	458,511	$	(37,645	)

__________


(1)	Professional fees are directly related to the WIMC Reorganization.

Supplemental Disclosures of Cash Flow Information

The Parent Company’s supplemental disclosures of cash flow information are summarized as follows (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
Supplemental Disclosure of Cash Flow Information
Cash paid for interest	$	87,389		$	7,437		$	93,327
Cash received for taxes	(938		)	(78		)	(72,982		)
Supplemental Disclosure of Non-Cash Investing and Financing Activities
Contributions to subsidiaries	2,013			—			184,474
Distributions from subsidiaries	—			—			4,474