Transfers of Residential Loans (Tables)

6 Months Ended

Jun. 30, 2013

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Summary of Cash Flows Related to Transfers of Residential Loans Accounted for as Sales

The following table presents a summary of cash flows related to transfers of forward loans accounted for as sales (in thousands):

	For the Three Months Ended June 30, 2013		For the Six Months Ended June 30, 2013
Proceeds received from transfers	$	3,507,477	$	3,631,818
Servicing fees collected		426		447

Schedule of Servicing Arrangements Associated with Transfers of Forward Loans

The following table presents the carrying amounts of the Company’s assets that relate to its continued involvement with forward loans that have been transferred with servicing rights retained and the unpaid principal balance of transferred loans (in thousands):

	Carrying Value of Assets Recorded on the Consolidated Balance Sheet						Unpaid Principal Balance of Transferred Loans
Type of Involvement	Servicing Rights, Net		Servicer and Protective Advances, Net		Total
Servicing arrangements associated with transfers of forward loans
June 30, 2013	$	42,264	$	—	$	42,264	$	3,484,501