XML 54 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
Servicer and Protective Advances, Net (Tables)
12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
Summary of Servicer and Protective Advances, Net

Service and protective advances, net consist of the following (in thousands):

 

     December 31,  
     2013     2012  

Servicer advances

   $ 53,473      $ 48,120   

Protective advances

     1,380,199        149,041   
  

 

 

   

 

 

 

Total servicer and protective advances

     1,433,672        197,161   

Less: Allowance for uncollectible advances

     (52,238     (24,114
  

 

 

   

 

 

 

Servicer and protective advances, net

   $ 1,381,434      $ 173,047   
  

 

 

   

 

 

 
Activity in the Allowance for Uncollectible Advances

The following table shows the activity in the allowance for uncollectible advances (in thousands):

 

     For the Years Ended December 31,  
     2013     2012     2011  

Balance at beginning of year

   $ 24,114      $ 17,408      $ 14,156   

Provision for uncollectible advances

     37,993        13,199        6,225   

Charge-offs, net of recoveries and other

     (9,869     (6,493     (2,973
  

 

 

   

 

 

   

 

 

 

Balance at end of year

   $ 52,238      $ 24,114      $ 17,408