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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 303,341 $ 491,885
Restricted cash and cash equivalents 811,670 804,803
Residential loans at amortized cost, net (includes $11,930 and $14,320 in allowance for loan losses at June 30, 2014 and December 31, 2013, respectively) 1,361,153 1,394,871
Residential loans at fair value 11,268,401 10,341,375
Receivables, net (includes $36,181 and $43,545 at fair value at June 30, 2014 and December 31, 2013, respectively) 288,829 319,195
Servicer and protective advances net (includes $79,972 and $52,238 in allowance for uncollectible advances at June 30, 2014 and December 31, 2013, respectively) 1,595,950 1,381,434
Servicing rights, net (includes $1,496,073 and $1,131,124 at fair value at June 30, 2014 and December 31, 2013, respectively) 1,648,544 1,304,900
Goodwill 575,468 657,737
Intangible assets, net 112,513 122,406
Premises and equipment, net 143,592 155,847
Other assets (includes $78,262 and $62,365 at fair value at June 30, 2014 and December 31, 2013, respectively) 276,489 413,076
Total assets 18,385,950 17,387,529
LIABILITIES AND STOCKHOLDERS' EQUITY    
Payables and accrued liabilities (includes $42,912 and $26,571 at fair value at June 30, 2014 and December 31, 2013, respectively) 622,282 494,139
Servicer payables 735,391 735,225
Servicing advance liabilities 1,040,441 971,286
Warehouse borrowings 1,151,216 1,085,563
Debt 2,269,590 2,272,085
Mortgage-backed debt (includes $651,784 and $684,778 at fair value at June 30, 2014 and December 31, 2013, respectively) 1,803,470 1,887,862
HMBS related obligations at fair value 9,472,666 8,652,746
Deferred tax liability, net 105,705 121,607
Total liabilities 17,200,761 16,220,513
Stockholders' equity:    
Preferred stock, $0.01 par value per share: Authorized - 10,000,000 shares Issued and outstanding - 0 shares at June 30, 2014 and December 31, 2013 0 0
Common stock, $0.01 par value per share: Authorized - 90,000,000 shares Issued and outstanding - 37,704,530 and 37,377,274 shares at June 30, 2014 and December 31, 2013, respectively 377 374
Additional paid-in capital 594,285 580,572
Retained earnings 590,020 585,572
Accumulated other comprehensive income 507 498
Total stockholders' equity 1,185,189 1,167,016
Total liabilities and stockholders' equity 18,385,950 17,387,529
VIE Primary Beneficiary [Member]
   
ASSETS    
Restricted cash and cash equivalents 71,125 59,080
Residential loans at amortized cost, net (includes $11,930 and $14,320 in allowance for loan losses at June 30, 2014 and December 31, 2013, respectively) 1,339,634 1,377,711
Residential loans at fair value 557,786 587,265
Receivables, net (includes $36,181 and $43,545 at fair value at June 30, 2014 and December 31, 2013, respectively) 36,181 43,545
Servicer and protective advances net (includes $79,972 and $52,238 in allowance for uncollectible advances at June 30, 2014 and December 31, 2013, respectively) 102,927 75,481
Other assets (includes $78,262 and $62,365 at fair value at June 30, 2014 and December 31, 2013, respectively) 45,496 56,254
Total assets 2,153,149 2,199,336
LIABILITIES AND STOCKHOLDERS' EQUITY    
Payables and accrued liabilities (includes $42,912 and $26,571 at fair value at June 30, 2014 and December 31, 2013, respectively) 7,907 8,472
Servicing advance liabilities 101,323 67,905
Mortgage-backed debt (includes $651,784 and $684,778 at fair value at June 30, 2014 and December 31, 2013, respectively) 1,803,470 1,887,862
Total liabilities $ 1,912,700 $ 1,964,239