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NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Components of Net Servicing Income (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Servicing fees $ 1,738 $ 1,900 $ 5,098 $ 5,513
Late charges and prepayment penalties 177 101 518 532
Other 197 [1] 273 [1] 1,244 [1] 421 [1]
Adjustment to servicing assets for loans repurchased (24) [2] (14) [2] (57) [2] (344) [2]
Servicing income, gross 1,694 1,714 4,315 5,280
Amortization and impairment of servicing assets (818) (733) (2,571) (1,762)
Servicing income, net $ 876 $ 981 $ 1,744 $ 3,518
[1] Mainly consisted of compensatory fees imposed by GSEs and losses related to representations and warranties.
[2] Amount represents the adjustment to fair value related to the repurchase of loans serviced for others.