Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2018

Commitments and Contingencies

Schedule of roll-forward of claims activity for loans put-back to the mortgage origination segment

The following tables provide for a rollforward of claims activity for loans put-back to the mortgage origination segment based upon an alleged breach of a representation or warranty with respect to a loan sold and related indemnification liability reserve activity (in thousands).

	Representation and Warranty Specific Claims
	Activity - Origination Loan Balance
	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Balance, beginning of period	$	30,545	$	32,554	$	33,702	$	40,669
Claims made		5,477		10,618		17,827		27,647
Claims resolved with no payment		(578)		(10,991)		(12,331)		(29,079)
Repurchases		(3,513)		(1,326)		(6,847)		(3,014)
Indemnification payments		—		—		(420)		(5,368)
Balance, end of period	$	31,931	$	30,855	$	31,931	$	30,855
	Indemnification Liability Reserve Activity
	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Balance, beginning of period	$	23,910	$	22,367	$	23,472	$	18,239
Additions for new sales		857		2,488		2,599		4,480
Repurchases		(228)		(158)		(474)		(283)
Early payment defaults		(72)		(41)		(259)		(170)
Indemnification payments		(4)		—		(124)		(713)
Change in reserves for loans sold in prior years		(292)		—		(1,043)		3,103
Balance, end of period	$	24,171	$	24,656	$	24,171	$	24,656
	September 30,		December 31,
	2018		2017
Reserve for Indemnification Liability (1):
Specific claims	$	14,375	$	646
Incurred but not reported claims		9,796		22,826
Total	$	24,171	$	23,472

(1) As a result of the DOJ and HUD agreements discussed above, at September 30, 2018, the Reserve for Indemnification Liability reflects $13.5 million of specific claims that were included in incurred but not reported claims in prior periods.