Loan Securitization/Sale Activities (Tables)

3 Months Ended

Mar. 31, 2016

Investment and Servicing Segment

Summary of fair value and par value of loans sold and amount of sale proceeds used in part to repay the outstanding balance of the repurchase agreements associated with the loans

The following summarizes the fair value and par value of loans sold from our conduit platform, as well as the amount of sale proceeds used in part to repay the outstanding balance of the repurchase agreements associated with these loans for the three months ended March 31, 2016 and 2015 (amounts in thousands):

	For the Three Months Ended
	March 31,
	2016		2015
Fair value of loans sold	$	256,964	$	482,009
Par value of loans sold		252,172		464,574
Repayment of repurchase agreements		189,207		344,378

Lending Segment

Summary of loans sold and loans transferred as secured borrowings by the Lending segment net of expenses

The following table summarizes our loans sold and loans transferred as secured borrowings by the Lending Segment net of expenses (amounts in thousands):

					Loan Transfers
	Loan Transfers Accounted				Accounted for as Secured
	for as Sales				Borrowings
	Face Amount		Proceeds		Face Amount		Proceeds
For the Three Months Ended March 31,
2016	$	98,537	$	97,882	$	—	$	—
2015		85,500		85,121		—		—