Loan Securitization/Sale Activities (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2016 and 2015 (amounts in thousands):

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
Fair value of loans sold	$	218,369	$	551,635	$	475,333	$	1,033,644
Par value of loans sold		204,960		533,447		456,862		998,021
Repayment of repurchase agreements		153,574		400,078		342,781		744,456

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 June 30,
2016	$	23,977	$	23,394	$	—	$	—
2015		295,961		293,455		38,925		38,925
For the Six Months Ended June 30,
2016	$	122,514	$	121,276	$	—	$	—
2015		381,461		378,576		38,925		38,925