Loan Securitization/Sale Activities (Tables)

12 Months Ended

Dec. 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 years ended December 31, 2016, 2015 and 2014 (amounts in thousands):

	For the Year Ended December 31,
	2016		2015		2014
Fair value of loans sold	$	1,884,380	$	2,100,216	$	1,670,522
Par value of loans sold		1,798,215		2,034,773		1,603,807
Repayment of repurchase agreements		1,170,230		1,548,111		1,196,778

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
For the Year Ended December 31,	Face Amount		Proceeds		Face Amount		Proceeds
2016	$	386,389	$	382,881	$	—	$	—
2015		645,425		637,124		38,925		38,925
2014		510,539		501,988		—		—