SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of net warehouse interest income

Included in net warehouse interest income for the three months ended March 31, 2013 and 2012 are the following components (in thousands):

	For the three months ended March 31,
	2013		2012
Warehouse interest income	$	5,447	$	2,575
Warehouse interest expense	3,824		1,638
Net warehouse interest income	$	1,623	$	937