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Guaranty Obligation and Allowance for Risk-Sharing Obligations (Tables)
12 Months Ended
Dec. 31, 2015
Guaranty Obligation and Allowance for Risk-Sharing Obligations  
Schedule of Activity Related to Guaranty Obligation

 

 

 

 

 

 

 

 

 

 

As of and for the year ended December 31, 

 

(in thousands)

    

2015

    

2014

 

Beginning balance

 

$

24,975

 

$

23,489

 

Additions, following the sale of loan

 

 

8,828

 

 

6,032

 

Amortization

 

 

(5,423)

 

 

(4,546)

 

Other

 

 

(810)

 

 

 —

 

Ending balance

 

$

27,570

 

$

24,975

 

 

Summary of Allowance for Risk-Sharing Obligations

 

 

 

 

 

 

 

 

 

 

As of and for the year ended December 31, 

 

(in thousands)

    

2015

    

2014

 

Beginning balance

 

$

3,904

 

$

7,363

 

Provision for risk-sharing obligations

 

 

1,680

 

 

1,783

 

Write-offs

 

 

(808)

 

 

(5,242)

 

Other

 

 

810

 

 

 —

 

Ending balance

 

$

5,586

 

$

3,904