Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2016

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of Provision for Credit Losses

	For the three months ended				For the six months ended
	June 30,				June 30,
(in thousands)	2016		2015		2016		2015
Provision (benefit) for loan losses	$	17	$	340	$	(238)	$	274
Provision for risk-sharing obligations		275		58		121		208
Provision (benefit) for credit losses	$	292	$	398	$	(117)	$	482

Schedule of Net Warehouse Interest Income

	For the three months ended				For the six months ended
	June 30,				June 30,
(in thousands)	2016		2015		2016		2015
Warehouse interest income - loans held for sale	$	7,298	$	11,063	$	20,821	$	18,472
Warehouse interest expense - loans held for sale		(5,168)		(6,764)		(13,516)		(11,719)
Net warehouse interest income - loans held for sale	$	2,130	$	4,299	$	7,305	$	6,753
Warehouse interest income - loans held for investment	$	2,630	$	3,770	$	5,453	$	6,827
Warehouse interest expense - loans held for investment		(1,180)		(1,459)		(2,447)		(2,616)
Net warehouse interest income - loans held for investment	$	1,450	$	2,311	$	3,006	$	4,211
Total net warehouse interest income	$	3,580	$	6,610	$	10,311	$	10,964