MSRs (Tables)

6 Months Ended

Jun. 30, 2015

Mortgage Servicing Rights MSR Disclosure [Abstract]

Schedule Of Mortgage Service Rights Activity [Table Text Block]

The following table presents the Company’s MSR activity for the three months ended June 30, 2015.

	Three Months Ended June 30, 2015
Balance at beginning of period	$	-
MSRs retained from sales to securitizations		2,457,373
Balance at end of year	$	2,457,373
Loans associated with MSRs (1)	$	252,297,973
MSR values as percent of loans (2)		0.97	%

(1) Amounts represent the principal balance of loans associated with MSRs outstanding at June 30, 2015

(2) Amounts represent the carrying value of MSRs at June 30, 2015 divided by the outstanding balance of the loans associated with these MSRs

Schedule Of Components Of Servicing Income [Table Text Block]

The following table presents the components of servicing income recorded on the Company’s condensed consolidated statement of operations for the three months ended June 30, 2015:

	Three Months Ended June 30, 2015
Servicing income, net	$	65,770
Income from MSRs, net	$	65,770