OTHER INCOME, ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2017

Other Income Assets And Liabilities

Schedule of Gain (Loss) on Settlement of Investments

Gain (loss) on settlement of investments, net is comprised of the following:

	Three Months Ended   September 30,						Nine Months Ended    September 30,
	2017			2016			2017			2016
Gain (loss) on sale of real estate securities, net	$	7,342		$	(679	)	$	29,592		$	15,072
Gain (loss) on sale of residential mortgage loans, net	9,029			8,537			37,967			9,142
Gain (loss) on settlement of derivatives	(18,756		)	(18,925		)	(58,326		)	(63,699		)
Gain (loss) on liquidated residential mortgage loans	(2,152		)	(1,331		)	(7,996		)	(1,603		)
Gain (loss) on sale of REO	(1,864		)	2,207			(7,176		)	5,193
Other gains (losses)	7,954			(974		)	7,189			(1,787		)
	$	1,553		$	(11,165	)	$	1,250		$	(37,682	)

Schedule of Other Income

Other income (loss), net, is comprised of the following:

	Three Months Ended   September 30,						Nine Months Ended    September 30,
	2017			2016			2017			2016
Unrealized gain (loss) on derivative instruments	$	3,560		$	21,048		$	(124	)	$	(15,112	)
Unrealized gain (loss) on other ABS	189			724			340			(226		)
Gain (loss) on transfer of loans to REO	5,179			4,373			16,791			14,660
Gain (loss) on transfer of loans to other assets	66			2,743			359			3,021
Gain on Excess MSR recapture agreements	606			768			1,948			2,188
Gain (loss) on Ocwen common stock	6,987			—			6,987			—
Other income (loss)	(6,700		)	(2,597		)	(18,605		)	2,319
	$	9,887		$	27,059		$	7,696		$	6,850

Schedule of Other Assets and Liabilities

Other assets and liabilities are comprised of the following:

	Other Assets					Accrued Expenses and Other Liabilities
	September 30, 2017		December 31, 2016			September 30, 2017		December 31, 2016
Margin receivable, net	$	60,310	$	55,481	Interest payable	$	30,075	$	23,108
Other receivables	20,053		16,350		Accounts payable	85,622		31,299
Principal and interest receivable	50,467		52,738		Derivative liabilities (Note 10)	82		3,021
Receivable from government agency	43,313		54,706		Current taxes payable	4,553		2,314
Call rights	327		337		Due to servicers	58,203		77,148
Derivative assets (Note 10)	10,444		6,762		MSR purchase price holdback	139,481		60,436
Servicing fee receivables	60,107		7,405		Other liabilities	13,227		8,118
Ginnie Mae EBO servicer advance receivable, net	10,863		14,829			$	331,243	$	205,444
Due from servicers	22,014		22,134
Ocwen common stock, at fair value	20,900		—
Prepaid expenses	8,083		9,487
Other assets	16,494		4,269
	$	323,375	$	244,498

Schedule of Accretion and Other Amortization

As reflected on the Condensed Consolidated Statements of Cash Flows, accretion and other amortization is comprised of the following:

	Nine Months Ended    September 30,
	2017			2016
Accretion of servicer advance investment and receivable interest income	$	451,824		$	257,877
Accretion of excess mortgage servicing rights income	75,237			106,848
Accretion of net discount on securities and loans(A)	295,753			164,806
Amortization of deferred financing costs	(9,525		)	(13,889		)
Amortization of discount on notes and bonds payable	(1,367		)	(1,120		)
	$	811,922		$	514,522

(A) Includes accretion of the accretable yield on PCD loans.