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Non-consolidated variable interest entities (Tables)

12 Months Ended

Dec. 31, 2015

Schedule Of Variable Interest Entities Text Block

(In thousands)			2015		2014
Assets
Servicing assets:
	Mortgage servicing rights	$	163,224	$	103,828
Total servicing assets		$	163,224	$	103,828
Other assets:
	Servicing advances	$	24,431	$	8,974
Total other assets		$	24,431	$	8,974
Total assets		$	187,655	$	112,802
Maximum exposure to loss		$	187,655	$	112,802

PRLP 2011 Holding, LLC

Schedule Of Variable Interest Entities Text Block

(In thousands)			2015		2014
Assets
Loans held-in-portfolio:
	Working capital line advances	$	579	$	426
	Advance facility advances		401		4,226
Total loans held-in-portfolio		$	980	$	4,652
Accrued interest receivable		$	10	$	22
Other assets:
	Investment in PRLP 2011 Holdings LLC	$	13,069	$	23,650
Total assets		$	14,059	$	28,324
Deposits		$	(18,808)	$	(2,685)
Total liabilities		$	(18,808)	$	(2,685)
Total net (liabilities) assets		$	(4,749)	$	25,639
Maximum exposure to loss		$	-	$	25,639

PR Asset Portfolio 2013-1 International, LLC

Schedule Of Variable Interest Entities Text Block

(In thousands)		2015		2014
Assets
Loans held-in-portfolio:
	Acquisition loan	$	35,121	$	97,193
	Advances under the working capital line		885		990
	Advances under the advance facility		22,296		12,460
Total loans held-in-portfolio		$	58,302	$	110,643
Accrued interest receivable		$	169	$	314
Other assets:
	Investment in PR Asset Portfolio 2013-1 International, LLC	$	25,094	$	31,374
Total assets		$	83,565	$	142,331
Deposits		$	(11,772)	$	(12,960)
Total liabilities		$	(11,772)	$	(12,960)
Total net assets		$	71,793	$	129,371
Maximum exposure to loss		$	71,793	$	129,371

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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