Business Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

Financial information for our segments is as follows:

	Servicing			Lending			Corporate Items and Other			Corporate Eliminations			Business Segments Consolidated
Results of Operations
For the year ended December 31, 2016
Revenue (1)	$	1,247,159		$	112,363		$	27,646		$	(5	)	$	1,387,163
Expenses (1) (2)	920,434			104,342			198,483			(5		)	1,223,254
Other income (expense):
Interest income	(109		)	15,300			3,892			—			19,083
Interest expense	(357,413		)	(14,398		)	(40,772		)	—			(412,583		)
Gain on sale of mortgage servicing rights, net	8,492			—			—			—			8,492
Other (1)	15,812			1,065			(2,139		)	—			14,738
Other income (expense), net	(333,218		)	1,967			(39,019		)	—			(370,270		)
Income (loss) before income taxes	$	(6,493	)	$	9,988		$	(209,856	)	$	—		$	(206,361	)
For the year ended December 31, 2015
Revenue (1)	$	1,613,537		$	124,724		$	2,895		$	(58	)	$	1,741,098
Expenses (1) (2)	1,221,879			97,692			158,671			(58		)	1,478,184
Other income (expense):
Interest income	1,044			14,669			2,607			—			18,320
Interest expense	(446,377		)	(9,859		)	(26,137		)	—			(482,373		)
Gain on sale of mortgage servicing rights, net	83,921			—			—			—			83,921
Other (1)	(14,370		)	2,123			(396		)	—			(12,643		)
Other income (expense), net	(375,782		)	6,933			(23,926		)	—			(392,775		)
Income (loss) before income taxes	$	15,876		$	33,965		$	(179,702	)	$	—		$	(129,861	)

	Servicing			Lending			Corporate Items and Other			Corporate Eliminations			Business Segments Consolidated
For the year ended December 31, 2014
Revenue (1)	$	1,985,436		$	119,220		$	6,825		$	(156	)	$	2,111,325
Expenses (1) (2)	1,643,323			156,272			235,769			(156		)	2,035,208
Other income (expense):
Interest income	2,981			16,459			3,551			—			22,991
Interest expense	(515,141		)	(10,725		)	(15,891		)	—			(541,757		)
Other (1)	(4,043		)	4,476			(943		)	—			(510		)
Other income (expense), net	(516,203		)	10,210			(13,283		)	—			(519,276		)
Loss before income taxes	$	(174,090	)	$	(26,842	)	$	(242,227	)	$	—		$	(443,159	)

	Servicing		Lending		Corporate Items and Other		Corporate Eliminations		Business Segments Consolidated
Total Assets
December 31, 2016	$	3,312,357	$	3,863,848	$	479,458	$	—	$	7,655,663
December 31, 2015	$	4,089,064	$	2,811,154	$	480,090	$	—	$	7,380,308
December 31, 2014	$	5,864,061	$	1,963,729	$	415,872	$	—	$	8,243,662

(1) Inter-segment billings for services rendered to other segments are recorded as revenues, as contra-expense or as other income, depending on the type of service that is rendered.

(2)Depreciation and amortization expense are as follows:

	Servicing		Lending		Corporate Items and Other		Business Segments Consolidated
For the year ended December 31, 2016:
Depreciation expense	$	6,804	$	228	$	18,306	$	25,338
Amortization of mortgage servicing rights	32,669		309		—		32,978
Amortization of debt discount	727		—		3,450		4,177
Amortization of debt issuance costs	13,455		—		12,207		25,662
For the year ended December 31, 2015:
Depreciation expense	$	2,990	$	380	$	15,789	$	19,159
Amortization of mortgage servicing rights	98,849		345		—		99,194
Amortization of debt discount	2,680		—		—		2,680
Amortization of debt issuance costs	21,269		—		1,395		22,664
For the year ended December 31, 2014:
Depreciation expense	$	9,955	$	332	$	11,623	$	21,910
Amortization of mortgage servicing rights	249,471		705		199		250,375
Amortization of debt discount	1,318		—		—		1,318
Amortization of debt issuance costs	4,294		—		845		5,139

Depreciation and Amortization [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information

Depreciation and amortization expense are as follows:

	Servicing		Lending		Corporate Items and Other		Business Segments Consolidated
For the year ended December 31, 2016:
Depreciation expense	$	6,804	$	228	$	18,306	$	25,338
Amortization of mortgage servicing rights	32,669		309		—		32,978
Amortization of debt discount	727		—		3,450		4,177
Amortization of debt issuance costs	13,455		—		12,207		25,662
For the year ended December 31, 2015:
Depreciation expense	$	2,990	$	380	$	15,789	$	19,159
Amortization of mortgage servicing rights	98,849		345		—		99,194
Amortization of debt discount	2,680		—		—		2,680
Amortization of debt issuance costs	21,269		—		1,395		22,664
For the year ended December 31, 2014:
Depreciation expense	$	9,955	$	332	$	11,623	$	21,910
Amortization of mortgage servicing rights	249,471		705		199		250,375
Amortization of debt discount	1,318		—		—		1,318
Amortization of debt issuance costs	4,294		—		845		5,139