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Advances
 12 Months Ended
Dec. 31, 2019
Advances [Abstract]  
Advances
Note 7 — Advances
 
December 31,
 
2019
 
2018
Principal and interest
$
80,229

 
$
43,671

Taxes and insurance
92,315

 
160,373

Foreclosures, bankruptcy, REO and other
91,914

 
68,597

 
264,458

 
272,641

Allowance for losses
(9,925
)
 
(23,259
)
 
$
254,533

 
$
249,382


The following table summarizes the activity in net advances:
 
Years Ended December 31,
 
2019
 
2018
 
2017
Beginning balance
$
249,382

 
$
211,793

 
$
257,882

Asset acquisition
1,457

 
—

 
—

Acquired in connection with the acquisition of PHH
—

 
96,163

 
—

Transfers to match funded advances
—

 
(71,623
)
 
—

Sales of advances
(11,791
)
 
(32,081
)
 
(444
)
Collections of advances, charge-offs and other, net
2,151

 
51,924

 
(67,132
)
Net decrease (increase) in allowance for losses (1)
13,334

 
(6,794
)
 
21,487

Ending balance
$
254,533

 
$
249,382

 
$
211,793


Allowance for Losses
Years Ended December 31,
2019
 
2018
 
2017
Beginning balance
$
23,259

 
$
16,465

 
$
37,952

Provision
3,220

 
5,732

 
21,429

Net charge-offs and other (1)
(16,554
)
 
1,062

 
(42,916
)
Ending balance
$
9,925

 
$
23,259

 
$
16,465


(1)
Net change for the year ended December 31, 2019 includes $18.0 million allowance related to sold advances presented in Other liabilities (Liability for indemnification obligations).