Receivables

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Receivables

Note 11 — Receivables

	December 31,
	2019			2018
Servicing-related receivables:
Government-insured loan claims	$	122,557		$	105,258
Due from custodial accounts	27,175			9,060
Due from NRZ:
Sales and transfers of MSRs	24,167			23,757
Advance funding, subservicing fees and reimbursable expenses	9,197			30,845
Reimbursable expenses	13,052			11,508
Other	4,970			7,754
	201,118			188,182
Income taxes receivable	37,888			45,987
Other receivables	20,086			17,672
	259,092			251,841
Allowance for losses	(57,872		)	(53,579		)
	$	201,220		$	198,262

At December 31, 2019 and 2018, the allowance for losses related to receivables of our Servicing business. Allowance for losses related to defaulted FHA- or VA-insured loans repurchased from Ginnie Mae guaranteed securitizations and not subsequently sold to third-party investors (government-insured loan claims) was $56.9 million and $52.5 million at December 2019 and 2018, respectively. This allowance represents management’s estimate of incurred losses and is maintained at a level that management considers adequate based upon continuing assessments of collectibility, current trends, and historical loss experience.

Allowance for Losses - Government-Insured Loan Claims	Years Ended December 31,
	2019			2018			2017
Beginning balance	$	52,497		$	53,340		$	53,258
Provision	29,034			37,352			40,424
Charge-offs and other, net	(24,663		)	(38,195		)	(40,342		)
Ending balance	$	56,868		$	52,497		$	53,340