Advances - Schedule of Activity in Advances (Details) - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2025 |
Mar. 31, 2024 |
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Advances [Roll Forward] | ||
Beginning balance - before Allowance for Losses | $ 584,600 | $ 686,100 |
New advances | 200,000 | 199,400 |
Advances Payments On Behalf Of Borrower Transfers To Other Assets | 400 | 2,900 |
Transfer from (to) REO | 700 | 0 |
Sales of advances | (300) | (1,000) |
Advances, Transfer to Loans Held For Sale | (4,800) | (2,100) |
Collections of advances and other | (261,400) | (274,700) |
Ending balance - before Allowance for Losses | 521,500 | 610,500 |
Acquisition of advances in connection with the purchase of MSRs | 2,500 | 0 |
Beginning balance - Allowance for Losses | (7,400) | (7,300) |
Provision expense | (2,100) | (2,900) |
Net charge-offs and other | 2,000 | 2,500 |
Ending balance - Allowance for Losses | (7,500) | (7,700) |
Ending balance, net | $ 514,000 | $ 602,700 |
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- Definition Total advance payments made by financial institutions on behalf of borrowers in a servicing relationship. No definition available.
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- Definition Advances Payments On Behalf Of Borrower, Increase No definition available.
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- Definition Total advance payments made by financial institutions on behalf of borrowers in a servicing relationship. No definition available.
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- Definition Advances Payments On Behalf Of Borrower Transfers From (To) REO No definition available.
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- Definition Advances payments on behalf of borrower transfers to other assets. No definition available.
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- Definition Advances payments on behalf of borrower asset acquisitions. No definition available.
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- Definition Advances Payments on Behalf of Borrower, Sales No definition available.
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- Definition Advances payments on behalf of borrowers, collection of advances, charge-offs and other net. No definition available.
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- Definition Advances [Roll Forward] No definition available.
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- Definition Advances, Transfer to Loans Held For Sale No definition available.
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- Definition Financing Receivable, Allowance For Credit Loss, Writeoffs And Other No definition available.
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- Definition Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount of increase (decrease) in allowance for credit loss on financing receivable. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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