Annual report pursuant to Section 13 and 15(d)

Accounts and Interest Receivable (Tables)

v3.21.1
Accounts and Interest Receivable (Tables)
12 Months Ended
Dec. 31, 2020
Accounts And Interest Receivable [Abstract]  
Schedule of Accounts and Interest Receivable

Accounts and interest receivable consisted of the following at December 31, 2020 and 2019:

 

 

 

2020

 

 

2019

 

Trust advances

 

$

36,241

 

 

$

17,622

 

Foreclosure advances, net

 

 

2,894

 

 

 

7,348

 

Receivables related to loan sales

 

 

2,707

 

 

 

5,771

 

Other

 

 

1,548

 

 

 

3,870

 

Total accounts and interest receivable

 

$

43,390

 

 

$

34,611

 

Schedule of Activity of the Foreclosure Loss Reserve

The activity of the foreclosure loss reserve was as follows for the years ended December 31, 2020 and 2019:

 

 

 

2020

 

 

2019

 

Balance — beginning of year

 

$

7,869

 

 

$

7,884

 

Utilization of foreclosure reserve

 

 

(3,167

)

 

 

(3,910

)

Provision charged to operations

 

 

7,700

 

 

 

3,895

 

Balance — end of year

 

$

12,402

 

 

$

7,869