TWO Quarterly report pursuant to Section 13 or 15(d)

Revolving Credit Facilities	9 Months Ended
Revolving Credit Facilities	Sep. 30, 2017
Revolving Credit Facilities [Abstract]
Revolving Credit Facilities	Revolving Credit Facilities To finance MSR, the Company enters into revolving credit facilities collateralized by the value of the MSR pledged. As of September 30, 2017 and December 31, 2016, the Company had outstanding short-term borrowings under revolving credit facilities of $40.0 million and $70.0 million with a weighted average borrowing rate of 4.98% and 4.53% and weighted average remaining maturities of 208 and 306 days, respectively. Although the transactions under revolving credit facilities represent committed borrowings from the time of funding until maturity, the respective lender retains the right to mark the underlying collateral to fair value. A reduction in the value of pledged assets below a designated threshold would require the Company to provide additional collateral or pay down the facility. As of September 30, 2017 and December 31, 2016, MSR with a carrying value of $160.6 million and $180.9 million, respectively, was pledged as collateral for the Company’s future payment obligations under its revolving credit facilities. The Company does not anticipate any defaults by its revolving credit facility counterparties, although there can be no assurance that any such default or defaults will not occur.