Accounts Receivable, Net

9 Months Ended

Sep. 30, 2011

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

NOTE 4 — ACCOUNTS RECEIVABLE, NET

Accounts Receivable, net consists of the following:

	September 30,			December 31,
(in thousands)	2011			2010
Third-party Accounts Receivable	$	17,268		$	19,039
Unbilled Fees		30,564			32,055
Receivable from Ocwen		3,881			3,950
Receivable from Correspondent One		55			—
Other Receivables		548			583
		52,316			55,627
Allowance for Doubtful Accounts		(2,077	)		(2,132	)
Total	$	50,239		$	53,495

Unbilled Fees consist primarily of Asset Management and Default Management Services for which we recognize revenues over the service delivery period but bill following completion of the service.