GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jun. 30, 2014

GOODWILL AND INTANGIBLE ASSETS, NET

Summary of goodwill by segment

	Mortgage		Financial		Technology
(in thousands)	Services(1)		Services		Services			Total
Balance, December 31, 2013	$	12,958	$	2,378	$	84,078		$	99,414
Impairment of Equator goodwill(2)	—		—		(37,473		)	(37,473		)
Balance, June 30, 2014	$	12,958	$	2,378	$	46,605		$	61,941

(1) December 31, 2013 goodwill has been revised to reflect a purchase accounting measurement period adjustment related to the  Homeward acquisition.  See Note 3.

(2) See Note 3 for a discussion of the Equator goodwill impairment.

Schedule of intangible assets, net

	Weighted average estimated	Gross carrying amount				Accumulated amortization						Net book value
(in thousands)	useful life (in years)	June 30, 2014		December 31, 2013		June 30, 2014			December 31, 2013			June 30, 2014		December 31, 2013
Definite lived intangible assets
Trademarks	14	$	12,249	$	12,249	$	(4,771	)	$	(4,534	)	$	7,478	$	7,715
Customer-related intangible assets	10	284,484		284,484		(62,634		)	(44,208		)	221,850		240,276
Operating agreement	20	35,000		35,000		(7,729		)	(6,854		)	27,271		28,146
Non-compete agreement	4	—		1,300		—			(1,275		)	—		25
Intellectual property	10	300		—		(10		)	—			290		—
Total		$	332,033	$	333,033	$	(75,144	)	$	(56,871	)	$	256,889	$	276,162