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Securitizations and Financings (Tables)
 12 Months Ended
Dec. 31, 2018
Variable Interest Entities and Securitizations [Abstract]  
Schedule of Assets and Liabilities of VIEs Included in Financial Statements
The following table shows a summary of the outstanding collateral and certificate balances for securitization trusts for which the Company was the transferor, including any retained beneficial interests and MSRs, that were not consolidated by the Company.
 
Successor
 
 
Predecessor
 
December 31, 2018
 
 
December 31, 2017
Total collateral balances
$
1,873

 
 
$
2,291

Total certificate balances
$
1,817

 
 
$
2,129

A summary of mortgage loans transferred by the Company and the Predecessor to unconsolidated securitization trusts that are 60 days or more past due are presented below.
 
Successor
 
 
Predecessor
Principal Amount of Loans 60 Days or More Past Due
December 31, 2018
 
 
December 31, 2017
Unconsolidated securitization trusts
$
285

 
 
$
448

A summary of the assets and liabilities of the Company’s transactions with VIEs included in the Company’s consolidated financial statements is presented below.
 
Successor
 
 
Predecessor
 
December 31, 2018
 
 
December 31, 2017
 
Transfers
Accounted for as
Secured
Borrowings
 
Reverse Secured Borrowings
 
 
Transfers
Accounted for as
Secured
Borrowings
 
Reverse Secured Borrowings
Assets
 
 
 
 
 
 
 
 
Restricted cash
$
70

 
$
63

 
 
$
106

 
$
26

Reverse mortgage interests, net
—

 
6,770

 
 
—

 
7,981

Advances and other receivables, net
628

 
—

 
 
896

 
—

Mortgage loans held for investment
118

 
—

 
 
138

 
—

Other assets
—

 
—

 
 
2

 
—

Total assets
$
816

 
$
6,833

 
 
$
1,142

 
$
8,007

 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
Advance facilities(1)
$
505

 
$
—

 
 
$
749

 
$
—

Payables and accrued liabilities
1

 
1

 
 
2

 
1

Participating interest financing(2)
—

 
5,607

 
 
—

 
7,111

HECM Securitizations (HMBS)
 
 
 
 
 
 
 
 
Trust 2016-2
—

 
—

 
 
—

 
94

Trust 2016-3
—

 
—

 
 
—

 
138

Trust 2017-1
—

 
—

 
 
—

 
213

Trust 2017-2
—

 
231

 
 
—

 
365

Trust 2018-1
—

 
284

 
 
—

 
—

Trust 2018-2
—

 
250

 
 
—

 
—

Trust 2018-3
—

 
326

 
 
—

 
—

Nonrecourse debt–legacy assets
29

 
—

 
 
42

 
—

Total liabilities
$
535

 
$
6,699

 
 
$
793

 
$
7,922



(1) 
Advance facilities include the Nationstar agency advance financing facility and notes payable recorded by the Nationstar Mortgage Advance Receivable Trust, and the Nationstar Agency Advance Receivables Trust. Refer to Notes Payable in Note 11, Indebtedness for additional information.
(2) 
Participating interest financing excludes premiums.