Advances and Other Receivables, Net (Tables)

6 Months Ended

Jun. 30, 2019

The following table sets forth the activities of the reserves for advances and other receivables.



	Successor						Predecessor
Reserves for Advances and Other Receivables	Three Months Ended June 30, 2019			Six Months Ended June 30, 2019			Three Months Ended June 30, 2018			Six Months Ended June 30, 2018
Balance - beginning of period	$	71		47			$	277		$	284
Provision and other additions⁽¹⁾	37			67			38			60
Write-offs	(10		)	(16		)	(21		)	(50		)
Balance - end of period	$	98		$	98		$	294		$	294

⁽¹⁾

The Company and the Predecessor recorded a provision of $17 and $22 through the MTM adjustments in service related revenues for the three months ended June 30, 2019 and 2018, respectively, and $28 and $34 for the six months ended June 30, 2019 and 2018, respectively, for inactive and liquidated loans that are no longer part of the MSR portfolio. Other additions represent reclassifications of required reserves provisioned within other balance sheet accounts as associated serviced loans become inactive or liquidate.

Advances and other receivables, net consists of the following.



	Successor
	June 30, 2019			December 31, 2018
Servicing advances, net of $156 and $205 discount, respectively	$	878		$	1,000
Receivables from agencies, investors and prior servicers, net of $48 and $48 discount, respectively	220			241
Reserves	(98		)	(47		)
Total advances and other receivables, net	$	1,000		$	1,194

The following table sets forth the activities of the purchase discounts for advances and other receivables.



	Successor
	Three Months Ended June 30, 2019					Six Months Ended June 30, 2019
Purchase Discounts	Servicing Advances			Receivables from Agencies, Investors and Prior Servicers		Servicing Advances			Receivables from Agencies, Investors and Prior Servicers
Balance - beginning of period	$	169		$	48	$	205		$	48
Addition from acquisition	—			—		19			—
Utilization of purchase discounts	(13		)	—		(68		)	—
Balance - end of period	$	156		$	48	$	156		$	48