Securitizations and Financings (Tables)

6 Months Ended

Jun. 30, 2019

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
	June 30, 2019		December 31, 2018
Total collateral balances	$	1,752	$	1,873
Total certificate balances	$	1,697	$	1,817

A summary of mortgage loans transferred by the Company to unconsolidated securitization trusts that are 60 days or more past due are presented below.

	Successor
Principal Amount of Loans 60 Days or More Past Due	June 30, 2019		December 31, 2018
Unconsolidated securitization trusts	$	242	$	285

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
	June 30, 2019				December 31, 2018
	Transfers Accounted for as Secured Borrowings		Reverse Secured Borrowings		Transfers Accounted for as Secured Borrowings		Reverse Secured Borrowings
Assets
Restricted cash	$	59	$	40	$	70	$	63
Reverse mortgage interests, net	—		5,975		—		6,728
Advances and other receivables, net	583		—		628		—
Mortgage loans held for investment, net	113		—		118		—
Other assets	—		9		—		—
Total assets	$	755	$	6,024	$	816	$	6,791
Liabilities
Advance facilities(1)	$	478	$	—	$	505	$	—
Payables and other liabilities	1		—		1		1
Participating interest financing	—		4,861		—		5,607
HECM Securitizations (HMBS)
Trust 2017-2	—		—		—		231
Trust 2018-1	—		224		—		284
Trust 2018-2	—		182		—		250
Trust 2018-3	—		272		—		326
Trust 2019-1	—		398		—		—
Nonrecourse debt–legacy assets	22		—		29		—
Total liabilities	$	501	$	5,937	$	535	$	6,699

⁽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 10, Indebtedness, for additional information.