Advances and Other Receivables, Net (Tables)

9 Months Ended

Sep. 30, 2019

Receivables [Abstract]

Schedule of Accounts Receivable

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

	Successor								Predecessor
Reserves for Advances and Other Receivables	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019			Two Months Ended September 30, 2018		One Month Ended July 31, 2018			Seven Months Ended July 31, 2018
Balance - beginning of period	$	98		$	47		$	—	$	294		$	284
Provision and other additions(1)	35			102			20		7			69
Write-offs	(3		)	(19		)	—		(4		)	(56		)
Balance - end of period	$	130		$	130		$	20	$	297		$	297

⁽¹⁾  The Company recorded a provision of $18, $46, and $13 through the MTM adjustments in service related revenues for the three and nine months ended September 30, 2019, and two months ended September 30, 2018, respectively. The Predecessor recorded a provision of $4 and $38 through the MTM adjustments in service related revenues for the one and seven months ended July 31, 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.

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

	Successor
Purchase Discounts - Servicing Advances	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019			Two Months Ended September 30, 2018
Balance - beginning of period	$	156		$	205		$	246
Addition from acquisition	—			19			—
Utilization of purchase discounts	(8		)	(76		)	(19		)
Balance - end of period	$	148		$	148		$	227

	Successor
Purchase Discounts - Receivables from Agencies, Investors and Prior Servicers	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019		Two Months Ended September 30, 2018
Balance - beginning of period	$	48	$	48	$	56
Addition from acquisition	—		—		—
Utilization of purchase discounts	—		—		—
Balance - end of period	$	48	$	48	$	56

Advances and other receivables, net consists of the following.

	Successor
	September 30, 2019			December 31, 2018
Servicing advances, net of $148 and $205 discount, respectively	$	865		$	1,000
Receivables from agencies, investors and prior servicers, net of $48 and $48 discount, respectively	232			241
Reserves	(130		)	(47		)
Total advances and other receivables, net	$	967		$	1,194