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Securitizations and Financings (Tables)
 12 Months Ended
Dec. 31, 2019
Variable Interest Entities and Securitizations [Abstract]  
Schedule of Assets and Liabilities of VIEs Included in Financial Statements
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
 
December 31, 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
$
66

 
$
42

 
$
70

 
$
63

Reverse mortgage interests, net(1)
—

 
5,230

 
—

 
6,728

Advances and other receivables, net
540

 
—

 
628

 
—

Mortgage loans held for investment, net(2)
—

 
—

 
118

 
—

Other assets
—

 
—

 
—

 
—

Total assets
$
606

 
$
5,272

 
$
816

 
$
6,791

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Advance facilities(3)
$
359

 
$
—

 
$
505

 
$
—

Payables and other liabilities
1

 
1

 
1

 
1

Participating interest financing
—

 
4,284

 
—

 
5,607

HECM Securitizations (HMBS)
 
 
 
 
 
 
 
Trust 2019-2
—

 
333

 
—

 
—

Trust 2019-1
—

 
302

 
—

 
—

Trust 2018-3
—

 
209

 
—

 
326

Trust 2018-2
—

 
148

 
—

 
250

Trust 2018-1
—

 
—

 
—

 
284

Trust 2017-2
—

 
—

 
—

 
231

Nonrecourse debt–legacy assets(2)
—

 
—

 
29

 
—

Total liabilities
$
360

 
$
5,277

 
$
535

 
$
6,699



(1) 
Amounts include net purchase discount of $46 and $42 as of December 31, 2019 and December 31, 2018, respectively.
(2) 
Trust 2009-A was collapsed in September 2019. Refer to Mortgage Loans Held for Investment in Note 7, Mortgage Loans Held for Sale and Investment, for additional information.
(3) 
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 12, Indebtedness, for additional information.

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
 
December 31, 2019
 
December 31, 2018
Total collateral balances - UPB
$
1,503

 
$
1,873

Total certificate balances
$
1,512

 
$
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
December 31, 2019
 
December 31, 2018
Unconsolidated securitization trusts
$
193

 
$
285