Payables and Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Payables and Accruals [Abstract]

Schedule of payables and accrued liabilities

Payables and other liabilities consist of the following:

Payables and other liabilities	June 30, 2020		December 31, 2019
Loans subject to repurchase right from Ginnie Mae	$	1,171	$	560
Payables to servicing and subservicing investors	345		423
Payable to GSEs and securitized trusts	129		182
Operating lease liabilities	121		135
Derivative financial instruments	50		15
Other liabilities	644		701
Total payables and other liabilities	$	2,460	$	2,016

Schedule of loans subject to repurchase reserve

The following table sets forth the activities of the repurchase reserves:

	Three Months Ended June 30,				Six Months Ended June 30,
Repurchase Reserves	2020		2019		2020		2019
Balance - beginning of period	$	29	$	16	$	25	$	8
Provisions	4		8		9		16
Releases	(4)		(1)		(5)		(1)
Balance - end of period	$	29	$	23	$	29	$	23