Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2020	Sep. 30, 2019
Operating Activities
Net income (loss)		$ 116	$ (191)
Adjustments to reconcile net income (loss) to net cash attributable to operating activities:
Deferred tax benefit		(1)	(53)
Net gain on mortgage loans held for sale		(1,594)	(788)
Interest income on reverse mortgage loans		(158)	(241)
Provision for servicing and non-servicing reserves		18	53
Fair value changes and amortization/accretion of mortgage servicing rights/liabilities		1,258	998
Fair value changes in excess spread financing		(132)	(190)
Fair value changes in mortgage servicing rights financing liability		10	15
Fair value changes in mortgage loans held for investment		0	(3)
Amortization of premiums, net of discount accretion		45	(38)
Depreciation and amortization for property and equipment and intangible assets		56	67
Share-based compensation		16	14
Loss on redemption of unsecured senior notes		52	0
Other loss		17	5
Repurchases of forward loan assets out of Ginnie Mae securitizations		(3,173)	(1,823)
Mortgage loans originated and purchased for sale, net of fees		(38,709)	(27,673)
Sales proceeds and loan payment proceeds for mortgage loans held for sale and held for investment		43,040	27,916
Changes in assets and liabilities:
Advances and other receivables		228	264
Reverse mortgage interests		1,031	1,700
Other assets		(4,797)	9
Payables and other liabilities		4,555	(69)
Net cash attributable to operating activities		1,878	(28)
Investing Activities
Acquisitions, net of cash acquired		0	(85)
Property and equipment additions, net of disposals		(43)	(38)
Purchase of forward mortgage servicing rights, net of liabilities incurred		(39)	(454)
Proceeds on sale of forward and reverse mortgage servicing rights		44	298
Net cash attributable to investing activities		(38)	(279)
Financing Activities
(Decrease) increase in advance and warehouse facilities		(135)	1,835
Repayment of notes payable		0	(294)
Proceeds from HECM securitizations		516	398
Proceeds from sale of HECM securitizations		0	20
Repayment of HECM securitizations		(508)	(568)
Proceeds from issuance of participating interest financing in reverse mortgage interests		139	220
Repayment of participating interest financing in reverse mortgage interests		(845)	(1,472)
Proceeds from the issuance of excess spread financing		24	469
Settlements and repayments of excess spread financing		(159)	(182)
Issuance of unsecured senior debt		1,450	0
Repayment of nonrecourse debt – legacy assets		0	(29)
Redemption and repayment of unsecured senior notes		(1,686)	0
Repayment of finance lease liability		(1)	(3)
Surrender of shares relating to stock vesting		(5)	(1)
Repurchase of common stock		(24)	0
Debt financing costs		(43)	(5)
Net cash attributable to financing activities		(1,277)	388
Net increase in cash, cash equivalents, and restricted cash		563	81
Cash, cash equivalents, and restricted cash - beginning of period		612	561
Cash, cash equivalents, and restricted cash - end of period	[1]	1,175	642
Supplemental Disclosures of Cash Activities
Cash paid for interest expense		180	166
Net cash paid (refunded) for income taxes		40	(4)
Total cash, cash equivalents, and restricted cash	[1]	$ 1,175	$ 642

[1] The following table provides a reconciliation of cash, cash equivalents and restricted cash to amount reported within the consolidated balance sheets.