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Securitizations and Financings (Tables)
 3 Months Ended
Mar. 31, 2021
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 condensed consolidated balance sheets is presented below:
March 31, 2021December 31, 2020
Consolidated Transactions with VIEsTransfers
Accounted for as
Secured
Borrowings		Reverse Secured BorrowingsTransfers
Accounted for as
Secured
Borrowings		Reverse Secured Borrowings
Assets
Restricted cash$80 $27 $47 $23 
Advances and other receivables, net415 — 441 — 
Reverse mortgage interests, net(1)
— 4,159 — 4,356 
Total assets$495 $4,186 $488 $4,379 
Liabilities
Advance facilities(2)
$337 $— $358 $— 
Payables and other liabilities— — 1 — 
Participating interest financing— 3,306 — 3,473 
HECM Securitizations (HMBS)
Trust 2020-1— 471 — 490 
Trust 2019-2— 232 — 241 
Trust 2019-1— 203 — 212 
Total liabilities$337 $4,212 $359 $4,416 

(1)Amounts include net purchase discount of $53 and $61 as of March 31, 2021 and December 31, 2020, respectively.
(2)Refer to advance facilities in Note 9, 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:
Unconsolidated Securitization TrustsMarch 31, 2021December 31, 2020
Total collateral balances - UPB$1,283 $1,326 
Total certificate balances$1,281 $1,329 
A summary of mortgage loans transferred by the Company to unconsolidated securitization trusts that are 60 days or more past due are presented below:
Principal Amount of Transferred Loans 60 Days or More Past DueMarch 31, 2021December 31, 2020
Unconsolidated securitization trusts$147 $154