Discontinued Operations and Disposal Groups (Tables)

9 Months Ended

Sep. 30, 2021

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table sets forth the assets and liabilities included in discontinued operations:

	September 30, 2021		December 31, 2020
Carrying amounts of assets of discontinued operations
Restricted cash	$	65	$	83
Reverse mortgage interests, net	3,705		5,253
Other	5		11
Loss recognized on classification as discontinued operations	(53)		—
Total assets of discontinued operations	$	3,722	$	5,347
Carrying amounts of liabilities of discontinued operations
Advances and warehouse facilities, net	$	98	$	505
Payables and other liabilities	208		233
Mortgage servicing liabilities	41		41
Other nonrecourse debt, net	3,393		4,424
Total liabilities of discontinued operations	$	3,740	$	5,203

The following table sets forth the condensed consolidated statements of operations data for discontinued operations:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Revenue - service related, net	$	4	$	9	$	13	$	35
Salaries, wages and benefits expense	(7)		(10)		(23)		(32)
General and administrative expense	(14)		33		50		15
Interest income	31		40		118		136
Interest expense	(26)		(37)		(90)		(140)
Loss on classification as discontinued operations	(3)		—		(64)		—
(Loss) income from discontinued operations before income tax (benefit) expense	(15)		35		4		14
Less: Income tax (benefit) expense	(4)		8		1		3
Net (loss) income from discontinued operations	$	(11)	$	27	$	3	$	11