Advances and Other Receivables, Net (Tables)

12 Months Ended

Dec. 31, 2022

Receivables [Abstract]

Schedule of Advances, Net

Advances and other receivables, net consists of the following:

Advances and Other Receivables, Net	December 31, 2022		December 31, 2021
Servicing advances, net of $12 and $19 purchase discount, respectively	$	1,053	$	1,263
Receivables from agencies, investors and prior servicers, net of $7 and $12 purchase discount, respectively	103		132
Reserves	(137)		(167)
Total advances and other receivables, net	$	1,019	$	1,228

The following table sets forth the activities of the servicing reserves for advances and other receivables:

	Year Ended December 31,
Reserves for Advances and Other Receivables	2022		2021
Balance - beginning of year	$	167	$	208
Provision and other additions(1)	66		75
Write-offs	(96)		(116)
Balance - end of year	$	137	$	167

(1)The Company recorded a provision of $30 and $35 through the MTM adjustments in “revenues - service related, net”, in the consolidated statements of operations during the years ended December 31, 2022 and 2021, respectively, for inactive and liquidated loans that are no longer part of the MSR portfolio. Other additions represent reclassifications of required reserves provisioned within other balance sheet accounts as associated serviced loans become inactive or liquidate.

The following table sets forth the activities of the purchase discount for advances and other receivables:

	Year Ended December 31, 2022				Year Ended December 31, 2021
Purchase Discount for Advances and Other Receivables	Servicing Advances		Receivables from Agencies, Investors and Prior Servicers		Servicing Advances		Receivables from Agencies, Investors and Prior Servicers
Balance - beginning of year	$	19	$	12	$	72	$	21
Utilization of purchase discounts	(7)		(5)		(53)		(9)
Balance - end of year	$	12	$	7	$	19	$	12