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Advances and Other Receivables (Tables)
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Schedule of accounts receivable
Advances and other receivables, net, consists of the following:
Advances and Other Receivables, NetSeptember 30, 2024December 31, 2023
Servicing advances, net of $7 and $13 purchase discount
$1,012 $1,065 
Receivables from agencies, investors and prior servicers, net of zero and $6 purchase discount
43 101 
Reserves(115)(170)
Total advances and other receivables, net$940 $996 
The following table sets forth the activities of the servicing reserves for advances and other receivables:
Three Months Ended September 30,Nine Months Ended September 30,
Reserves for Advances and Other Receivables2024202320242023
Balance - beginning of period$149 $156 $170 $137 
Provision(1)
8 8 19 26 
Reclassifications(2)
6 11 23 27 
Write-offs(3)
(48)(11)(97)(26)
Balance - end of period$115 $164 $115 $164 

(1)The Company recorded a provision of $5 and $8 through the MTM adjustments in “revenues - service related, net” in the condensed consolidated statements of operations during the three months ended September 30, 2024 and 2023, respectively and a provision of $17 and $26 during the nine months ended September 30, 2024 and 2023, respectively.
(2)Reclassifications represent required reserves provisioned within other balance sheet accounts as associated serviced loans become inactive or liquidate.
(3)Write-offs represent balances removed from the servicing platform during the respective periods, including fully reserved balances related to third-party settlements where further loss recovery of prior servicer errors is limited.
The following tables set forth the activities of the purchase discounts for advances and other receivables:
Three Months Ended September 30,
20242023
Purchase Discount for Advances and Other ReceivablesServicing AdvancesReceivables from Agencies, Investors and Prior ServicersServicing AdvancesReceivables from Agencies, Investors and Prior Servicers
Balance - beginning of period$12 $— $9 $7 
Additions— — 4 — 
Utilization of purchase discounts(5)— (1)— 
Balance - end of period$7 $— $12 $7 

Nine Months Ended September 30,
20242023
Purchase Discount for Advances and Other ReceivablesServicing AdvancesReceivables from Agencies, Investors and Prior ServicersServicing AdvancesReceivables from Agencies, Investors and Prior Servicers
Balance - beginning of period$13 $6 $12 $7 
Additions— — 4 — 
Utilization of purchase discounts(6)(6)(4)— 
Balance - end of period$7 $— $12 $7