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Securitizations and Financings (Tables)
12 Months Ended
Dec. 31, 2024
Variable Interest Entities and Securitizations [Abstract]  
Schedule of Assets and Liabilities of VIEs Included in Financial Statements Company’s consolidated financial statements is presented below:
December 31, 2024December 31, 2023
 Consolidated Transactions with VIEsTransfers
Accounted for as
Secured
Borrowings
Transfers
Accounted for as
Secured
Borrowings
Assets
Restricted cash$188 $111 
Advances and other receivables, net1,020 495 
Total assets$1,208 $606 
Liabilities
Advance facilities, net(1)
$824 $382 
MSR facilities, net(1)
469 — 
Payables and other liabilities3 
Total liabilities$1,296 $383 

(1)Refer to advance and MSR facilities in Note 12, 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 TrustsDecember 31, 2024December 31, 2023
Total collateral balances - UPB$798 $881 
Total certificate balances$773 $849 
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 DueDecember 31, 2024December 31, 2023
Unconsolidated securitization trusts$81 $91