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Fair Value Measurements - Fair Value by Balance Sheet Line Item (Details) - USD ($) | Mar. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Financial assets |  |
Restricted cash | $ 339,000,000 | $ 319,000,000
Reverse mortgage interests, net | 7,489,000,000 | 7,934,000,000
Mortgage loans held for sale | 2,170,000,000 | 1,631,000,000
Mortgage loans held for investment, net | 118,000,000 | 119,000,000
Financial liabilities |  |
Unsecured senior notes | 2,461,000,000 | 2,459,000,000
Advance facilities | 578,000,000 | 595,000,000
Warehouse facilities | 3,050,000,000 | 2,349,000,000
Mortgage servicing rights financing liability | 34,000,000 | 32,000,000
Excess spread financing | 1,309,000,000 | 1,184,000,000
Other nonrecourse debt | 6,388,000,000 | 6,795,000,000
Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 5,319,000,000 | 5,607,000,000
Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 207,000,000 | 231,000,000
Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 252,000,000 | 284,000,000
Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 213,000,000 | 250,000,000
Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt | 312,000,000 | 326,000,000
Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 26,000,000 | 29,000,000
Recurring Fair Value Measurements |  |
Financial assets |  |
Cash and cash equivalents | 181,000,000 | 242,000,000
Restricted cash | 339,000,000 | 319,000,000
Advances and other receivables, net | 1,147,000,000 | 1,194,000,000
Reverse mortgage interests, net | 7,489,000,000 | 7,934,000,000
Mortgage loans held for sale | 2,170,200,000 | 1,630,800,000
Mortgage loans held for investment, net | 117,800,000 | 119,100,000
Derivative financial instruments | 72,000,000 | 49,000,000
Financial liabilities |  |
Unsecured senior notes | 2,461,000,000 | 2,459,000,000
Advance facilities | 578,000,000 | 595,000,000
Warehouse facilities | 3,050,000,000 | 2,349,000,000
Mortgage servicing rights financing liability | 33,700,000 | 31,700,000
Excess spread financing | 1,309,000,000 | 1,184,000,000
Derivative financial instruments at fair value | 22,000,000 | 20,000,000
Recurring Fair Value Measurements | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 5,378,000,000 | 5,675,000,000
Recurring Fair Value Measurements | Trust 2017-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 207,000,000 |
Recurring Fair Value Measurements | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 252,000,000 | 231,000,000
Recurring Fair Value Measurements | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 213,000,000 | 284,000,000
Recurring Fair Value Measurements | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 312,000,000 | 250,000,000
Recurring Fair Value Measurements | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 326,000,000
Recurring Fair Value Measurements | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 26,000,000 | 29,000,000
Recurring Fair Value Measurements | Level 1 |  |
Financial assets |  |
Cash and cash equivalents | 181,000,000 | 242,000,000
Restricted cash | 339,000,000 | 319,000,000
Advances and other receivables, net | 0 | 0
Reverse mortgage interests, net | 0 | 0
Mortgage loans held for sale | 0 | 0
Mortgage loans held for investment, net | 0 | 0
Derivative financial instruments | 0 | 0
Financial liabilities |  |
Unsecured senior notes | 2,516,000,000 | 2,451,000,000
Advance facilities | 0 | 0
Warehouse facilities | 0 | 0
Mortgage servicing rights financing liability | 0 | 0
Excess spread financing | 0 | 0
Derivative financial instruments at fair value | 0 | 0
Recurring Fair Value Measurements | Level 1 | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 1 | Trust 2017-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 |
Recurring Fair Value Measurements | Level 1 | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 1 | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 1 | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 1 | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 0
Recurring Fair Value Measurements | Level 1 | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 2 |  |
Financial assets |  |
Cash and cash equivalents | 0 | 0
Restricted cash | 0 | 0
Advances and other receivables, net | 0 | 0
Reverse mortgage interests, net | 0 | 0
Mortgage loans held for sale | 2,170,200,000 | 1,630,800,000
Mortgage loans held for investment, net | 0 | 0
Derivative financial instruments | 72,000,000 | 49,000,000
Financial liabilities |  |
Unsecured senior notes | 0 | 0
Advance facilities | 578,000,000 | 595,000,000
Warehouse facilities | 3,050,000,000 | 2,349,000,000
Mortgage servicing rights financing liability | 0 | 0
Excess spread financing | 0 | 0
Derivative financial instruments at fair value | 22,000,000 | 20,000,000
Recurring Fair Value Measurements | Level 2 | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 2 | Trust 2017-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 |
Recurring Fair Value Measurements | Level 2 | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 2 | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 2 | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 2 | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 0
Recurring Fair Value Measurements | Level 2 | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | 0 | 0
Recurring Fair Value Measurements | Level 3 |  |
Financial assets |  |
Cash and cash equivalents | 0 | 0
Restricted cash | 0 | 0
Advances and other receivables, net | 1,147,000,000 | 1,194,000,000
Reverse mortgage interests, net | 7,501,000,000 | 7,942,000,000
Mortgage loans held for sale | 0 | 0
Mortgage loans held for investment, net | 117,800,000 | 119,100,000
Derivative financial instruments | 0 | 0
Financial liabilities |  |
Unsecured senior notes | 0 | 0
Advance facilities | 0 | 0
Warehouse facilities | 0 | 0
Mortgage servicing rights financing liability | 33,700,000 | 31,700,000
Excess spread financing | 1,309,000,000 | 1,184,000,000
Derivative financial instruments at fair value | 0 | 0
Recurring Fair Value Measurements | Level 3 | Participating Interest Financing |  |
Financial liabilities |  |
Other nonrecourse debt | 5,364,000,000 | 5,672,000,000
Recurring Fair Value Measurements | Level 3 | Trust 2017-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 206,000,000 |
Recurring Fair Value Measurements | Level 3 | Trust 2017-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 252,000,000 | 230,000,000
Recurring Fair Value Measurements | Level 3 | Trust 2018-1 |  |
Financial liabilities |  |
Other nonrecourse debt | 212,000,000 | 284,000,000
Recurring Fair Value Measurements | Level 3 | Trust 2018-2 |  |
Financial liabilities |  |
Other nonrecourse debt | 312,000,000 | 249,000,000
Recurring Fair Value Measurements | Level 3 | Trust 2018-3 |  |
Financial liabilities |  |
Other nonrecourse debt |  | 326,000,000
Recurring Fair Value Measurements | Level 3 | Legacy Asset |  |
Financial liabilities |  |
Other nonrecourse debt | $ 25,000,000 | $ 28,000,000

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