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Other Assets (Tables) | 12 Months Ended
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Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Other Assets | Other assets consist of the following:
| Successor
| December 31, 2019 |  | December 31, 2018
Loans subject to repurchase right from Ginnie Mae | $ | 560 |  |  | $ | 266 |
Derivative financial instruments | 153 |  |  | 49 |
Trade receivables and accrued revenues | 126 |  |  | 145 |
Right-of-use assets | 121 |  |  | — |
Goodwill | 120 |  |  | 23 |
Intangible assets | 74 |  |  | 117 |
Other | 236 |  |  | 195 |
Total other assets | $ | 1,390 |  |  | $ | 795 |
Schedule of Goodwill | The table below presents changes in the carrying amount of goodwill for the year ended December 31, 2019:
| Successor |  |  | Predecessor
| Year Ended December 31, 2019 |  | Five Months Ended December 31, 2018 |  |  | Seven Months Ended July 31, 2018
Balance - beginning of period | $ | 23 |  |  | $ | 10 |  |  |  | $ | 72 |
Addition from acquisitions(1) | 42 |  |  | 13 |  |  |  | — |
Measurement period adjustment related to Merger(2) | 55 |  |  | — |  |  |  | — |
Balance - end of period | $ | 120 |  |  | $ | 23 |  |  |  | $ | 72 |
(1) | As discussed in Note 3, Acquisitions, the Company recorded goodwill of $40 in connection with the acquisition of Pacific Union. In addition, on February 28, 2019, the Company completed the acquisition of the Seterus mortgage servicing platform and assumed certain assets related thereto from IBM (“Seterus acquisition”). In connection with the Seterus acquisition, the Company recorded $2 in goodwill.
(2) | The Company recorded a total measurement period adjustment of $55 to goodwill in 2019 related to the acquisition of Nationstar. See further discussion in Note 3, Acquisitions.
Schedule of Intangible Assets and Goodwill | The following tables present the composition of intangible assets:
| Successor
| December 31, 2019
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life in Years
Customer relationships | $ | 90 |  |  | $ | (45 | ) |  | $ | 45 |  |  | 5.9
Technology | 46 |  |  | (23 | ) |  | 23 |  |  | 2.9
Trade name | 8 |  |  | (2 | ) |  | 6 |  |  | 3.6
Other | 1 |  |  | (1 | ) |  | — |  |  | 2.8
Total intangible assets | $ | 145 |  |  | $ | (71 | ) |  | $ | 74 |  |  | 4.7
| Successor
| December 31, 2018
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life in Years
Customer relationships | $ | 77 |  |  | $ | (14 | ) |  | $ | 63 |  |  | 5.6
Technology | 52 |  |  | (8 | ) |  | 44 |  |  | 3.6
Trade name | 8 |  |  | (1 | ) |  | 7 |  |  | 4.6
Other(1) | 3 |  |  | — |  |  | 3 |  |  | 4.8
Total intangible assets | $ | 140 |  |  | $ | (23 | ) |  | $ | 117 |  |  | 4.7
(1) | Accumulated amortization amount is less than $1 for the specified dates.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The following table presents the estimated aggregate amortization expense for existing amortizable intangible assets for the years indicated:
Year Ending December 31, |  | Amount
2020 |  | $ | 32 |
2021 |  | 17 |
2022 |  | 13 |
2023 |  | 8 |
2024 |  | 1 |
Thereafter |  | 3 |
Total future amortization expense |  | $ | 74 |

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