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Advances and Other Receivables (Tables) | 9 Months Ended
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Sep. 30, 2021
Receivables [Abstract] |
Schedule of accounts receivable | Advances and other receivables, net, consists of the following:
Advances and Other Receivables, Net | September 30, 2021 |  | December 31, 2020
Servicing advances, net of $30 and $72 purchase discount, respectively | $ | 893 |  |  | $ | 975 |
Receivables from agencies, investors and prior servicers, net of $13 and $21 purchase discount, respectively | 188 |  |  | 173 |
Reserves | (172) |  |  | (208) |
Total advances and other receivables, net | $ | 909 |  |  | $ | 940 |
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 Receivables | 2021 |  | 2020 |  | 2021 |  | 2020
Balance - beginning of period | $ | 191 |  |  | $ | 216 |  |  | $ | 208 |  |  | $ | 168 |
Provision and other additions(1) | 18 |  |  | 13 |  |  | 59 |  |  | 72 |
Write-offs | (37) |  |  | (38) |  |  | (95) |  |  | (49) |
Balance - end of period | $ | 172 |  |  | $ | 191 |  |  | $ | 172 |  |  | $ | 191 |
(1)The Company recorded a provis ion of $8 and $7 through the MTM adjustments in revenues - service related, net, in the condensed consolidated statements of operations during the three months ended September 30, 2021 and 2020, and $28 and $20 during the nine months ended September 30, 2021 and 2020, respectively, for inactive and liquidated l oans 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 tables set forth the activities of the purchase discounts for advances and other receivables:
| Three Months Ended September 30,
| 2021 |  | 2020
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 period | $ | 31 |  |  | $ | 20 |  |  | $ | 117 |  |  | $ | 21 |
Utilization of purchase discounts | (1) |  |  | (7) |  |  | (25) |  |  | — |
Balance - end of period | $ | 30 |  |  | $ | 13 |  |  | $ | 92 |  |  | $ | 21 |
| Nine Months Ended September 30,
| 2021 |  | 2020
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 period | $ | 72 |  |  | $ | 21 |  |  | $ | 131 |  |  | $ | 21 |
Utilization of purchase discounts | (42) |  |  | (8) |  |  | (39) |  |  | — |
Balance - end of period | $ | 30 |  |  | $ | 13 |  |  | $ | 92 |  |  | $ | 21 |

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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