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Advances and Other Receivables (Tables) | 6 Months Ended
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Jun. 30, 2023
Receivables [Abstract] |
Schedule of accounts receivable | Advances and other receivables, net, consists of the following:
Advances and Other Receivables, Net | June 30, 2023 |  | December 31, 2022
Servicing advances, net of $9 and $12 purchase discount, respectively | $ | 849 |  |  | $ | 1,053 |
Receivables from agencies, investors and prior servicers, net of $7 purchase discount | 109 |  |  | 103 |
Reserves | (156) |  |  | (137) |
Total advances and other receivables, net | $ | 802 |  |  | $ | 1,019 |
The following table sets forth the activities of the servicing reserves for advances and other receivables:
| Three Months Ended June 30, |  | Six Months Ended June 30,
Reserves for Advances and Other Receivables | 2023 |  | 2022 |  | 2023 |  | 2022
Balance - beginning of period | $ | 148 |  |  | $ | 152 |  |  | $ | 137 |  |  | $ | 167 |
Provision | 9 |  |  | 6 |  |  | 18 |  |  | 12 |
Reclassifications(1) | 9 |  |  | 12 |  |  | 16 |  |  | 22 |
Write-offs | (10) |  |  | (20) |  |  | (15) |  |  | (51) |
Balance - end of period | $ | 156 |  |  | $ | 150 |  |  | $ | 156 |  |  | $ | 150 |
(1)Reclassifications represent 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 June 30,
| 2023 |  | 2022
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 | $ | 9 |  |  | $ | 7 |  |  | $ | 16 |  |  | $ | 8 |
Utilization of purchase discounts | — |  |  | — |  |  | (2) |  |  | — |
Balance - end of period | $ | 9 |  |  | $ | 7 |  |  | $ | 14 |  |  | $ | 8 |
| Six Months Ended June 30,
| 2023 |  | 2022
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 | $ | 12 |  |  | $ | 7 |  |  | $ | 19 |  |  | $ | 12 |
Utilization of purchase discounts | (3) |  |  | — |  |  | (5) |  |  | (4) |
Balance - end of period | $ | 9 |  |  | $ | 7 |  |  | $ | 14 |  |  | $ | 8 |

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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 -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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