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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 11. Goodwill and Intangible Assets Goodwill The following table presents changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2023. There were no changes in goodwill in 2022:
| Year Ended December 31, 2023
| Servicing |  | Originations |  | Corporate/Other(2) |  | Total
Balance - beginning of year | $ | 80 |  |  | $ | 28 |  |  | $ | 12 |  |  | $ | 120 |
Addition from acquisitions(1) | 5 |  |  | — |  |  | 16 |  |  | 21 |
Balance - end of year | $ | 85 |  |  | $ | 28 |  |  | $ | 28 |  |  | $ | 141 |
(1)As discussed in Note 3, Acquisitions, the Company recorded goodwill in connection with the Roosevelt Transaction. (2)The goodwill associated with Xome and Roosevelt is included in Corporate/Other. During the years ended December 31, 2023 and 2022, the Company performed a quantitative assessment of its reporting units and determined that no impairment of goodwill existed. Goodwill is recorded in “other assets” within the consolidated balance sheets. Intangible Assets The following tables present the composition of intangible assets:
| December 31, 2023
Intangible Assets | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life in Years
Customer relationships | $ | 96 |  |  | $ | (73) |  |  | $ | 23 |  |  | 4.7
Trade name | 9 |  |  | (7) |  |  | 2 |  |  | 4.5
Other(1) | 3 |  |  | — |  |  | 3 |  |  | 2.8
Total intangible assets | $ | 108 |  |  | $ | (80) |  |  | $ | 28 |  |  | 4.5
(1)Other intangible assets primarily include licenses.
| December 31, 2022
Intangible Assets | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life in Years
Customer relationships | $ | 74 |  |  | $ | (67) |  |  | $ | 7 |  |  | 5.6
Technology | 25 |  |  | (25) |  |  | — |  |  | 0.0
Trade name | 7 |  |  | (6) |  |  | 1 |  |  | 0.6
Total intangible assets | $ | 106 |  |  | $ | (98) |  |  | $ | 8 |  |  | 4.9
Intangible assets are recorded in “other assets” within the consolidated balance sheets. In 2023, the Company recorded intangible assets of $23 and $4 in connection with the Rushmore Transaction and Roosevelt Transaction, respectively. See further discussion in Note 3, Acquisitions. The Company recognized $7 and $6 of amortization expense related to intangible assets during the years ended December 31, 2023 and 2022, respectively. The Company expects to record amortization expense for existing amortizable intangible assets of $7, $7, $6, $5, and $3 for each of the years ending December 31, 2024 to 2028. No impairment on intangible assets was recorded during the years ended December 31, 2023 and December 31, 2022.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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