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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of 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 2024.
| 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)The Company recorded goodwill in connection with the Roosevelt Transaction to both Servicing and Corporate/Other as discussed in Note 3, Acquisitions. (2)The goodwill associated with Xome and Roosevelt is included in Corporate/Other.
Schedule of Intangible Assets | The following tables present the composition of intangible assets:
| December 31, 2024
Intangible Assets | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life in Years
Client relationships | $ | 197 |  |  | $ | (85) |  |  | $ | 112 |  |  | 4.6
Trade name | 9 |  |  | (7) |  |  | 2 |  |  | 3.5
Other(1) | 7 |  |  | (2) |  |  | 5 |  |  | 2.6
Total intangible assets | $ | 213 |  |  | $ | (94) |  |  | $ | 119 |  |  | 4.5
| December 31, 2023
Intangible Assets | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life in Years
Client 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 include assembled workforce and licenses.

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