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Advances and Other Receivables (Tables) | 6 Months Ended
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Jun. 30, 2025
Receivables [Abstract] |
Schedule of accounts receivable | Advances and other receivables, net, consists of the following:
Advances and Other Receivables, Net | June 30, 2025 |  | December 31, 2024
Servicing advances, net of $5 and $6 purchase discount, respectively | $ | 1,202 |  |  | $ | 1,410 |
Receivables from agencies, investors and prior servicers | 38 |  |  | 47 |
Reserves | (116) |  |  | (112) |
Total advances and other receivables, net | $ | 1,124 |  |  | $ | 1,345 |
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 | 2025 |  | 2024 |  | 2025 |  | 2024
Balance - beginning of period | $ | 117 |  |  | $ | 144 |  |  | $ | 112 |  |  | $ | 170 |
Provision(1) | 22 |  |  | (4) |  |  | 36 |  |  | 11 |
Reclassifications(2) | (4) |  |  | 8 |  |  | (5) |  |  | 17 |
Write-offs(3) | (19) |  |  | 1 |  |  | (27) |  |  | (49) |
Balance - end of period | $ | 116 |  |  | $ | 149 |  |  | $ | 116 |  |  | $ | 149 |
(1)The Company recorded a provision of $10 and $6 t hrough the MTM adjustments in “revenues - service related, net” in the condensed consolidated statements of operations during the three months ended June 30, 2025 and 2024, respectively and a provision of $16 and $12 during the six months ended June 30, 2025 and 2024, respectively. (2)Reclassifications represent required reserves provisioned within other balance sheet accounts as associated serviced loans become inactive or liquidate. (3)Write-offs represent balances removed from the servicing platform during the respective periods, including fully reserved balances related to third-party settlements where further loss recovery of prior servicer errors is limited.

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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 -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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