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Investments, Equity Method and Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments The Company's equity method investment balances at June 30, 2023 and December 31, 2022 were as follows:
 June 30, 2023December 31, 2022
Guaranteed Rate Affinity (1)$72 $72 
Title Insurance Underwriter Joint Venture (2)72 75 
Other Title Group equity method investments (3)
10 10 
Total Title Group equity method investments
154 157 
Owned Brokerage Group equity method investments (4)26 27 
Total equity method investments$180 $184 
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(1)The Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc.
(2)The Company’s 25% equity interest in the Title Insurance Underwriter Joint Venture formed on March 29, 2022. During the first quarter of 2023, the Company sold a portion of its interest in the Title Insurance Underwriter Joint Venture to a third party, reducing
the Company's equity interest from 26% to 25% (see Note 1, "Basis of PresentationSale of the Title Insurance Underwriter", for additional information).
(3)Includes Title Group's various other equity method investments. The Company received $1 million in cash dividends from these investments during the six months ended June 30, 2023.
(4)Includes the Company's former 49% investment in RealSure (operations were ceased in the fourth quarter of 2022), the Company's 50% owned unconsolidated real estate auction joint venture with Sotheby's and other brokerage related investments. The Company received $1 million in cash dividends from these investments during the six months ended June 30, 2023.
Investment Income
The Company recorded equity in (earnings) losses from its equity method investments as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
 2023202220232022
Guaranteed Rate Affinity$(2)$$— $
Title Insurance Underwriter Joint Venture(1)(3)(2)(3)
Other Title Group equity method investments
(1)— (1)(1)
Owned Brokerage Group equity method investments(1)— 
Equity in (earnings) losses of unconsolidated entities$(5)$$(3)$14