Payables and Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2020

Payables and Accruals [Abstract]

Schedule of Payables and Accrued Liabilities

Payables and other liabilities consist of the following:

Payables and other liabilities	March 31, 2020		December 31, 2019
Loans subject to repurchase right from Ginnie Mae	$	468	$	560
Payables to servicing and subservicing investors	407		423
Derivative financial instruments	223		15
Payable to GSEs and securitized trusts	148		182
Operating lease liabilities	125		135
Other liabilities	594		701
Total payables and other liabilities	$	1,965	$	2,016

Schedule of Loans Subject to Repurchase Reserve

The following table sets forth the activities of the repurchase reserves:

Repurchase Reserves	Three Months Ended March 31, 2020			Three Months Ended March 31, 2019
Balance - beginning of period	$	25		$	8
Provisions	5			8
Releases	(1		)	—
Balance - end of period	$	29		$	16