Advances and Other Receivables (Tables)

9 Months Ended

Sep. 30, 2023

Advances and other receivables, net, consists of the following:


Advances and Other Receivables, Net	September 30, 2023		December 31, 2022
Servicing advances, net of $12 purchase discount	$	813	$	1,053
Receivables from agencies, investors and prior servicers, net of $7 purchase discount	109		103
Reserves	(164)		(137)
Total advances and other receivables, net	$	758	$	1,019

The following table sets forth the activities of the servicing reserves for advances and other receivables:


	Three Months Ended September 30,				Nine Months Ended September 30,
Reserves for Advances and Other Receivables	2023		2022		2023		2022
Balance - beginning of period	$	156	$	150	$	137	$	167
Provision	8		10		26		22
Reclassifications(1)	11		9		27		31
Write-offs	(11)		(26)		(26)		(77)
Balance - end of period	$	164	$	143	$	164	$	143

(1)Reclassifications represent required reserves provisioned within other balance sheet accounts as associated serviced loans become inactive or liquidate.

The following tables set forth the activities of the purchase discounts for advances and other receivables:


	Three Months Ended September 30,
	2023				2022
Purchase Discount for Advances and Other Receivables	Servicing Advances		Receivables from Agencies, Investors and Prior Servicers		Servicing Advances		Receivables from Agencies, Investors and Prior Servicers
Balance - beginning of period	$	9	$	7	$	14	$	8
Addition from acquisition(1)	4		—		—		—
Utilization of purchase discounts	(1)		—		(2)		(1)

Balance - end of period	$	12	$	7	$	12	$	7


	Nine Months Ended September 30,
	2023				2022
Purchase Discount for Advances and Other Receivables	Servicing Advances		Receivables from Agencies, Investors and Prior Servicers		Servicing Advances		Receivables from Agencies, Investors and Prior Servicers
Balance - beginning of period	$	12	$	7	$	19	$	12
Addition from acquisition(1)	4		—		—		—
Utilization of purchase discounts	(4)		—		(7)		(5)
Balance - end of period	$	12	$	7	$	12	$	7