Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

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 2022:

	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)As discussed in Note 3, Acquisitions, the Company recorded goodwill in connection with the Roosevelt Transaction.

(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, 2023
Intangible Assets	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life in Years
Customer 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 primarily include licenses.

	December 31, 2022
Intangible Assets	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life in Years
Customer relationships	$	74	$	(67)	$	7	5.6
Technology	25		(25)		—		0.0
Trade name	7		(6)		1		0.6
Total intangible assets	$	106	$	(98)	$	8	4.9