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DEBT OBLIGATIONS - Schedule of Debt Obligations (Details) - USD ($)
9 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Outstanding Face Amount $ 22,429,761,000  
Carrying Value $ 22,400,516,000 $ 35,636,373,000
Weighted Average Funding Cost 1.93%  
Weighted Average Life (Years) 2 years 3 months 18 days  
MSR purchase price holdback $ 33,195,000 68,668,000
Secured Notes and Bonds Payable | Mr. Cooper    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 989,100,000  
Repurchase Agreements    
Debt Instrument [Line Items]    
Weighted Average Funding Cost 3.94%  
Weighted Average Life (Years) 1 year 3 months 18 days  
Secured Financing Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 14,673,179,000  
Carrying Value $ 14,666,868,000 27,916,225,000
Weighted Average Funding Cost 1.05%  
Weighted Average Life (Years) 4 months 24 days  
MSR purchase price holdback $ 19,500,000  
Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 7,756,582,000  
Carrying Value $ 7,733,648,000 7,720,148,000
Weighted Average Funding Cost 3.60%  
Weighted Average Life (Years) 6 years 1 month 6 days  
Warehouse Credit Facilities-Residential Mortgage Loans | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 3,759,627,000  
Carrying Value $ 3,754,803,000 5,053,207,000
Weighted Average Funding Cost 2.50%  
Weighted Average Life (Years) 1 year  
Repurchase agreements $ 270,700,000  
Interest rate 4.40%  
Warehouse Credit Facilities-Residential Mortgage Loans | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 17 years 1 month 6 days  
Outstanding Face of Collateral $ 4,156,437,000  
Amortized Cost Basis of Collateral 4,250,005,000  
Carrying Value of Collateral 4,215,066,000  
Agency RMBS | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount 9,958,246,000  
Carrying Value $ 9,958,246,000 15,481,677,000
Weighted Average Funding Cost 0.20%  
Weighted Average Life (Years) 2 months 12 days  
Agency RMBS | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 3 years 9 months 18 days  
Outstanding Face of Collateral $ 9,930,973,000  
Amortized Cost Basis of Collateral 10,285,282,000  
Carrying Value of Collateral 10,361,950,000  
Non-Agency RMBS | Repurchase Agreements | Retained Servicer Advance and Consumer Bonds    
Debt Instrument [Line Items]    
Carrying Value 30,400,000  
Non-Agency RMBS | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount 952,323,000  
Carrying Value $ 950,836,000 7,317,519,000
Weighted Average Funding Cost 4.10%  
Non-Agency RMBS | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 years  
Outstanding Face of Collateral $ 18,999,108,000  
Amortized Cost Basis of Collateral 1,730,072,000  
Carrying Value of Collateral 1,734,798,000  
Non-Agency RMBS | Repurchase Agreements | Collateral | Retained Servicer Advance and Consumer Bonds    
Debt Instrument [Line Items]    
Carrying Value 37,300,000  
Real Estate Owned | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount 2,983,000  
Carrying Value 2,983,000 63,822,000
Real Estate Owned | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Carrying Value of Collateral 3,796,000  
Excess MSRs    
Debt Instrument [Line Items]    
Carrying Value 264,980,000 217,300,000
Excess MSRs | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 264,980,000  
Carrying Value $ 264,980,000 217,300,000
Weighted Average Funding Cost 3.91%  
Weighted Average Life (Years) 1 year 1 month 6 days  
Excess MSRs | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 years  
Outstanding Face of Collateral $ 107,584,509,000  
Amortized Cost Basis of Collateral 333,874,000  
Carrying Value of Collateral 421,907,000  
MSRs | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 2,794,108,000  
Carrying Value $ 2,786,144,000 2,640,036,000
Weighted Average Funding Cost 4.57%  
Weighted Average Life (Years) 2 years 3 months 18 days  
MSRs | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 5 years 9 months 18 days  
Outstanding Face of Collateral $ 444,177,336,000  
Amortized Cost Basis of Collateral 4,645,075,000  
Carrying Value of Collateral 4,675,648,000  
Servicer Advance Investments | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 412,538,000  
Carrying Value $ 412,538,000 581,777,000
Weighted Average Funding Cost 2.27%  
Weighted Average Life (Years) 7 months 6 days  
Servicer Advance Investments | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 years 3 months 18 days  
Outstanding Face of Collateral $ 434,998,000  
Amortized Cost Basis of Collateral 510,995,000  
Carrying Value of Collateral $ 535,760,000  
Servicer Advances | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Minimum    
Debt Instrument [Line Items]    
Variable interest rate spread 1.38%  
Servicer Advances | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Maximum    
Debt Instrument [Line Items]    
Variable interest rate spread 1.85%  
Servicer Advances | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 2,502,158,000  
Carrying Value $ 2,492,239,000 2,599,895,000
Weighted Average Funding Cost 2.84%  
Weighted Average Life (Years) 1 year 10 months 24 days  
Face amount of debt at fixed rate $ 1,900,000,000  
Servicer Advances | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 8 months 12 days  
Outstanding Face of Collateral $ 2,747,433,000  
Amortized Cost Basis of Collateral 2,857,040,000  
Carrying Value of Collateral 2,857,040,000  
Residential Mortgage | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 1,103,847,000  
Carrying Value $ 1,096,638,000 864,451,000
Weighted Average Funding Cost 4.26%  
Weighted Average Life (Years) 30 years 1 month 6 days  
Residential Mortgage | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 4 years 1 month 6 days  
Outstanding Face of Collateral $ 1,656,351,000  
Amortized Cost Basis of Collateral 1,588,739,000  
Carrying Value of Collateral 1,413,258,000  
Consumer Loans    
Debt Instrument [Line Items]    
Carrying Value 681,109,000 816,689,000
Consumer Loans | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 678,951,000  
Carrying Value $ 681,109,000 $ 816,689,000
Weighted Average Funding Cost 2.03%  
Weighted Average Life (Years) 3 years  
Consumer Loans | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 3 years 7 months 6 days  
Outstanding Face of Collateral $ 663,047,000  
Amortized Cost Basis of Collateral 718,287,000  
Carrying Value of Collateral 718,287,000  
2.50% Secured Corporate Note | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 70,200,000  
2.50% Secured Corporate Note | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Variable interest rate spread 2.50%  
3.50% Secured Corporate Note | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 194,700,000  
Variable interest rate spread 3.50%  
4.50% Agency MSR Secured Note And Bond Payable | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 326,100,000  
4.50% Agency MSR Secured Note And Bond Payable | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 933,000,000.0  
Variable interest rate spread 4.50%  
2.50% Agency MSR Secured Note | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 37,400,000  
2.50% Agency MSR Secured Note | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Variable interest rate spread 2.50%  
3.55% To 5.44% Agency MSR Secured Notes And Bonds Payable | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 1,497,600,000  
3.55% To 5.44% Agency MSR Secured Notes And Bonds Payable | Secured Notes and Bonds Payable | Minimum    
Debt Instrument [Line Items]    
Outstanding Face Amount 0.0355  
3.55% To 5.44% Agency MSR Secured Notes And Bonds Payable | Secured Notes and Bonds Payable | Maximum    
Debt Instrument [Line Items]    
Outstanding Face Amount 0.0544  
2.88% Residential Mortgage Loans | Secured Notes and Bonds Payable | Mr. Cooper    
Debt Instrument [Line Items]    
Collateral amount $ 1,400,000  
2.88% Residential Mortgage Loans | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Mr. Cooper    
Debt Instrument [Line Items]    
Variable interest rate spread 2.88%  
3.72% Asset-Backed Notes | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 75,100,000  
3.72% Asset-Backed Notes | Secured Notes and Bonds Payable | Maximum    
Debt Instrument [Line Items]    
Weighted Average Funding Cost 3.72%  
6.63% Asset-Backed Notes | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 165,500,000  
Interest rate 6.63%  
3.23% To 5.00% Asset-Backed Notes | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 0.0323  
3.23% To 5.00% Asset-Backed Notes | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Variable interest rate spread 5.00%  
Consumer Loan, UPB Class A | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Interest rate 1.97%  
UPB of Underlying Mortgages $ 610,000,000.0  
Consumer Loan, UPB Class B | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Interest rate 2.66%  
UPB of Underlying Mortgages $ 53,000,000.0