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DEBT OBLIGATIONS - Schedule of Debt Obligations (Details) - USD ($)
3 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]    
Outstanding Face Amount $ 26,651,603,000  
Carrying Value $ 26,630,335,000 $ 25,191,875,000
Weighted Average Funding Cost 1.50%  
Weighted Average Life (Years) 1 year 6 months  
MSR purchase price holdback $ 37,345,000 44,623,000
Secured Notes and Bonds Payable | Mr. Cooper    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 5,800,000  
Repurchase Agreements    
Debt Instrument [Line Items]    
Weighted Average Funding Cost 2.60%  
Secured Financing Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 19,524,439,000  
Carrying Value $ 19,522,460,000 17,547,680,000
Weighted Average Funding Cost 0.86%  
Weighted Average Life (Years) 6 months  
MSR purchase price holdback $ 56,400,000  
Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 7,127,164,000  
Carrying Value $ 7,107,875,000 7,644,195,000
Weighted Average Funding Cost 3.27%  
Weighted Average Life (Years) 4 years 3 months 18 days  
Warehouse Credit Facilities-Residential Mortgage Loans | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 5,133,435,000  
Carrying Value $ 5,131,682,000 4,039,564,000
Weighted Average Funding Cost 2.18%  
Repurchase agreements $ 247,700,000  
Interest rate 4.40%  
Warehouse Credit Facilities-Residential Mortgage Loans | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 20 years  
Outstanding Face of Collateral $ 5,539,834,000  
Amortized Cost Basis of Collateral 5,601,036,000  
Carrying Value of Collateral $ 5,562,750,000  
Warehouse Credit Facilities-Residential Mortgage Loans | Secured Financing Agreements    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 7 months 6 days  
Agency RMBS | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 13,641,520,000  
Carrying Value $ 13,641,520,000 12,682,427,000
Weighted Average Funding Cost 0.23%  
Agency RMBS | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Outstanding Face of Collateral $ 13,443,593,000  
Amortized Cost Basis of Collateral 13,956,269,000  
Carrying Value of Collateral $ 13,558,231,000  
Agency RMBS | Secured Financing Agreements    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 4 months 24 days  
Agency RMBS | Secured Financing Agreements | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 1 year  
Non-Agency RMBS | Repurchase Agreements | Retained Servicer Advance and Consumer Bonds    
Debt Instrument [Line Items]    
Carrying Value $ 24,100,000  
Non-Agency RMBS | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount 740,770,000  
Carrying Value $ 740,544,000 817,209,000
Weighted Average Funding Cost 3.33%  
Non-Agency RMBS | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Outstanding Face of Collateral $ 15,722,106,000  
Amortized Cost Basis of Collateral 1,247,027,000  
Carrying Value of Collateral 1,304,584,000  
Non-Agency RMBS | Repurchase Agreements | Collateral | Retained Servicer Advance and Consumer Bonds    
Debt Instrument [Line Items]    
Carrying Value $ 33,100,000  
Non-Agency RMBS | Secured Financing Agreements    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 months  
Non-Agency RMBS | Secured Financing Agreements | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 8 months 12 days  
Real Estate Owned | Repurchase Agreements    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 8,714,000  
Carrying Value 8,714,000 8,480,000
Real Estate Owned | Repurchase Agreements | Collateral    
Debt Instrument [Line Items]    
Carrying Value of Collateral $ 11,580,000  
Real Estate Owned | Secured Financing Agreements    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 1 year 9 months 18 days  
Excess MSRs    
Debt Instrument [Line Items]    
Carrying Value $ 265,899,000 275,088,000
Excess MSRs | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 265,899,000  
Carrying Value $ 265,899,000 275,088,000
Weighted Average Funding Cost 4.36%  
Weighted Average Life (Years) 3 years 4 months 24 days  
Excess MSRs | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 years 2 months 12 days  
Outstanding Face of Collateral $ 95,393,278,000  
Amortized Cost Basis of Collateral 315,399,000  
Carrying Value of Collateral 390,631,000  
MSRs | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 2,696,137,000  
Carrying Value $ 2,685,492,000 2,691,791,000
Weighted Average Funding Cost 4.25%  
Weighted Average Life (Years) 3 years 3 months 18 days  
MSRs | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 6 years 2 months 12 days  
Outstanding Face of Collateral $ 385,377,861,000  
Amortized Cost Basis of Collateral 4,240,151,000  
Carrying Value of Collateral 4,717,694,000  
Servicer Advance Investments | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 403,570,000  
Carrying Value $ 402,691,000 423,144,000
Weighted Average Funding Cost 1.42%  
Weighted Average Life (Years) 1 year 3 months 18 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 $ 440,306,000  
Amortized Cost Basis of Collateral 492,831,000  
Carrying Value of Collateral $ 517,558,000  
Servicer Advance Investments | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Minimum    
Debt Instrument [Line Items]    
Variable interest rate spread 1.40%  
Servicer Advance Investments | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Maximum    
Debt Instrument [Line Items]    
Variable interest rate spread 3.90%  
Servicer Advance Investments | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 2,494,763,000  
Carrying Value $ 2,487,465,000 2,585,575,000
Weighted Average Funding Cost 2.43%  
Weighted Average Life (Years) 1 year 7 months 6 days  
Face amount of debt at fixed rate $ 2,000,000,000.0  
Servicer Advance Investments | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Outstanding Face of Collateral 2,898,656,000  
Amortized Cost Basis of Collateral 2,895,073,000  
Carrying Value of Collateral 2,895,073,000  
Residential Mortgage Loans | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 682,847,000  
Carrying Value $ 675,317,000 1,039,838,000
Weighted Average Funding Cost 4.18%  
Weighted Average Life (Years) 20 years 4 months 24 days  
Residential Mortgage Loans | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 4 years 2 months 12 days  
Outstanding Face of Collateral $ 1,019,812,000  
Amortized Cost Basis of Collateral 998,328,000  
Carrying Value of Collateral 934,291,000  
Consumer Loans    
Debt Instrument [Line Items]    
Carrying Value 591,011,000 628,759,000
Consumer Loans | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 583,948,000  
Carrying Value $ 591,011,000 628,759,000
Weighted Average Funding Cost 2.03%  
Weighted Average Life (Years) 3 years 4 months 24 days  
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 $ 575,267,000  
Amortized Cost Basis of Collateral 584,632,000  
Carrying Value of Collateral 637,264,000  
4.40% Secured Corporate Note | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 265,900,000  
4.40% Secured Corporate Note | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Variable interest rate spread 4.40%  
3.30% Agency MSR Secured Note And Bond Payable | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 373,900,000  
Variable interest rate spread 3.30%  
3.9% Agency MSR | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)    
Debt Instrument [Line Items]    
Variable interest rate spread 3.90%  
3.9% Agency MSR | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 394,900,000  
3.0% To 5.4% Public Notes | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount 1,927,300,000  
3.0% To 5.4% Public Notes | Secured Notes and Bonds Payable | Minimum    
Debt Instrument [Line Items]    
Outstanding Face Amount 0.030  
3.0% To 5.4% Public Notes | Secured Notes and Bonds Payable | Maximum    
Debt Instrument [Line Items]    
Outstanding Face Amount 0.054  
2.9% Residential Mortgage Loans | Secured Notes and Bonds Payable | Mr. Cooper    
Debt Instrument [Line Items]    
Collateral amount $ 1,600,000  
2.9% Residential Mortgage Loans | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Mr. Cooper    
Debt Instrument [Line Items]    
Variable interest rate spread 2.90%  
3.7% Asset-Backed Notes | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 50,700,000  
3.7% Asset-Backed Notes | Secured Notes and Bonds Payable | Maximum    
Debt Instrument [Line Items]    
Weighted Average Funding Cost 3.70%  
6.6% Asset-Backed Notes | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 139,200,000  
Interest rate 6.60%  
3.2% To 5.00% Asset-Backed Notes | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Outstanding Face Amount $ 466,500,000  
3.2% To 5.00% Asset-Backed Notes | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Minimum    
Debt Instrument [Line Items]    
Variable interest rate spread 3.20%  
3.2% To 5.00% Asset-Backed Notes | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Maximum    
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 2.00%  
UPB of Underlying Mortgages $ 530,900,000  
Consumer Loan, UPB Class B | Secured Notes and Bonds Payable    
Debt Instrument [Line Items]    
Interest rate 2.70%  
UPB of Underlying Mortgages $ 53,000,000.0  
Servicer advances    
Debt Instrument [Line Items]    
Carrying Value $ 2,890,156,000 $ 3,008,719,000
Servicer advances | Secured Notes and Bonds Payable | Collateral    
Debt Instrument [Line Items]    
Weighted Average Life (Years) 8 months 12 days