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DEBT OBLIGATIONS - Schedule of Debt Obligations (Details) - USD ($)
6 Months Ended
Jun. 30, 2021
May 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]      
Outstanding Face Amount $ 28,618,727,000    
Carrying Value $ 28,594,868,000   $ 25,191,875,000
Weighted Average Funding Cost 1.35%    
Weighted Average Life (Years) 10 months 24 days    
MSR purchase price holdback $ 24,897,000   44,623,000
Secured Notes and Bonds Payable | Mr. Cooper      
Debt Instrument [Line Items]      
Outstanding Face Amount 5,900,000    
Secured Financing Agreements      
Debt Instrument [Line Items]      
Outstanding Face Amount 21,291,164,000    
Carrying Value $ 21,290,862,000   17,547,680,000
Weighted Average Funding Cost 0.81%    
Weighted Average Life (Years) 2 months 12 days    
MSR purchase price holdback $ 73,500,000    
Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount 7,327,563,000    
Carrying Value $ 7,304,006,000   7,644,195,000
Weighted Average Funding Cost 2.91%    
Weighted Average Life (Years) 3 years    
Securitization Notes Payable | Variable Interest Entity, Primary Beneficiary      
Debt Instrument [Line Items]      
Outstanding Face Amount   $ 750,000,000.0  
Real Estate Owned      
Debt Instrument [Line Items]      
Weighted Average Funding Cost 2.83%    
Warehouse Credit Facilities-Residential Mortgage Loans | Repurchase Agreements      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 5,595,304,000    
Carrying Value $ 5,595,001,000   4,039,564,000
Weighted Average Funding Cost 2.18%    
Weighted Average Life (Years) 7 months 6 days    
Repurchase agreements $ 234,600,000    
Interest rate 4.40%    
Warehouse Credit Facilities-Residential Mortgage Loans | Repurchase Agreements | Collateral      
Debt Instrument [Line Items]      
Weighted Average Life (Years) 24 years 4 months 24 days    
Outstanding Face of Collateral $ 6,137,572,000    
Amortized Cost Basis of Collateral 6,062,869,000    
Carrying Value of Collateral 6,108,837,000    
Agency RMBS | Secured Financing Agreements      
Debt Instrument [Line Items]      
Outstanding Face Amount 14,935,294,000    
Carrying Value $ 14,935,294,000   12,682,427,000
Weighted Average Funding Cost 0.17%    
Weighted Average Life (Years) 1 month 6 days    
Agency RMBS | Secured Financing Agreements | Collateral      
Debt Instrument [Line Items]      
Weighted Average Life (Years) 1 year    
Outstanding Face of Collateral $ 14,771,792,000    
Amortized Cost Basis of Collateral 15,278,052,000    
Carrying Value of Collateral 15,059,319,000    
Non-Agency RMBS | Repurchase Agreements | Retained Servicer Advance and Consumer Bonds      
Debt Instrument [Line Items]      
Carrying Value 13,600,000    
Non-Agency RMBS | Repurchase Agreements | Collateral | Retained Servicer Advance and Consumer Bonds      
Debt Instrument [Line Items]      
Carrying Value 18,000,000.0    
Non-Agency RMBS | Secured Financing Agreements      
Debt Instrument [Line Items]      
Outstanding Face Amount 691,034,000    
Carrying Value $ 691,034,000   817,209,000
Weighted Average Funding Cost 3.28%    
Weighted Average Life (Years) 0 years    
Non-Agency RMBS | Secured Financing Agreements | Collateral      
Debt Instrument [Line Items]      
Weighted Average Life (Years) 8 months 12 days    
Outstanding Face of Collateral $ 13,954,357,000    
Amortized Cost Basis of Collateral 1,113,243,000    
Carrying Value of Collateral 1,200,347,000    
Real Estate Owned | Secured Financing Agreements      
Debt Instrument [Line Items]      
Outstanding Face Amount 69,532,000    
Carrying Value $ 69,533,000   8,480,000
Weighted Average Life (Years) 2 years 10 months 24 days    
Real Estate Owned | Secured Financing Agreements | Single Family Rental Collateralized Notes      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 45,400,000    
Real Estate Owned | Secured Financing Agreements | Collateral      
Debt Instrument [Line Items]      
Carrying Value of Collateral 83,916,000    
Excess MSRs      
Debt Instrument [Line Items]      
Carrying Value 264,277,000   275,088,000
Excess MSRs | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount 264,277,000    
Carrying Value $ 264,277,000   275,088,000
Weighted Average Funding Cost 4.36%    
Weighted Average Life (Years) 3 years 2 months 12 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 $ 89,755,059,000    
Amortized Cost Basis of Collateral 293,976,000    
Carrying Value of Collateral 365,997,000    
MSRs | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount 2,505,820,000    
Carrying Value $ 2,494,717,000   2,691,791,000
Weighted Average Funding Cost 4.06%    
Weighted Average Life (Years) 3 years 6 months    
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 $ 388,124,130,000    
Amortized Cost Basis of Collateral 4,363,971,000    
Carrying Value of Collateral 4,701,128,000    
Servicer Advance Investments | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount 402,039,000    
Carrying Value $ 401,166,000   423,144,000
Weighted Average Funding Cost 1.33%    
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 1 month 6 days    
Outstanding Face of Collateral $ 420,537,000    
Amortized Cost Basis of Collateral 482,308,000    
Carrying Value of Collateral $ 502,533,000    
Servicer Advances | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Minimum      
Debt Instrument [Line Items]      
Variable interest rate spread 1.10%    
Servicer Advances | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR) | Maximum      
Debt Instrument [Line Items]      
Variable interest rate spread 3.90%    
Servicer Advances | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 2,411,938,000    
Carrying Value $ 2,405,718,000   2,585,575,000
Weighted Average Funding Cost 2.32%    
Weighted Average Life (Years) 1 year 8 months 12 days    
Face amount of debt at fixed rate $ 2,000,000,000.0    
Servicer Advances | Secured Notes and Bonds Payable | Collateral      
Debt Instrument [Line Items]      
Weighted Average Life (Years) 8 months 12 days    
Outstanding Face of Collateral $ 2,709,963,000    
Amortized Cost Basis of Collateral 2,719,410,000    
Carrying Value of Collateral 2,719,410,000    
Residential Mortgage Loans | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount 1,208,383,000    
Carrying Value $ 1,197,064,000   1,039,838,000
Weighted Average Funding Cost 2.30%    
Weighted Average Life (Years) 4 years 8 months 12 days    
Residential Mortgage Loans | Secured Notes and Bonds Payable | Collateral      
Debt Instrument [Line Items]      
Weighted Average Life (Years) 18 years 6 months    
Outstanding Face of Collateral $ 1,326,788,000    
Amortized Cost Basis of Collateral 1,461,742,000    
Carrying Value of Collateral 1,449,245,000    
Consumer Loans      
Debt Instrument [Line Items]      
Carrying Value 541,064,000   628,759,000
Consumer Loans | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount 535,106,000    
Carrying Value $ 541,064,000   $ 628,759,000
Weighted Average Funding Cost 2.04%    
Weighted Average Life (Years) 3 years 6 months    
Consumer Loans | Secured Notes and Bonds Payable | Collateral      
Debt Instrument [Line Items]      
Weighted Average Life (Years) 3 years 3 months 18 days    
Outstanding Face of Collateral $ 527,541,000    
Amortized Cost Basis of Collateral 537,287,000    
Carrying Value of Collateral 591,248,000    
4.40% Secured Corporate Note | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 264,300,000    
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 $ 328,900,000    
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 $ 239,900,000    
3.0% To 5.4% Public Notes | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount 1,937,000,000.0    
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 $ 38,700,000    
3.7% Asset-Backed Notes | Secured Notes and Bonds Payable | Maximum      
Debt Instrument [Line Items]      
Weighted Average Funding Cost 3.70%    
6.2% Asset-Backed Notes | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 68,800,000    
Interest rate 6.20%    
3.6% To 5.00% Asset-Backed Notes | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 244,500,000    
3.6% 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 3.60%    
3.6% 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%    
Residential mortgage loan UPB $ 482,100,000    
Consumer Loan, UPB Class B | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Interest rate 2.70%    
Residential mortgage loan UPB $ 53,000,000.0    
2.8% Asset-Backed Notes | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 100,500,000    
Interest rate 2.80%    
Revolving Warehouse Facility Backed Notes | Secured Notes and Bonds Payable | London Interbank Offered Rate (LIBOR)      
Debt Instrument [Line Items]      
Variable interest rate spread 1.10%    
Revolving Warehouse Facility Backed Notes | Secured Notes and Bonds Payable      
Debt Instrument [Line Items]      
Outstanding Face Amount $ 750,000,000.0