XML 83 R72.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fair Value - Level 3 Unobservable Inputs, Mortgage Servicing Rights, Effect of Change In Inputs on Fair Value (Details)
3 Months Ended 12 Months Ended
Mar. 31, 2024
USD ($)
Y
Dec. 31, 2023
USD ($)
Y
MSR and pool characteristics    
Carrying value $ 7,483,210,000 $ 7,099,348,000
Mortgage servicing liabilities | Level 3    
Prepayment speed    
Annual per-loan cost of servicing 992 1,043
Total | Mortgage servicing rights | Level 3    
MSR and pool characteristics    
Carrying value 7,483,210,000 7,099,348,000
Unpaid principal balance of underlying loans $ 381,470,663,000 $ 370,244,119,000
Weighted-average note interest rate (as a percent) 4.20% 4.10%
Weighted-average servicing fee rate (as a percent) 0.38% 0.38%
Pricing spread    
Effect on fair value of 5% adverse change $ (98,475,000) $ (94,307,000)
Effect on fair value of 10% adverse change (194,382,000) (186,129,000)
Effect on fair value of 20% adverse change (378,857,000) (362,671,000)
Prepayment speed    
Effect on fair value of 5% adverse change (110,071,000) (107,757,000)
Effect on fair value of 10% adverse change (216,317,000) (211,643,000)
Effect on fair value of 20% adverse change (418,132,000) (408,638,000)
Annual per-loan cost of servicing    
Effect on fair value of 5% adverse change (45,114,000) (44,572,000)
Effect on fair value of 10% adverse change (90,228,000) (89,145,000)
Effect on fair value of 20% adverse change (180,457,000) (178,289,000)
Total | Mortgage servicing rights | Level 3 | Minimum    
Prepayment speed    
Annual per-loan cost of servicing 70 70
Total | Mortgage servicing rights | Level 3 | Maximum    
Prepayment speed    
Annual per-loan cost of servicing 132 135
Total | Mortgage servicing rights | Level 3 | Weighted average    
Prepayment speed    
Annual per-loan cost of servicing $ 107 $ 107
Total | Mortgage servicing rights | Pricing spread | Level 3 | Minimum    
Inputs    
Input 0.055 0.055
Total | Mortgage servicing rights | Pricing spread | Level 3 | Maximum    
Inputs    
Input 0.126 0.126
Total | Mortgage servicing rights | Pricing spread | Level 3 | Weighted average    
Inputs    
Input 0.064 0.064
Total | Mortgage servicing rights | Annual total prepayment speed | Level 3 | Minimum    
Inputs    
Input 0.060 0.061
Total | Mortgage servicing rights | Annual total prepayment speed | Level 3 | Maximum    
Inputs    
Input 0.176 0.178
Total | Mortgage servicing rights | Annual total prepayment speed | Level 3 | Weighted average    
Inputs    
Input 0.079 0.083
Total | Mortgage servicing rights | Life | Level 3 | Minimum    
Inputs    
Input | Y 3.0 3.0
Total | Mortgage servicing rights | Life | Level 3 | Maximum    
Inputs    
Input | Y 9.0 9.0
Total | Mortgage servicing rights | Life | Level 3 | Weighted average    
Inputs    
Input | Y 8.2 8.1