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Fair Value Measurements Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2022
Fair Value Measurements [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
The table below shows the notional amounts of our financial instruments at March 31, 2022 and December 31, 2021:
Description of Financial Instrument (in thousands)March 31, 2022December 31, 2021
Whole loan contracts and related committed IRLCs$14,587 $782 
Uncommitted IRLCs470,964 228,831 
FMBSs related to uncommitted IRLCs453,000 223,000 
Whole loan contracts and related mortgage loans held for sale5,005 3,785 
FMBSs related to mortgage loans held for sale200,000 251,000 
Mortgage loans held for sale covered by FMBSs198,937 263,088 
Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]
The following table sets forth the amount of gain (loss) recognized, within our revenue in the Unaudited Condensed Consolidated Statements of Income, on assets and liabilities measured on a recurring basis for the three months ended March 31, 2022 and 2021:
Three Months Ended March 31,
Description (in thousands)20222021
Mortgage loans held for sale$(5,956)$(6,940)
Forward sales of mortgage-backed securities13,560 9,347 
Interest rate lock commitments(7,229)(2,618)
Whole loan contracts125 413 
Total gain recognized$500 $202 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following tables set forth the fair value of the Company’s derivative instruments and their location within the Unaudited Condensed Consolidated Balance Sheets for the periods indicated (except for mortgage loans held for sale which are disclosed as a separate line item):
Asset DerivativesLiability Derivatives
March 31, 2022March 31, 2022
Description of DerivativesBalance Sheet
Location		Fair Value
(in thousands)		Balance Sheet LocationFair Value
(in thousands)
Forward sales of mortgage-backed securitiesOther assets$18,037 Other liabilities$— 
Interest rate lock commitmentsOther assets— Other liabilities7,648 
Whole loan contractsOther assets— Other liabilities5 
Total fair value measurements$18,037 $7,653 

Asset DerivativesLiability Derivatives
December 31, 2021December 31, 2021
Description of DerivativesBalance Sheet
Location		Fair Value
(in thousands)		Balance Sheet LocationFair Value
(in thousands)
Forward sales of mortgage-backed securitiesOther assets$4,477 Other liabilities$— 
Interest rate lock commitmentsOther assets— Other liabilities487 
Whole loan contractsOther assets— Other liabilities62 
Total fair value measurements$4,477 $549 
Fair Value, by Balance Sheet Grouping [Table Text Block]
The following table presents the carrying amounts and fair values of the Company’s financial instruments at March 31, 2022 and December 31, 2021. The objective of the fair value measurement is to estimate the price at which an orderly transaction to sell the asset or transfer the liability would take place between market participants at the measurement date under current market conditions.
March 31, 2022December 31, 2021
(In thousands)Fair Value HierarchyCarrying AmountFair ValueCarrying AmountFair Value
Assets:
Cash, cash equivalents and restricted cashLevel 1$218,606 $218,606 $236,368 $236,368 
Mortgage loans held for saleLevel 2200,455 200,455 275,655 275,655 
Forward sales of mortgage-backed securitiesLevel 218,037 18,037 4,477 4,477 
Liabilities:
Notes payable - financial services operationsLevel 2203,650 203,650 266,160 266,160 
Notes payable - otherLevel 21,871 1,795 4,549 5,015 
Senior notes due 2028 (a)
Level 2400,000 377,500 400,000 414,000 
Senior notes due 2030 (a)
Level 2300,000 262,875 300,000 294,375 
Interest rate lock commitmentsLevel 27,648 7,648 487 487 
Whole loan contracts for committed IRLCs and mortgage loans held for saleLevel 25 5 62 62 
(a)Our senior notes are stated at the principal amount outstanding which does not include the impact of premiums, discounts, and debt issuance costs that are amortized to interest cost over the respective terms of the notes.