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Fair Value Measurements - Fair Value by Balance Sheet Line Item (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Financial assets    
Restricted cash $ 271.0 $ 319.0
Reverse mortgage interests, net 6,662.0 7,934.0
Mortgage loans held for sale 4,267.0 1,631.0
Mortgage loans held for investment 0.0 119.0
Financial liabilities    
Unsecured senior notes 2,464.0 2,459.0
Advance facilities 513.0 595.0
Warehouse facilities 4,802.0 2,349.0
Mortgage servicing rights financing liability 47.0 32.0
Excess spread financing 1,281.0 1,184.0
Other nonrecourse debt 5,533.0 6,795.0
Participating interest financing    
Financial liabilities    
Other nonrecourse debt 4,581.0 5,607.0
Trust 2017-2    
Financial liabilities    
Other nonrecourse debt 0.0 231.0
Trust 2018-1    
Financial liabilities    
Other nonrecourse debt 201.0 284.0
Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 161.0 250.0
Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 239.0 326.0
Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 339.0 0.0
Nonrecourse debt - legacy assets    
Financial liabilities    
Other nonrecourse debt 0.0 29.0
Recurring Fair Value Measurements    
Financial assets    
Cash and cash equivalents 371.0 242.0
Restricted cash 271.0 319.0
Advances and other receivables, net 967.0 1,194.0
Reverse mortgage interests, net 6,662.0 7,934.0
Mortgage loans held for sale 4,267.2 1,630.8
Mortgage loans held for investment   119.1
Derivative financial instruments 170.0 49.0
Financial liabilities    
Unsecured senior notes 2,464.0 2,459.0
Advance facilities 513.0 595.0
Warehouse facilities 4,802.0 2,349.0
Mortgage servicing rights financing liability 46.9 31.7
Excess spread financing 1,281.0 1,184.0
Derivative financial instruments at fair value 19.0 20.0
Recurring Fair Value Measurements | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 4,593.0 5,675.0
Recurring Fair Value Measurements | Trust 2017-2    
Financial liabilities    
Other nonrecourse debt   231.0
Recurring Fair Value Measurements | Trust 2018-1    
Financial liabilities    
Other nonrecourse debt 201.0 284.0
Recurring Fair Value Measurements | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 161.0 250.0
Recurring Fair Value Measurements | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 239.0 326.0
Recurring Fair Value Measurements | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 339.0  
Recurring Fair Value Measurements | Nonrecourse debt - legacy assets    
Financial liabilities    
Other nonrecourse debt   29.0
Recurring Fair Value Measurements | Level 1    
Financial assets    
Cash and cash equivalents 371.0 242.0
Restricted cash 271.0 319.0
Advances and other receivables, net 0.0 0.0
Reverse mortgage interests, net 0.0 0.0
Mortgage loans held for sale 0.0 0.0
Mortgage loans held for investment   0.0
Derivative financial instruments 0.0 0.0
Financial liabilities    
Unsecured senior notes 2,592.0 2,451.0
Advance facilities 0.0 0.0
Warehouse facilities 0.0 0.0
Mortgage servicing rights financing liability 0.0 0.0
Excess spread financing 0.0 0.0
Derivative financial instruments at fair value 0.0 0.0
Recurring Fair Value Measurements | Level 1 | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2017-2    
Financial liabilities    
Other nonrecourse debt   0.0
Recurring Fair Value Measurements | Level 1 | Trust 2018-1    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 1 | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 0.0  
Recurring Fair Value Measurements | Level 1 | Nonrecourse debt - legacy assets    
Financial liabilities    
Other nonrecourse debt   0.0
Recurring Fair Value Measurements | Level 2    
Financial assets    
Cash and cash equivalents 0.0 0.0
Restricted cash 0.0 0.0
Advances and other receivables, net 0.0 0.0
Reverse mortgage interests, net 0.0 0.0
Mortgage loans held for sale 4,267.2 1,630.8
Mortgage loans held for investment   0.0
Derivative financial instruments 170.0 49.0
Financial liabilities    
Unsecured senior notes 0.0 0.0
Advance facilities 513.0 595.0
Warehouse facilities 4,802.0 2,349.0
Mortgage servicing rights financing liability 0.0 0.0
Excess spread financing 0.0 0.0
Derivative financial instruments at fair value 19.0 20.0
Recurring Fair Value Measurements | Level 2 | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2017-2    
Financial liabilities    
Other nonrecourse debt   0.0
Recurring Fair Value Measurements | Level 2 | Trust 2018-1    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 0.0 0.0
Recurring Fair Value Measurements | Level 2 | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt 0.0  
Recurring Fair Value Measurements | Level 2 | Nonrecourse debt - legacy assets    
Financial liabilities    
Other nonrecourse debt   0.0
Recurring Fair Value Measurements | Level 3    
Financial assets    
Cash and cash equivalents 0.0 0.0
Restricted cash 0.0 0.0
Advances and other receivables, net 967.0 1,194.0
Reverse mortgage interests, net 6,726.0 7,934.0
Mortgage loans held for sale 0.0 0.0
Mortgage loans held for investment   119.1
Derivative financial instruments 0.0 0.0
Financial liabilities    
Unsecured senior notes 0.0 0.0
Advance facilities 0.0 0.0
Warehouse facilities 0.0 0.0
Mortgage servicing rights financing liability 46.9 31.7
Excess spread financing 1,281.0 1,184.0
Derivative financial instruments at fair value 0.0 0.0
Recurring Fair Value Measurements | Level 3 | Participating interest financing    
Financial liabilities    
Other nonrecourse debt 4,590.0 5,672.0
Recurring Fair Value Measurements | Level 3 | Trust 2017-2    
Financial liabilities    
Other nonrecourse debt   230.0
Recurring Fair Value Measurements | Level 3 | Trust 2018-1    
Financial liabilities    
Other nonrecourse debt 201.0 284.0
Recurring Fair Value Measurements | Level 3 | Trust 2018-2    
Financial liabilities    
Other nonrecourse debt 161.0 249.0
Recurring Fair Value Measurements | Level 3 | Trust 2018-3    
Financial liabilities    
Other nonrecourse debt 239.0 326.0
Recurring Fair Value Measurements | Level 3 | Trust 2019-1    
Financial liabilities    
Other nonrecourse debt $ 339.0  
Recurring Fair Value Measurements | Level 3 | Nonrecourse debt - legacy assets    
Financial liabilities    
Other nonrecourse debt   $ 28.0