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Fair Value Measurements - Measured on a Recurring Basis (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Assets      
Mortgage loans held for sale $ 3,179 $ 4,077  
Forward mortgage servicing rights 2,757 3,496 $ 3,505
Derivative financial instruments 391 153  
Liabilities      
Mortgage servicing rights financing 49 37  
Recurring Fair Value Measurements      
Assets      
Mortgage loans held for sale 3,179 4,077  
Forward mortgage servicing rights 2,757 3,496  
Derivative financial instruments 391 153  
Total assets 6,327 7,727  
Liabilities      
Mortgage servicing rights financing 49 37  
Excess spread financing 1,124 1,311  
Total liabilities 1,223 1,363  
Recurring Fair Value Measurements | IRLCs      
Assets      
Derivative financial instruments 370 135  
Recurring Fair Value Measurements | Forward MBS trades      
Assets      
Derivative financial instruments 3 7  
Liabilities      
Derivative financial instruments 50 12  
Recurring Fair Value Measurements | LPCs      
Assets      
Derivative financial instruments 18 12  
Liabilities      
Derivative financial instruments 1 3  
Recurring Fair Value Measurements | Level 1      
Assets      
Mortgage loans held for sale 0 0  
Forward mortgage servicing rights 0 0  
Derivative financial instruments 0 0  
Total assets 0 0  
Liabilities      
Mortgage servicing rights financing 0 0  
Excess spread financing 0 0  
Total liabilities 0 0  
Recurring Fair Value Measurements | Level 1 | IRLCs      
Assets      
Derivative financial instruments 0 0  
Recurring Fair Value Measurements | Level 1 | Forward MBS trades      
Assets      
Derivative financial instruments 0 0  
Liabilities      
Derivative financial instruments 0 0  
Recurring Fair Value Measurements | Level 1 | LPCs      
Assets      
Derivative financial instruments 0 0  
Liabilities      
Derivative financial instruments   0  
Recurring Fair Value Measurements | Level 2      
Assets      
Mortgage loans held for sale 3,179 4,077  
Forward mortgage servicing rights 0 0  
Derivative financial instruments 3 153  
Total assets 3,182 4,231  
Liabilities      
Mortgage servicing rights financing 0 0  
Excess spread financing 0 0  
Total liabilities 50 15  
Recurring Fair Value Measurements | Level 2 | IRLCs      
Assets      
Derivative financial instruments 0 135  
Recurring Fair Value Measurements | Level 2 | Forward MBS trades      
Assets      
Derivative financial instruments 3 7  
Liabilities      
Derivative financial instruments 50 12  
Recurring Fair Value Measurements | Level 2 | LPCs      
Assets      
Derivative financial instruments 0 12  
Liabilities      
Derivative financial instruments   3  
Recurring Fair Value Measurements | Level 3      
Assets      
Mortgage loans held for sale 0 0  
Forward mortgage servicing rights 2,757 3,496  
Derivative financial instruments 388 0  
Total assets 3,145 3,496  
Liabilities      
Mortgage servicing rights financing 49 37  
Excess spread financing 1,124 1,311  
Total liabilities 1,173 1,348  
Recurring Fair Value Measurements | Level 3 | IRLCs      
Assets      
Derivative financial instruments 370 0  
Recurring Fair Value Measurements | Level 3 | Forward MBS trades      
Assets      
Derivative financial instruments 0 0  
Liabilities      
Derivative financial instruments 0 0  
Recurring Fair Value Measurements | Level 3 | LPCs      
Assets      
Derivative financial instruments $ 18 0  
Liabilities      
Derivative financial instruments   $ 0